Antrocket.com: 'Kickstarter Of Puerto Rico' Launches First Crowdfunding Site
Puerto Rico's first crowdfunding website, Antrocket.com, is in business, giving the U.S. territory's own entrepreneurs an alternative venue to raise money for their projects. The site is locally built by a group that saw potential in creating an answer to Kickstarter and Indiegogo and they have an ambitious agenda — the mantra is "Redesign Society."
"We want to redesign society with Antrocket by promoting collaboration, accountability and transparency," said Javier Torres, co-founder of Antrocket.com. "We figure that, if we act more like ants do — ants are social, cooperative and hardworking — we'll all be better off, since more creative projects will have a greater chance at success."
Antrocket.com is a rewards-based crowdfunding site that acts as a funnel for inventions that need capital but have not found it in the traditional financial system. It gives creators an alternative source of cash to fund projects through a network of supporters. Projects that reach their funding goals on or before a pre-determined time receive the funding they need. Antrocket collects a 5 percent fee.
"As an entrepreneur, I've faced the frustration of not finding financing for my projects," said Guifre Tort, site co-founder and co-creator of 3-Boo, one of the projects featured in Antrocket.com. "With Antrocket.com, I'm turning frustration into action because, by creating a collective solution to help others achieve their goals, I will push my own projects forward. That is the philosophy that drives our team."
The crowdfunding model also gives creators access to a place where they can market and test their ideas for free. Just how different, technology-speaking, Antrocket.com is compared to sites as Kickstarter and Indiegogo isn't quite known. Among the projects currently seeking funding on Antrocket.com for funding are The Platano Kit, a high-design Puerto Rican souvenir; 3Boo vegigante dolls, a series of three dolls inspired by local traditions; Thunder, a documentary about 13-time world Muay Thai champion David Cummings; Defend the Fawkin Station, a touch-based, sci-fi shooting game for mobile devices and tablets, and Judo athlete Adrian Gandia 's bid to become an Olympic gold medalist.
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