Skip to main content

What is Kickstarter?

Kickstarter is a global crowdfunding platform

Kickstarter’s stated mission is to help bring creative projects to life through crowdfunding. With crowdfunding people can pledge to support your project with money and together raise the sum needed to kickstart the project. Kickstarter has reportedly received more than $1.9 billion in pledges from 9.4 million backers to fund 257,000 creative projects, such as films, music, stage shows, comics, journalism, video games, technology and food-related projects.

People who back Kickstarter projects (so called backers) are offered rewards and one of a kind experiences in exchange for their pledges.

Source: Wikipedia

Read More

What is Indiegogo?

Indiegogo is an international crowdfunding website

Indiegogo was founded in 2008 by Danae Ringelmann, Slava Rubin, and Eric SchellIts. The site is one of the first sites to offer crowdfunding. Indiegogo allows people to raise funds for an idea, charity, or start-up business. Indiegogo charges a 5% fee on contributions. This charge is in addition to credit card and PayPal charges that range from 3.5% to 9%. Fifteen million people visit the site each month.

The site runs on a rewards-based system, meaning donors, investors, or customers who are willing help to fund a project or product can donate and receive a gift, rather than an equity stake in the company.

In 2014, Indiegogo launched Indiegogo Life, a service that people can use to raise money for emergencies, medical expenses, celebrations, or other life events. Indiegogo Life does not charge a platform fee, so fundraisers keep more of the money they raise. In 2015 Indiegogo Life was renamed to Generosity.com.

Source: Wikipedia

Read More