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appbackr: Funding iPhone App Developers

October 21st, 2010

Let’s be realistic. An awful lot of people can pick-up a book on iPhone app development and throw together an app. They may even go for gold and submit it to the App Store. Like all marketplaces, however, listing a product does not guarantee it will sell any copies. Not even one.

appbackr lets developers gather funding from supporters before investing the effort into creating and listing an app. Once the app is listed, all investors share in the profits.

Appbackr helps eliminate much of the risk developers face. First, for some, it helps alleviateĀ the process of finding funding. The service gathers an audience of people who understand the iPhone app industry and can spot great ideas easier than those who may not have the background. Additionally, backers have an incentive to drive promotions for the app. The better the app performs in the store, the more money they can potentially earn. Suddenly, promotional tactics are not just limited to the developer’s efforts. Investors have the motivation to launch a word-of-mouth campaign.

Just like any modern fundraising website, developers have to submit an application prior to listing their app on the site. Visit appbackr if searching for a way to build an iPhone app while mitigating risks.

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