Platform Review: Credibles

Summary: Credibles, a service offered by Slow Money, offers crowdfunding services to small, sustainable food-related businesses. The site offers a redemption service for prepaid crowd funding, donation tracking, and more.

Best Feature: When donors prepay their favorite business, they’re repaid with edible credits, or “Credibles,” which can be redeemed at the business. These credits, worth $1, serve as an incentive for fans and customers to participate. A customer who invested in a food-related business could, for instance, be paid back for their investment in ice cream. Credibles can be given as gifts and transferred for use at partnering businesses.

What To Consider: The service is currently limited to businesses in New York City and California, so businesses in other areas will have to wait before they’re able to use the service.

Ideal User: Credibles is ideal for professionals and business owners in the food and restaurant industry.

Cost: Credibles charges a small service fee when a supporter pays via the “pre-pay” option, though the site does not specify how much.

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