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Pozible announces private crowd funding

A new service has come to crowd-funding site Pozible, allowing you to select exactly who you want to be able to see a campaign.

A new service has come to crowd-funding site Pozible, allowing you to select exactly who you want to be able to see a campaign.

(Credit: Pozible)

You might be wondering what could possibly be the good of that? As it turns out, plenty.

The new "Private" mode isn't really designed for crowd funding start-ups necessarily. As the platform points out, there are plenty of instances when you might want to raise funds privately — when you're buying a surprise gift or planning a surprise party, for instance.

It could also be used for targeting a certain demographic if your funding goal is relatively small.

To this end, there are two tiers of the private mode: link only and link plus password. With link only mode, a person has to go through the direct link in order to access the campaign — the campaign cannot be searched from the main page. Link plus password is the ultimate lockdown; the funder has to have the URL, where they then need to enter a password provided by the campaign organiser.

It's pretty easy to set up; when you're creating the campaign, you just have to select the Campaign Type from the available checkboxes. All other Project Guidelines still apply.

The crowd funding platform has also announced that it will no longer be supporting three-month campaigns. Instead, the longest a campaign can remain open is 60 days.