Wadiz Heating Appliance Funding Supporters Up 50% YoY

Supporter participation totaled approximately 118,000 in September and October.

Wadiz said on November 3 that the number of supporters participating in its heating appliance funding projects in September and October this year increased by about 50% from the same period last year.

According to Wadiz, supporter participation in heating appliance projects during that period, including funding and pre-launch notification sign-ups, totaled approximately 118,000. Pre-launch notification sign-ups increased by about 60% from the same period last year.

Wadiz said on the 3rd that supporter participation in heating appliance crowdfunding projects rose by about 50% in September and October this year compared with the same period last year. Wadiz

More makers are also introducing new products ahead of the peak season. The number of heating appliance projects that began funding in September more than doubled from the same month last year.

Heo Jieun, COO (Chief Operating Officer) of Wadiz, said, "Products that solve small everyday inconveniences are winning over customers ahead of the peak season and going on to raise hundreds of millions of won in funding. We will support makers' efforts, from market validation to customer acquisition, so their new ideas can earn customers' support and lead to greater growth."

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