Last week, the non-profit organization, The Lucie Foundation, unveiled their new crowd funding platform Fotofund. For those of you living under a rock and are that unfamiliar with the term, crowd funding is exactly what it sounds like, projects that are funded by the general population— the most famous of course being Kickstarter. Unlike Kickstarter, Fotofund is a photography-only crowd funding website, which offers the medium a better chance at reaching a global audience.
While it does offer elements that are similar to other crowd funding sources, this photography-only site does offer some distinct features. For instance, it offers two models for funding. First is the communally used way of only receiving the money if the goal is reached; on the other hand, the photographer can choose the option to receive the money no matter what. With that said, both options offer different “incentives or possibilities for each photographer.”
According to the Lucie Foundation, by tapping into “a global audience of both seasoned and emerging photographers, Fotofund will support a diverse roster of photography-based projects from the traditional and beyond. Tapping into the Lucie Foundation’s vast network of photographers and loyal advocates, eager photographers are already creating campaigns and backers are quickly taking notice“
Only a few days after the project was kickstarted officially, Fotofund is already supporting almost a dozen photography projects with remarkable topics conceptualized by photographers coming from diverse background. The Lucie Foundation has given hints of the early bird projects looking for public’s support “From Patricia Dinu’s personal quest to return to the American Southwest and “journey inside the soul of the landscape” to complete her “most important career project” – ‘The Desert of Souls’ to ‘The Forgotten Americans’, a series of portraits documenting the abandoned American children in the Philippines by EnricoDungca, and Delphine Diallo’s quest to publish her book of “visionary” ‘New York Portraits‘, Fotofund is already staged to be one of the most exciting, new photography crowdfunding websites available”
Anticipating strong support and participation from the many photography communities worldwide, the people behind Fotofund are incredibly optimistic about its future success. “The diversity of global talent already showcasing on Fotofund, and the exposure it offers, is truly worth celebrating,” says Hossein Farmani, Founder and Chairman of the Lucie Foundation. “Expect to see even more inspiring projects from today’s visionary minds as the site continues to build momentum. The possibilities are fantastically endless.”
For more information on Fotofund, please visit http://fotofund.org/
About the Lucie Foundation
“The Lucie Foundation’s mission is to honor master photographers, discover and cultivate emerging talent,and promote the appreciation of photography worldwide. In additional to Month of Photography Los Angeles (MOPLA), the foundation presents year-round programming to support high school students through SNAPSHOP!, emerging and professional photographers through the Lucie Scholarship Program and master photographers through The Lucie Awards. The Lucie Foundation is a 501(c)3 non-profit charitable foundation. www.luciefoundation.org“