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This 'insane' Indiegogo crowd funding campaign looks to bail out Greece from its debt crisis

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Crowd funding is the new fad among startup enthusiasts, tech geeks and early entrepreneurs. From making new ice coolers, or just raising money to buy the new Apple Watch, Kickstarter and Indiegogo are filled with cool new projects that look to raise money to make an idea become a reality. The latest one however, has got Indiegogo  down and crashing, as a London resident Thom Feeney has started a campaign to bail out an entire country.  The ‘Greek Bailout Fund’ campaign is looking to raise $1.8 billion so that it can help get Greece out of recession.  And if you think this is madness, the campaign has garnered a phenomenal response, so much so, that the Indiegogo website went crashing down.

greece-bailout-fund-indiegogoEven though the campaign has so far managed to raise over $671,000, the amount of people participating in it is really what’s really overwhelming. The campaign has been backed by more than 40,000 people in three days so far, which is phenomenal for a bizarre campaign like this, with the donations continuing to pour in.

As mentioned above, Indiegogo tweeted today that they had momentarily crashed due to the overwhelming response on the Greek Bailout Fund campaign.

Feeney even revealed the regions from where the donations were pouring in heavily. Germans were giving the most money, while British people were the second most generous.

As is the norm on crowd funding sites, Feeney is giving away all things ‘Greek’ for these generous contributions. The website claims that €3 will get them a postcard from the Geek PM  Alexis Tsipras. €6 pledgers will receive a Greek feta and olive salad,  €10 pledgers get a small bottle of Ouzo, and €25 pledgers get a bottle of Greek wine.

Would you be helping out in bailing out Greece from its debt crisis?

  • Published Date: July 1, 2015 2:49 PM IST
  • Updated Date: July 1, 2015 2:53 PM IST