‘Edible’ credits let customers pre-pay for local food
We’re constantly looking for innovative ways to improve the Springwise experience, and so we’re now introducing BeeLine Reader, a new technology that helps you read more quickly and efficiently. To learn more about BeeLine Reader, an award-winning startup funded by Intel Capital, see BeeLineReader.com.
The success of crowdfunding is in large part down to the sense of involvement it inspires in its consumer/investors. We have seen platforms such as Watsi and Pursuit carve their own niche by tapping into the consumer's desire to help individuals. Now Credibles is empowering customers to invest in their own community by enabling local food businesses to sell store credit — called 'credibles'. The premise is simple: Customers set up a prepaid tab which they can then use instore, giving the business a small financial boost in the mean time. Much like other crowdfunding platforms, the businesses are receiving…
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