WADIZ is South Korea’s answer to Kickstarter and Indiegogo. Launched in 2012, WADIZ is the largest crowdfunding platform for entrepreneurs and startups in South Korea with a 87% domestic market share. Since their establishment in 2012 WADIZ has generated around USD 1.8 billion in revenue and in 2019 alone saw 10,000 product launches.
As the fifth largest e-commerce nation, the trend is picking up and it is a matter of time that this form of pre-order shopping becomes a new norm for the Korean millennials. WADIZ is not just a crowdfunding platform but the place for new products to test the market and get valuable feedback. Naturally, it is also a perfect place for large corporations to find great products to invest in.