Leading the life of a freelance writer can be disillusioning and even disheartening as they compromise their own dreams to focus on projects that further the success of someone or something else; Beacon is a solution to that problem. Essentially, Beacon is Kickstarter for writers. A writer posts their passion project on Beacon so as to gain crowd-sourced funding.
Essentially, Beacon allows these freelance journalists the opportunity to earn a salary while exploring topics that the funders themselves are interested in following and learning more about. Instead of one lump-sum donation, however, Beacon encourages each person to fund writers a minimum $5 a month until their project is completed. This allows them the time needed to collect as much data and information as possible.
Crowdfunding Writer Project Websites
Beacon is Kickstarter for Writers Working on Passion Projects
Trend Themes
1. Freelance Writer Crowdfunding - Disruptive innovation opportunity: Create a platform that connects freelance writers with crowdfunding opportunities for their passion projects.
2. Passion Project Funding - Disruptive innovation opportunity: Develop a crowdfunding platform specifically designed for individuals to fund passion projects of writers.
3. Subscription-based Support - Disruptive innovation opportunity: Build a subscription-based model that allows supporters to contribute a minimum monthly amount towards a writer's project until completion.
Industry Implications
1. Crowdfunding - Disruptive innovation opportunity: Introduce new crowdfunding platforms and services tailored to the needs of freelance writers and their passion projects.
2. Freelance Writing - Disruptive innovation opportunity: Develop specialized platforms and tools that empower freelance writers to fund their passion projects and connect with interested audiences.
3. Platform as a Service (paas) - Disruptive innovation opportunity: Create PaaS solutions that enable writers to efficiently manage their crowdfunding campaigns and engage with supporters throughout the project lifecycle.