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Wednesday, 20. November 2013

Crowdfunding A Boost To Businesses, Investors
By richardsobers906, 14:27

Oculus Rift Powered Horror Title Alone Fails to Reach Crowdfunding Goal

Scott Walkers signature. Chris Miller, economic development director for the city of Adrian, came up with the idea. Miller says that under the crowdfunding regulations, any residents in the state can invest in a company. But he says it is meant for local people to help finance local businesses. Youre supposed to invest in what you know, Miller says. But it has been virtually impossible to invest in your local community until this bill. He says the bill is written broadly enough to tailor individual projects to specific businesses. There will be some (business) successes and some failures but it will be the market determining that and not some federal regulator, Miller says.

Detroit News PhotoStore Developers Dan Wallace and Bryan Cohen are currently evaluating whether to continue working on Alone on their free time or whether a second Kickstarter campaign can be more successful if it is launched after the Oculus Rift virtual reality googles are available. The team is also considering abandoning Alone altogether in order to create The Witching Hour, the game within a game.

Startups and real-time crowdfunding meet in Helsinki

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