Crowdfounding in China

[marina-bonomi.livejournal.com]

An interesting article about the Chinese approach to crowdfounded writing.
http://www.guardian.co.uk/books/booksblog/2011/nov/04/china-future-publishing

Comments

Wow!

[ysabetwordsmith.livejournal.com]

Thank you SO much for sharing this. I'm keenly interested in crowdfunding news from different countries.

I have seen some authors here posting serials on a pay-per-installment basis. You do need a good fan base to make that work, but in some situations it works REALLY well.

Re: Wow!

[marina-bonomi.livejournal.com]

My pleasure!
A good point, in my opinion is that they seem to have pay-per-instalment 'gallery' sites, in my opinion it has better potential than each author doing it on her/his own.

Re: Wow!

[ysabetwordsmith.livejournal.com]

Yes, gallery sites are crucial. It's much easier for creators and fans to find each other when they're collected in a convenient place.

For several years now, I've been wanting to established a crowdfunding hub site that would be open to all types of project. So far, they're all either single-project sites, or funding-only sites that don't actually include projects. Other folks have expressed interest, but the funding hasn't come together yet. Maybe someday.