Kickstarter is all the rage these days, with products, albums, art, and more getting funded through donations on the site. So perhaps it was only a matter of time until the model came to social gatherings. Now thanks to Zokos, you can apply the logic of crowdfunding to your next party.
Here’s how it works, according to Zokos’ site: you create an event, set a minimum number of guests, invite people, set a “chip in price,” and then if at noon the day before the event enough people have chipped in, “the party is on.”
I almost can’t believe I’m saying this, but Zokos solves multiple real problems. First, everyone’s thrown a party and passed around for money, only to come up way short. That’s fine to the extent that host duties rotate, but we all know that’s not how it works. Second, everyone has seen how poorly Facebook RSVPs equate with reality. I respond Maybe on most everything; lots of other people say they’re coming then never show. Zokos pushes you to commit more firmly one way or the other by putting a little money on the line.
But will party goers and throwers actually embrace this model? Hard to know. It seems a little transactional for the intimate dinner party, and a bit too formal to really work for a big party.
And what’s next? Well, now that equity crowdfunding is legal, if you’re planning a fundraiser could I buy a stake? And when will we see Groupon-esque integration? Save 40% on Jimmy D’s next kegger. Parties will never be the same.