Crowdfunding, as a matter of fact is a widely accepted phenomena. However, crowdfunding a book is a rare one. One of the famous instances of crowdfunding a book was by Seth Godwin in the year 2012 for his book ‘The Icarus Deception.’ The crowdfunding proceeded through KickStarter.com, and attained wide popularity resulting to a pre-release loyal fan base and a collection of nearly 200 thousand USD in a duration of 30 days. This was a glimpse of perks arising out of the field of crowdfunding a book. This glimpse also reveals the power of crowdfunding a book.
Crowdfunding: Basic ingredients
Crowdfunding including crowdfunding a book is a puzzle which is incomplete in lack of any of the following piece
- The initiator: Crowdfunding needs a creator. In case of crowdfunding books, it has to be author of the book or any person he choose on his behalf. The incoming funds are directed to this person.
- The money bank: Money bank in case of crowdfunding is not one source, but a mass of people interested in the project. For crowdfunding books, they like the concept of the book and are interested in funding it.
- The mediator: The mediator is something that bridges the above two and facilitates smooth communication in between them. While crowdfunding a book, online crowdfunding platforms like MyEfunder and KickStarter could be the mediator.
Why go for crowdfunding a book?
Crowdfunding a book is not all about money, it might be called a success if it is able to generate rows of supporters who are looking forward to get a copy of the book when it is published. The concept of crowdfunding a book can impact hard into the minds of audiences and reach as far and wide as we can think. Let us explore the reasons to opt for crowdfunding a book.
- Gather Public support: Crowdfunding books can help you find biggest followers of your work, which gives the author satisfaction. There is support and sharing which encourages the author and gives a mental satisfaction for acceptance of their work. And as it is well known that any encouragement is good encouragement, therefore this stuff could morally boosts the author like never before.
- Passing the first level: Crowdfunding a book has the power to validate your writing. It gives you a sense of the popularity which you could gain in the field of writing and finally helps you decide whether going for it is worth your time and hard work or not.
- Instils enthusiasm in the masses: While the process of crowd funding a book is in progress, eager masses which support the book wait with zeal for the book to get released. This is one reason, everyone must go for crowdfunding a book even if they do not require financial back-up.
- Authenticates the self-published work: A major back-up from the audience not only gives acceptance to your work but also shows you the way to self-publish your book. Crowdfunding books successfully leads you in a favourable situation where for publishing your book you does not need to go door to door. You could do it very much by yourself.
Crowdfunding a book is what every author must give some space.
