You'd be amazed by the creative and unique products that have been produced thanks to crowdfunding in the last few years. Since crowdfunding first became popular in the early 2000s, more than $5 billion has been raised for the development of new products.
So let's take a look at some of the most amazing, creative products created thanks to the help of people like you and me:
Phil Bosua was the man behind this ingenious product: an LED light bulb with Wi-Fi connectivity. The color of the LED light can be changed using a simple smart phone app, allowing users total control over the mood and lighting in their room.
More than 9,000 people backed this product, with over $1.3 million raised via Kickstarter to get this product on the market!
2. Radiate Athletics
Want to see the "future of sports apparel" as founder Kenny Crockett calls it? The shirt features:
- Color change technology that allows you to see your personal heat signature
- Heat management technology that pulls heat away from your body to keep you cool
- Moisture wicking textiles to keep you dry
- Soil-resistant, anti-microbial fabric to keep your clothes clean and fresh-smelling
It's an eco-friendly product made in the U.S.A., so it comes as no surprise that it found funding easily. Nearly $580,000 was raised on Kickstarter, receiving its final funding by April of 2013.
Don't you wish some of the things around your home were a bit smarter? Doors should close behind you, windows should open when it's hot, and your watering system should shut off when it rains.
That's the premise behind the SmartThings, which was officially funded by September 2012 - receiving more than $1.2 million in funding. Once the app is developed and installed, users will have a fully automated home controlled via their smart phone!
Sick and tired of losing your cell phone, car keys, and other important items? The 12,000+ people that funded this product certainly were, which is why it raised over $930,000 in just two months.
Essentially, it's a Bluetooth sticker that you can place on anything you want to track, and use your smart phone, tablet, and even computer to locate whatever you're missing. The year-long battery allows you to find anything at a range of up to 100 feet. Talk about convenient!
Imagine walking into your living room late at night, but you can see where you're going thanks to the potted plants you have around your home. The Glowing Plants project started by Antony Evans of San Francisco aims to create glowing plants, with the end goal of discovering natural lighting sources.
The Kickstarter project raised nearly $485,000 in funding by June 2013. Let's see how many years it takes to develop plant night lights for everyone!
6. Key Smart
You'd think something so simple would have been invented before, but the fact that this Kickstarter product raised nearly $330,000 by June of 2013 means that it's a product everyone wants!
The design of the key-carrying device is unique, and allows you to carry more keys while using less pocket space. It's made to fit nearly any key, and credit cards, USB drives, and even garage door openers can be added to it. It's ingenious in its simplicity.
Have you ever had any experience with crowdfunding projects? Please comment below…