Have you helped kickstart a new invention, idea or even a business? Kickstarter, the largest funding platform for creative projects in the world, has helped individuals do just that, and has raised over $75 million for more than 10,000 project. Kickstarter, in just over two years, has allowed artists, filmmakers, writers, musicians, designers and future entrepreneurs to reach their dream by what has been dubbed “crowd-funding”. The New York Times recently wrote an article on this new phenomenon and refers to Kickstarter as “A new form of commerce and patronage. This is not about investment or lending. Project creators keep 100% ownership and control over their work.”
One of the best parts about funding though Kickstarter is its all or nothing mentality. If a project on Kickstarter doesn’t reach its funding goal before the time runs out then no money exchanges hands. Kickstarter says “This way, no one is expected to develop a project with an insufficient budget.”
To learn more about Kickstarter visit www.kickstarter.com.
What is your favorite project currently on Kickstarter?