Crowdfunding Poker
GamCrowd, a crowdfunding company specifically for gambling start-ups, has been launched by Chris North, the man behind London’s Fox Poker Club which he founded in 2010.
15x WSOP Bracelet winner Phil Hellmuth uses YouStake as a tool to engage with fans through staking. When Phil wins, you win! GoGetFunding is a crowdfunding website that lets you raise money for anything that matters to you. From personal causes and events to projects and more. We've helped people from all over the world raise millions online. By continuing to use GoGetFunding, you're agreeing to our Use of Cookies. Traditionally, players competing in events like eSports and live poker have let their friends and family back them by purchasing a 'stake' in the tournaments they entered. If the player they backed won, they'd earn a cut of the profits. This is known as “staking.” Historically, staking has been unofficial. When it comes to raising money, the word fundraising immediately comes to mind. There are many ways and strategies to do that such as organizing a poker night, talent show, or a concert for a cause. There’s a whole list of fundraising ideas that you could try out, but one of the most effective fundraising strategies is crowdfunding.
GamCrowd seeks to match investors, start-ups and industry expertise for the gambling industry, revolutionising the way that start-ups raise money in an era when early stage funding is becoming harder to source.
“The last start up I did struggled to register any interest from venture capitalists and so I went back to my own crowd,” said North.
“I didn’t know it was called crowdfunding at the time, but that is exactly what we did and it was a spectacular success”.
GamCrowd is backed by many of the investors that supported the Fox Poker Club and the crowdfunding platform will go live at the end of January.
Crowdfunding Portfolio
“Once we have a sufficient base of investors, start-ups and a crowd, we will begin putting people in touch with each other and allow investments to happen,” added North.
Crowdfunding Portal
Crowdfunding Poker App
“We intend to introduce investors with contacts and expertise to start-ups in the gambling industry across the world. As I have already learned, this will add tremendous value to the start-ups that are successful in being funded.'