Indiegogo rakes in major cash for sex toy innovations.
As technology advances, so must the sex toy innovations fueled by that technology. But who’s funding these innovations? Believe it or not, your very own adult store customers. The fact that venture capitalists and investors get queasy at the prospect of backing a, well, “adult” proposal is nothing new. But sex toys such as the Ambrosia Vibe and the Autoblow 2 raising over $100,000 via Indiegogo (see: everyday ordinary people pitching in their own dimes and nickels) is.
“Crowdfunding allows sex toy developers to get the money they need to go into production by connecting with the very audience who benefits from their work,” says Lux Alptraum, a sex writer who consulted on the Ambrosia Vibe.
Talk about an industry that is truly backed by its consumers.
For more information, please visit http://www.salon.com/2014/06/17/from_app_controlled_vibrators_to_bionic_strap_ons_the_crowd_funded_sex_toy_revolution/