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WHAT IS GAMIFICATION IN CROWDFUNDING

Gamification in crowdfunding transforms investment by adding game elements. Learn to apply playful strategies to attract investors and energize your campaign.

Definition of Gamification


In a world where even cats have more followers on Instagram than you, gamification has taken over crowdfunding. But what does this term mean? Basically, gamification involves using typical game elements in non-gaming contexts to motivate participation. Imagine a PowerUp in Super Mario, but applied to the art of fundraising.


Main Elements of Gamification


  1. Points: Assigning points for each action taken. What was once a simple donation now comes with a scoring system.
  2. Badges: Digital recognitions for reaching goals. Kind of like a Scout badge, but for serious investors.
  3. Levels: The more you donate, the higher your levels and privileges are.
  4. Leaderboard: A way to create competition by showing the rankings of the most generous donors.

The Impact of Gamification


Gamification creates a competitive environment that hooks users just like the latest episode of a Netflix series. By implementing game mechanics, crowdfunding campaigns have seen a noticeable increase in interaction and engagement from investors.


For example, platforms like Kickstarter have started experimenting with gamified reward systems. This not only enhances the user experience but also encourages continued participation. After all, who doesn't want to be the king of the leaderboard?

Examples of Successful Use


While we talk about gamification, you might wonder which crowdfunding campaigns have used it to win as if they were Apple launching their latest iPhone. Let's look at some examples where this strategy has been the ace up the sleeve.


Case 1: Pebble Time


Pebble Time used gamification like a flying kick. It reached its goal within minutes by integrating rewards based on contribution levels, creating an almost instant addiction among followers. They offered everything from exclusive product updates to personalized experiences, exponentially increasing enthusiasm (and investment).


Case 2: Oculus Rift


Oculus Rift is another example where gamification was the trick from the hat. With activities where investors were rewarded for sharing the campaign or for their level of commitment, Oculus not only funded its project but also built a fervent community that seemed more like an army of fans.


These campaigns not only achieved their funding goals but also left a mark on how new products capture their initial audiences. That's how you see a couple of marketing geniuses turn a simple crowdfunding into a 21st-century Dynasty Warriors.

Crowdfunding

Crowdfunding

Benefits for Campaigns


Adopting gamification in a crowdfunding campaign might seem as risky as predicting market movements, but it brings a series of benefits that could change the game.


Increase in Engagement


Adding gamification to a campaign is like adding spice to guacamole: it enhances its appeal. Investors who interact more with the campaign tend to be more loyal and actively participate in the achievements presented.


Community Growth


Gamification has the potential to turn simple donors into a solid community. Just like a good video game generates a base of devoted fans, a gamified campaign creates brand ambassadors who help spread the message and attract more audience.


Remember what Einstein said: "Play is the highest form of research." By applying this maxim to your campaign, the results could surprise even the most skeptical investors.


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