August 20, 2013 | Andrew Simpson
Gumstix is very excited to announce that everyone in the Geppetto community can now create community campaigns for their designs! As many of you know, crowdfunding is the same model of project funding that has been made popular by sites like Kickstarter and Indiegogo. The ability to create campaigns is built directly into Geppetto and our online store.
Users can now take their custom Geppetto designs and run a campaign to see if anyone else in the community is also interested in their design by pledging. The creator of a board sets the number of days a campaign will run for, as well as the number of boards needed for the campaign to be successful. If participants pledge enough boards before the campaign is over, each user pays their proportional share of the Geppetto setup fee (currently $1,999) as well as the cost for each board they order (this varies, but it’s usually close to $50). Another great feature is that, as part of the launch, if more than a certain number of participants join a campaign (right now it’s 50, but this may change in the future) and it’s successful, Gumstix will waive the manufacturing fees altogether, meaning each participant only pays for the boards they order, no setup fee.
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