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.
Key Themes Behind This Trend
- Freelance Writer Crowdfunding
- Disruptive innovation opportunity: Create a platform that connects freelance writers with crowdfunding opportunities for their passion projects.
- Passion Project Funding
- Disruptive innovation opportunity: Develop a crowdfunding platform specifically designed for individuals to fund passion projects of writers.
- 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.
Where This Applies
- Crowdfunding
- Disruptive innovation opportunity: Introduce new crowdfunding platforms and services tailored to the needs of freelance writers and their passion projects.
- Freelance Writing
- Disruptive innovation opportunity: Develop specialized platforms and tools that empower freelance writers to fund their passion projects and connect with interested audiences.
- 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.
