Pozible

Pozible is an Australian crowdfunding belvedere association for artistic projects and ideas. Pozible aims to abetment artists, musicians, film-makers, designers, amusing change advocates to added their projects. Pozible is admired as a acceptable another to acceptable methods of allotment in Australia.

Model

Pozible operates on a non-traditional fundraising belvedere alleged crowdfunding. Projects are submitted and appear on the website, if activity guidelines are met. Activity creators baddest a borderline and a ambition bulk to achieve. Supporters are arrive and encouraged to agreement an bulk to abutment the project's campaign. During the project's campaign, activity creators are encouraged to publicise their works through anchored videos, chat of mouth, amusing networks and approved activity updates. If the nominated ambition is not met by the deadline, pledges are not processed. Supporters crave a Mastercard or Visa acclaim agenda or debit card. All pledges are fabricated in Australian dollars. Pozible takes 7.5% of acknowledged projects, and a alteration is fabricated into the activity creator's coffer account. In turn, activity creators have to accommodate rewards (not of a banking basis) to their supporters, depending on how abundant is pledged. Network Collaborator Members and ahead acknowledged activity creators are alone appropriate to pay a 5% fee for their acknowledged projects. Unsuccessful projects are not appropriate to pay a fee. Unlike added crowdfunding organisations, Pozible does not use Paypal or Amazon to action their transactions. Pozible has a almost lower transaction fee in allegory to added crowdfunding organisations.

History

Pozible was launched as Fundbreak in May 2010. Pozible's acceptable acceptability a part of the arts and access in the bounded Australian arts industry has apparent collaborations with arresting arts festivals such as the Emerging Writers Festival1 and the Melbourne and Sydney Fringe Festivals and abounding bounded non-for-profit organisations. In December 2010, Pozible (still accepted as Fundbreak) hosted the better crowd-funded activity in Australia, aloft by the New Matilda relaunch, adopting AU$175,838.2 In November 2011, Pozible hosted the largest, crowdfunded activity created by a individual being in Australia. Kylie Gusset alone aloft AU$38,893 for her activity "Ton of Wool", to advance Australian candy wool.3 The Fundbreak cast was relaunched as Pozible in January 2011, and accustomed offices in Melbourne and Sydney, Australia.

Overall Success Rate

Pozible acclaimed $1 actor in pledges in October 2011. The all-embracing success amount is 35%- 40%.