Crowdtilt has launched a new open source crowdfunding solution called CrowdtiltOpen, which will allow anyone to utilize crowdfunding to raise funds for any purpose through their own website.
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The list of features is pretty impressive, CrowdtiltOpen has even integrated the ability to accept bitcoin payments. They also offer recurring billing, analytics, and a number of customization options.
The solution allows registered non-profits the opportunity to create tax-deductible receipts for donations. It also allows entrepreneurs the ability to turn a crowdfunding page into an e-commerce landing page after they have reached their financial goal.
CrowdtiltOpen is open source, giving users flexibility to create and integrate any additional features they may want. CrowdtiltOpen is also working with other companies to offer premium services. For example, they are working with BackerKit to create a customer relationship management system to extend to users.
According to James Beshara, CEO of Crowdtilt
“Crowdtilt exists because of the open source tools that we’ve been able to make use of, this is our way to give back to the open source community…It will produce wildly more interesting results by giving it away for free than if we tried to monetize this thing.”
In addition to open source tools, supporting Bitcoin was a central goal in developing this new solution. Crowdtilt believes including bitcoin support will make international crowdfunding easier.
Beshara states
“Crowdtilt loves bitcoin – and that’s not just plastic bullshit corporate sponsorship of something that has become trendy….As developers, we’ve been big fans of Bitcoin for a long time.”
Bashara also believes allowing users to run campaigns on their own websites will open the opportunity up to larger businesses., saying:
“Nike wouldn’t use Kickstarter or Crowdtilt or Indiegogo, but it definitely would host a crowdfunding campaign on its own domain”
