Crowdfunding for satellite development: ESTCube-2 case
| Autor: | Katrina Kalnina, Kadri Bussov, Hendrik Ehrpais, Triin Teppo, Silvia-Kristiin Kask, Merili Jauk, Andris Slavinskis, Jouni Envall |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
010504 meteorology & atmospheric sciences
biology business.industry 05 social sciences Launched Euros Public relations biology.organism_classification 01 natural sciences Pledge Political science 0502 economics and business The Internet business 050203 business & management 0105 earth and related environmental sciences |
| Zdroj: | 2018 IEEE Aerospace Conference. |
| DOI: | 10.1109/aero.2018.8396722 |
| Popis: | Here we present a successful crowdfunding campaign, which raised more than €38.7k (≈$45.8k) for ESTCube-2 satellite development. Crowdfunding is the practice of funding a project or venture by raising money from a large number of people who each contribute a relatively small amount, typically via the internet. ESTCube-2 is a three-unit CubeSat which will tests technologies for future interplanetary nanospacecraft missions. The campaign was launched on March 13, 2017 with the goal to fundraise €30k. Within the first day, the campaign raised €6.1k. Over a week before the end of the extended campaign, the project was still missing thousands of euros that were successfully collected and even exceeded expectations following by networking at a startup conference in Tallinn — Latitude59. More than 500 backers supported the campaign, contributing from €1 to €3k during a 2.5-month period. Pledges of €100 and more made half of the total amount collected while around a half of all backers chose to pledge between €10 and €50. This paper goes behind the scenes of preparing and running the campaign. We present a list of specific activities and corresponding weekly donations, as well as the final sprint which raised €8k over the goal. We discuss the fulfilment of commitments and lessons learned. Campaign's website: https://goo.gl/GK1KXA |
| Databáze: | OpenAIRE |
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