Since I have an interest
in Kickstarter projects (I've run a successful one in the past and will probably run others in the future) and Kickstarter has really taken off for video game projects in the past month, I thought I'd start this weekly column, The Kickstarter Video Game Report.
Earlier this year, Gollancz invested
in a Kickstarter project set up to fund development of a sequel to the classic 80s computer game Elite, offering # 13,500 in return for the rights to publish a series of three tie - in novels.
Funds acquired
in this Kickstarter project will pay for the manufacture of a working PCB that is compatible with the Nintendo 64.
tinyBuild raised over $ 26k
in the Kickstarter project, and got an additional offer of $ 20k funding from Buka Entertainment — the Russian publisher that would secure rights for the game in Russian - speaking countries, and get us access to Steam.
Not exact matches
Still, that's not a bad haul when you consider the overall weirdness of his campaign, combined with the fact that he lassoed funding for the bizarre
project back
in October 2009, only six months after
Kickstarter launched.
Recently, LeVar Burton raised more than $ 4.7 million
in pledged donations with more contributors than any other
project in Kickstarter's history to revive the PBS series «Reading Rainbow.»
You don't have to be courting VCs to notice the change
in mindset: According to Alicia Robb, a senior fellow at the Kauffman Foundation who analyzed more than 25,000
Kickstarter projects, female crowdfunders on the site are more likely to get fully funded than men.
Pebble instantly became the highest - profile
Kickstarter project since the website launched
in 2009.
Soon after the campaign was funded,
Kickstarter banned all future synthetic biology campaigns amidst blowback
in the media and worries among members of the scientific community that the Taxa
project would create a precedent for «the unsupervised release of GMOs,» according to the Verge.
To some extent launching a successful
Kickstarter project takes care of marketing and sales
in addition to generating cash for product development or investment
in growth initiatives.
The
project, which was funded on
Kickstarter, took about three years of research and development, but Roosegaarde was finally able to show off his massive machine
in September 2015
in Rotterdam.
Whether that's a
Kickstarter project you're trying to fund or a new app, the thinking is the same: how do you get, maintain, and multiply attention
in a scalable and efficient way?»
In little over a year, this toy went from a
Kickstarter project to a major hit this holiday season.
Related: How a First - Time Entrepreneur's
Kickstarter Project Landed on Toys «R» Us Shelves
in Less Than a Year
They launched Indiegogo
in 2008 (ahem, a year before
Kickstarter); users like that it's global and allows all
projects — and that there's an option to keep money raised even if they don't hit their goal.
Research shows that only a quarter of
Kickstarter pitches
in the technology and design categories were delivered on time, and even after an eight - month delay, 75 percent of
projects with reached goals then delivered.
«Ultimately, there does not seem to be a systematic problem associated with failure (or fraud) on
Kickstarter, and the vast majority of
projects do seem to deliver,» says Professor Ethan Mollick, who has a focus on innovation and entrepreneurship,
in Kickstarter's statement announcing the results of the research.
The most well - known type of crowdfunding is the
Kickstarter variety, where a
project leader requests a donation
in exchange for a reward, such as participating
in the
project or receiving a product.
«
Kickstarter helps make this
project happen
in two ways,» says Savage.
Whether you're looking to raise some funds or invest
in a
project, here are some things to know about platforms such as
Kickstarter and IndieGoGo.
I backed a
project on
Kickstarter in December 2012 and I still haven't received the product.
Both features are great
in that they provide aspiring designers and entrepreneurs with additional resources to get their
projects off the ground, but they also detract from the structure and accountability that makes
Kickstarter a relatively well - respected crowdfunding platform.
Born of a conversation among women engineers about how to grow their numbers, the toy went from
Kickstarter crowdfunding
project to the shelves of Toys «R» Us
in less than nine months.
By the end of their third campaign, after setting their target at $ 30,000, Knixwear had raised close to $ 2 million
in pre-sales for their new bra line, breaking the record for the most funded fashion
project in the entire history of
Kickstarter.
For the ones who have more tech - concentrated
projects, here is how you can leverage
Kickstarter in order to make your
project successful:
In addition, if you want to fund your
project, it's possible to turn to a website such as Indiegogo or
Kickstarter to raise money from family, friends, and strangers.
The Ohio
Kickstarter user managed to exceed his
Kickstarter project objective and obtained more than $ 55,000
in funds.
With more than 4,000 active
projects competing at any one time on
Kickstarter, these campaigns need to invest
in ways that help them look polished and get noticed.
Many of the
projects you see on
Kickstarter are
in earlier stages of development and are looking for a community to bring them to life.
Kickstarter's origins —
in music, art, and film, especially — have funded hundreds, if not thousands of laudable, engaging, and award - winning
projects.
Co-founder Yancey Strickler agrees that
Kickstarter «shares
in the risks,» and he's open to the idea of paying for someone to oversee funded
projects.
Mollick examined a dataset of 47,000
Kickstarter projects amounting to $ 198 million
in contributions.
The best - known and most active site for crowdfunding
projects,
Kickstarter, says it is not interested
in the equity market.
In particular, we think
Kickstarter is a great fit for
projects that involve consumer - facing products or creative endeavors.
Kickstarter is known to be a little more selective
in the
projects they approve, so meeting the above criteria won't necessarily guarantee approval.
If you're a fan of sites like
Kickstarter and Indiegogo, the model should be familiar: Users pitch
in varying amounts — anywhere from a dollar to thousands of dollars — to help make someone's dream
project a reality.
In an AllThingsD.com article,
Kickstarter CEO Perry Chen said, «People are supporting
projects because they want to see them happen.
That's why the US embassy
in Nairobi, itself a target of fake news,
kickstarted the year - long
project in Kenya, which will mix the online quiz with educational videos and public outreach.
In this model, promoters either pay a listing fee to list their project or the website takes a cut of the funds raised for a project, similar to how Kickstarter makes its money in the donation / reward mode
In this model, promoters either pay a listing fee to list their
project or the website takes a cut of the funds raised for a
project, similar to how
Kickstarter makes its money
in the donation / reward mode
in the donation / reward model.
A single break
in any of these links can cause your
Kickstarter project to go off the rails.
Indiegogo was launched
in 2007 and
Kickstarter in 2009, and while they basically provide a platform for funding, there are some details that can determine their impact on a
project.
With over $ 1,000 a minute pledged to
projects on
Kickstarter in 2015, and its position as the most - trafficked crowdfunding platform (30 million visits per month), it is clear that
Kickstarter is the «place to be.»
For example, Artistshare excels at funding artistic
projects, Crowdcube at investment crowdfunding
in England, GoFundMe at philanthropic
projects, but we've found that for product design, especially
in the technology space, there's no better platform than
Kickstarter.
This means it gets featured
in Kickstarter's global email newsletter, which picks out three
projects that pique the interest of their staff.
The Zano
Project, a
Kickstarter - backed attempt to launch a line of «sophisticated nano drones» — which made $ 3.5 million
in donations for its launch — has folded, leaving contributors potentially
in the lurch.
Unfortunately for most
Kickstarter or Indiegogo
projects, crowdfunding campaigns generate plenty of cash, but little
in the way of expertise.
Undoubtedly, this announcement was
in response to growing coverage of the troubles befalling a number of high - profile
Kickstarter projects post-investment.
Maybe if our
project gets funded on
Kickstarter, we could put some of your healthy recipes (with credit to you
in there) to show people what a healthy version of a recipe would be.
The guys have a
Kickstarter type page to help fund this
project, and have some lovely extras thrown
in when you donate — Celia lager, WAGfree cakes and even gluten - free cooking lessons with Martin.
A natural deodorant
in a completely biodegradable container; loving this inspiring new
kickstarter project created by a group of Montreal - based entrepreneurs.