How to Raise $300,000 in 3 Days: Project Filippo Loreti on KickStarter

Have you hear about crowdfunding and how it works?

It is becoming more popular for innovative new startup entrepreneurs to look for funds through crowdfunding. Crowdfunding is a way of raising finance by asking a large number of people each for a small amount of money; normally in return for the products the new startup is going to produce. There are many ways to access to crowdfunding and one of the trending platform to reach out to people is via Kickstarter.

Kickstarter is an American public-benefit corporation based in Brooklyn, New York with the mission to bring creative projects to life. They have built a global crowdfunding platform focused on creativity and ideas. One of the project that caught my attention on Kickstarter is the world's most funded timepiece in crowdfunding history - Filippo Loreti, Italian designed luxury watches.
This innovative watch maker focuses on creating high quality, exclusive and great design watches without the expensive price tag. How do they do it? A video on Kickstarter helps to explain this.
https://www.kickstarter.com/projects/2050848594/redefining-italian-luxury-watches-filippo-loreti?ref=5zv9zl&utm_source=facebook&utm_medium=desktop&utm_campaign=KS&utm_content=MY_Watches-KS&utm_term=cb
The video illustrates how this possible and showcase their sophisticated watch making process.

As of today while I am writing on this blog, Filippo Loreti is getting the funds from people around the world. These people are known as 'backers' on Kickstarter, backing this project and in return for the limited edition watches as shown in the video.


There are many options that you can choose from to back this project as stated on the website.
See how much is the savings from the "future retail price" if I become a backer today:

Crowdfunding on Kickstarter and a project like Filippo Loreti sounds great but it is not without any perils. What say you?

Check out Kickstarter yourself: https://www.kickstarter.com/ 

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