Crowdfunding Prediction

USE CASES

Crowdfunding Project Prediction

In recent years, online crowdfunding has become increasingly popular to provide the capital to get a company or project off the ground. According to the Valuates Report website, the global Crowdfunding market size is projected to reach $ 25.8 Billion by 2026.

With NEMESIS’s advanced analytic technologies, the future performance of the crowdfunding projects is predictable, and the relationship between features of a crowdfunding project and the amount of the raised fund can be deciphered.

USE CASES

Crowdfunding Project Prediction

In recent years, online crowdfunding has become increasingly popular to provide the capital to get a company or project off the ground. According to the Valuates Report website, the global Crowdfunding market size is projected to reach $ 25.8 Billion by 2026.

With NEMESIS’s advanced analytic technologies, the future performance of the crowdfunding projects is predictable, and the relationship between features of a crowdfunding project and the amount of the raised fund can be deciphered.

Seize the Opportunities of Crowdfunding Prediction

Seize the Opportunities of Crowdfunding Prediction

Approach

NEMESIS provides actionable insights through easy but powerful data modeling, customizable dashboards, and immediate actions with the case management system.

With NEMESIS, you can:

  • Describe and analyze a large volume of data with a simple click, cleaning the data for better insights.
  • Predict the success rate of the crowdfunding project with a rich model library in a drag-and-drop environment to get the most accurate result.

Analysis & Results

The predictive model created by NEMESIS can help the crowdfunding platform to decide whether a new crowdfunding project is approved to be hosted on its platform. It reduces the burden related to the identification of projects which require special assistance and saves a large amount of manual effort to screen the project. The customized dashboard on NEMESIS indicated that the gaming industry, design industry, and the technology industry attracted the most funds in terms of the total raised funds, with amounts around $739, $728, and $681 million, respectively. However, a vast majority of the fund seekers came from the film & videos industry (62.4 thousand campaigns) and the music industry (49.2 thousand campaigns).

Investors can decide whether to invest in a specific crowdfunding project by considering several factors.

Investors can conclude that projects with main categories in Dance, Theater, and Music tended to be successful with a higher probability of success.

They also concluded that the Residencies subcategory within Dance as the main category had the highest success rate (72%).

In addition, investors can clearly be shown that the origin of the project, such as Hong Kong and the United States had the highest success rate (both were 37%).

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