Kickstarter: Difference between revisions

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url = http://Kickstarter.com
 
 
'''= people pledge money for projects to happen. If the money is raised, the project happens, and the people who pledge get what they've been promised.'''
 
URL  = http://Kickstarter.com




=Description=
=Description=


One good idea deserves another, and Kickstarter is one of those great ideas that deserves all the great ideas it's getting. Launched in April of this year, Kickstarter's premise is simple: people pledge money for projects to happen. If the money is raised, the project happens, and the people who pledge get what they've been promised.
"Kickstarter lets donors fund art shows, movies, short films, dance, graphic novels and theatre productions. It helped Diaspora, an open-source social-networking project, raise $200,000 during the recent controversy over Facebook’s privacy policies. IndieGogo supports filmmakers, writers and game designers. Some sites specialise: Sellaband helps bands raise money to fund professional recording of albums, and Spot.us raises money for journalistic projects.
 
Yancey Strickler, Kickstarter’s chief community officer, says the firm accepts about half the projects submitted to it. “We turn down projects that are charity, that are just straight business expenses, or ‘my dog has cancer’,” he says. Of those that are accepted, about half meet their funding goals: around 1,600 projects had been funded by July 2010.


This 'micropatronage' model is familiar enough: civic theaters, symphonies and dance companies, and schools have been using it for decades to put on events or fund projects. What Kickstarter does is make it easy, and take away the risk: if a project doesn't reach its funding goal, no one is charged a dime.
[[Crowdfunding]] firms typically take a 5% commission and charge a 3-4% payment-processing fee."
(http://www.economist.com/node/16909869?story_id=16909869&CFID=149765222&CFTOKEN=41065834)


[[Category:Money]]  
[[Category:Money]]  


[[Category:Peerfunding]]
[[Category:Peerfunding]]

Revision as of 08:52, 24 August 2011


= people pledge money for projects to happen. If the money is raised, the project happens, and the people who pledge get what they've been promised.

URL = http://Kickstarter.com


Description

"Kickstarter lets donors fund art shows, movies, short films, dance, graphic novels and theatre productions. It helped Diaspora, an open-source social-networking project, raise $200,000 during the recent controversy over Facebook’s privacy policies. IndieGogo supports filmmakers, writers and game designers. Some sites specialise: Sellaband helps bands raise money to fund professional recording of albums, and Spot.us raises money for journalistic projects.

Yancey Strickler, Kickstarter’s chief community officer, says the firm accepts about half the projects submitted to it. “We turn down projects that are charity, that are just straight business expenses, or ‘my dog has cancer’,” he says. Of those that are accepted, about half meet their funding goals: around 1,600 projects had been funded by July 2010.

Crowdfunding firms typically take a 5% commission and charge a 3-4% payment-processing fee." (http://www.economist.com/node/16909869?story_id=16909869&CFID=149765222&CFTOKEN=41065834)