New Matter’s $249 MOD-t 3D Printer Reaches $500,000 on Indiegogo – Offers Chance to Get a FREE Printer

New Matter, launched their Indiegogo campaign last week, looking to raise $375,000. They were offering the cheapest 3D printer ever – priced at only $149 for the first 500 backers, $199 for the next 500, and $249 for the rest of us.

They reached their goal within no time, and today they surpased the $500,000 mark. In doing so, they have also announced their stretch goals, as well as a new referral contest. “We’ve had a great first week on Indiegogo, and are happy to announce two updates to our campaign: a referral contest and stretch goals,” explained New Matter Co-Founder and President Steve Schell.

New Matter appears to have high hopes, releasing some very lofty stretch goals, but ones which certainly can be reached. Stretch goals are a familiar aspect of crowdfunding campaigns. They are added features/benefits/incentives for a campaign, which if reached will provide backers with additional perks. These stretch goals kick in starting at $750,000, a goal that isn’t too far off, and go up as high as $1.5 million (see stretch goals below):

In addition to the announcement of their stretch goals, New Matter has introduced a referral contest. They will be giving away three prizes, all of which are a free MOD-t 3D printer (or $249 cash). The prizes will go to the top three referrers to their campaign page. All you have to do is login to your Indiegogo account, visit the MOD-t campaign page, and click the “share” links under the video.  These include options of sharing on Facebook, Twitter and Google+.  Anyone who follows your link and ends up contributing to the campaign will count towards your total referrals. The top three people at the end of the contest, with the most contributions from their referrals win. It’s as simple as that. The contest will run from June 2, 2014 at 12:00 PM Pacific Time (3 days ago), and end on July 2, 2014 at 11:59 PM, which coincides with the end of their crowdfunding campaign.  The best part about this, is that anyone can enter.  You don’t need to be a backer of the MOD-t in order to win one of the three 3D printers.

The MOD-t Indiegogo campaign will continue to run for another 27 days, and has the potential to bring in more crowdfunding funds than any 3D printer in history. It’s a printer that utilizes unique technology to make the print process both affordable and extremely reliable.  At only $249, the printer can be purchased for less than the price of a video game console.  This could have a major impact in schools, as well as homes of those people who would not have considered purchasing a 3D printer in the past.

Discuss these stretch goals, along with other topics concerning the MOD-t 3D printer in the MOD-t forum at 3DPB.com, where Co-founder Steve Schell and gang will be answering your questions.