Reddit Tries Its Hand At Crowd Funding, Harnessing Its Massive Audience With ‘Redditmade’
Whether you love it or hate it, Reddit has a large audience that continues to keep the popular networking and sharing service growing to the point where it can give away 10 percent of its ad revenue to charity and purchase an app start-up developer. But now Reddit is relying on its audience to help jumpstart its own crowd funding site called Redditmade.
“Redditmade is a new place to turn the best designs and products by the community into reality,” reads an official post on Reddit. “Redditmade gives you the flexibility to create almost anything you want, easily raise money, and support causes you care about. It’s also a great way for others to find awesome new products they’ll love and support other redditors while knowing their information and money will always be secure.”
Aside from allowing its users to create anything they want, Redditmade was also designed to give moderators of subreddits a way to easily create official subreddit merchandise for their communities. With that in mind, official subreddit projects will be set aside and be categorized as feature campaigns and given the spotlight.
Redditors will also have the option to donate any profits made from selling their products to any organization, event, charity, or individual to help raise funds for various causes.
There are already active Redditmate campaigns which includes Reddit lapel pins, a plethora of t-shirts, reddit secret santa sticker packs, and even a pair of headphones.
“Redditmade is a new place to turn the best designs and products by the community into reality,” reads an official post on Reddit. “Redditmade gives you the flexibility to create almost anything you want, easily raise money, and support causes you care about. It’s also a great way for others to find awesome new products they’ll love and support other redditors while knowing their information and money will always be secure.”
Aside from allowing its users to create anything they want, Redditmade was also designed to give moderators of subreddits a way to easily create official subreddit merchandise for their communities. With that in mind, official subreddit projects will be set aside and be categorized as feature campaigns and given the spotlight.
Redditors will also have the option to donate any profits made from selling their products to any organization, event, charity, or individual to help raise funds for various causes.
There are already active Redditmate campaigns which includes Reddit lapel pins, a plethora of t-shirts, reddit secret santa sticker packs, and even a pair of headphones.
