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Crowdfunding platform Zoop to launch crowdfund campaign with ownership stakes in the company as perks

Zoop isn't only a crowdfunding platfom itself, it's also a client of crowdfunding platforms!

News by Chris Arrant, Editor-in-Chief

Published on Thu Mar 07 2024

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Crowdfunding has become an integral part of publishing - from comics to games, journalism, and more. While Kickstarter remains the flagship of this 21st-century method of a project raising capital and taking pre-orders before they commit to the massive funds to create the actual project, others have also stepped up offering different flavors of crowdfunding. And now one of those well-known in the comics sphere is brandishing crowdfunding - not just as a service they're providing us, but as something they themselves are using for the future of the business.

The crowdfunding platform Zoop is about to begin crowdfunding for the business itself, and offering a potential stake in the business for those that contribute money.

"My company, Zoop will be launching a Reg CF Equity Crowdfunding campaign on Republic in the very near future!" wrote Zoop co-founder/CEO Jordan Plosky on social media earlier this week."

'Reg CF Equity Crowdfunding' (also known as Regulation Crowdfunding) is a way for companies to, according to the SEC, "to offer and sell securities through crowdfunding." In this case, Zoop will be selling equity securities - the financial term for instruments by which the owner of said equity securities receives partial ownership rights to the company.

Zoop's major backer since its inception in 2001 has been Draper Goren, a self-described 'blockchain venture studio' that is part of prominent venture capitalist Tim Draper's Draper Venture Network. But as Plosky puts it, Zoop is "looking to add more investors of all kinds through this campaign."

According to Plosky, over 400 individuals have already signed up to take part in this crowdfunding campaign for a stake in the crowdfunding platform.

Plosky says that "Legally, I can’t share information about the offering before we launch," however more information should be coming once the crowdfunding campaign for Zoop goes live.

Plosky encourages those who are interested in this to "sign up at t.zoop.gg/own-a-piece-j to be notified when it goes live and be amongst the first to support!".

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Chris Arrant: Chris Arrant is the Popverse's Editor-in-Chief. He has written about pop culture for USA Today, Life, Entertainment Weekly, Publisher's Weekly, Marvel, Newsarama, CBR, and more. He has acted as a judge for the Will Eisner Comic Industry Awards, the Harvey Awards, and the Stan Lee Awards. (He/him)