Crowdfunding Feasibility Studies

Like most entrepreneurs I have a dream to make a difference in this world before exiting in human form. Whenever I consider launching a new project, whether it be a service or product, I conduct a feasibility study. Depending on the subject matter, feasibility studies can take a while to produce. Depending on the amount of research required, studies can also get quite costly. This morning I woke up wondering if it were possible to successfully crowd fund a feasibility study. A quick search on Kickstarter revealed only one successfully crowdfunding project to date. Ironically, the search also revealed an unsuccessful campaign for a feasibility study  of particular interest to me. When I turned to Google to search the topic, the results led me to a successfully funded Indiegogo campaign for a feasibility study on cleaning up the ocean. When comparing the two successful campaigns, I could quickly see why the one for CAMP was unsuccessful – too long a video, with too much information shared up front. Clearly there is room for funding feasibility studies and other research via crowdfunding and the market has been addressed only minimally.