I am very proud to announce that MOD Devices is launching its first crowd-investment campaign at Seedmatch.de as part of our 3rd fundraising round. Early-bird special conditions are available until Friday, November 1st, 12h (Central European Time).
It is an important step to a company that has its roots in Linux Audio. With the launch of the crowd investment campaign, MOD Devices broadens the reach of the business itself to a wider audience, enabling the community to also participate in the profits of the endeavour, diminishing thus the separation between users and company.
Numbers wise, minimum investments on a traditional fundraising scheme orbit around 25.000€. The crowd investment scheme drastically reduces this minimum amount to 250€, making it accessible to a greater number of private individuals.
Also, due to the nature of crowd based initiatives, there is a higher level of transparency and due-diligence involved which, just like open source software, is very healthy for all stakeholders.
Questions can be sent to us at [hidden email] or directly at the Seedmatch campaign page.