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August 21, 2020
Whether you think of crowdfunding as an essential tool in your fundraising arsenal or you aren’t sure whether you can actually bring in money via these platforms, you can benefit from reviewing some recent innovations on Indiegogo.
We’ve pored over the crowdfunding site and identified five projects currently still raising money that have surpassed $1 million in funding. Check out these five items and determine whether you might have the same success rate on the site.
The Bluetti AC200 is a solar power station that has raised $5.9 million of its humble $10,000 goal, and at press time it had just 12 hours left to its fundraising period. The device aims to serve as a solar power station that you can take anywhere to power your devices.
The designers of this solar power product say it’s quieter and more eco-friendly than a standard gas-powered generator, featuring a lithium-ion battery that’s maintenance-free. It powers 17 devices at the same time, with six AC outlets, two 15W wireless chargers, multiple USB ports, a cigarette lighter and more. You can give it a full recharge after placing it in the sun for three to four hours, and it charges in about five hours via wall socket.
It’s no secret that bike sales have exploded since the pandemic began, as many people have been reluctant to take public transportation for fear of catching COVID-19. Perhaps that’s helped fuel interest in Superstrata, the world’s first 3D-printed unibody carbon fiber bike and e-bike, which has raised $4.7 million with 23 days left in its funding period.
The bike’s most unique selling point is its custom-fit creation, developed to fit your precise measurements. Any bike rider, from 4’7” in height to 7’4” tall, can get a carbon fiber bike frame created specifically for them. The unibody design means that the bike doesn’t have any joints or glue, which its creators say give it 61 times the strength-to-weight ratio of steel.
Most gyms closed in the wake of the coronavirus pandemic, and even in areas where they have opened back up, many people are hesitant to go into crowded areas where multiple people share the same equipment. Perhaps that’s the driving force behind the popularity of the OYO NOVA gym, a full gym that users can have at home, at the office and when traveling. Currently, the product has raised over $4.7 million from over 26,000 backers.
The gym offers up to 40 pounds of resistance in each hand but weighs under three pounds and can fold up for on-the-go use. Its mechanics are based on resistance technology, allowing users to hit the gym without the bulk of traditional weights.
As more people begin to adapt a minimalist lifestyle, one area that can still be pared down is the wallet. Most of us walk around with a stack of credit, debit and gift cards jammed together, but the Fuze Card aims to quell that issue, holding data from up to 30 cards in just one slim card. Its founders have raised over $2.6 million for the card, which is battery-powered.
The card is location enabled, so if you misplace it, you can track it. In addition, it comes with a portable charger and is Bluetooth-connected to your phone so you can operate the card from the accompanying app. You’ll set a passcode on it so no one can compromise the card itself, and you can add more cards to it at any time.
Ingenuity comes to the kitchen with ChopBox, a smart cutting board that has such features as knife storage, UVC light sanitization, a digital scale and a timer all in one. The board's founders have raised over $2.1 million from more than 15,000 backers, and the product can even sharpen knives thanks to the integration of diamond and ceramic stone panels that are built into the design.
The cutting board features a quick-charging battery that provides users with up to 30 days of use, and the entire board is completely waterproof for up to three feet of depth. It’s made of natural bamboo and all of the parts are replaceable.
Tasnim Ahmed is a content writer at Escalon Business Services who enjoys writing on a multitude of subjects that include finops, peopleops, risk management, entrepreneurship, VC and startup culture. Based in Delhi NCR, she previously contributed to ANI, Qatar Tribune, Marhaba, Havas Worldwide, and curated content for top-notch brands in the PR sphere. On weekends, she loves to explore the city on a motorcycle and binge watch new OTT releases with a plateful of piping hot dumplings!
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