What percentage does Kickstarter take?

If your project is successfully funded, the following fees will be collected from your funding total: Kickstarter’s 5% fee, and payment processing fees (between 3% and 5%). If funding isn’t successful, there are no fees.

How much money do you make from Kickstarter?

If a project is successfully funded, Kickstarter collects a 5% fee from the funds collected for creators. Stripe, our payments processor, will also collect a payment processing fee (roughly 3-5%). The complete fee breakdowns are available here. If a project does not reach its funding goal, no fees are collected.

Do Kickstarter investors get equity?

Backers that support a project on Kickstarter get an inside look at the creative process, and help that project come to life. Project creators keep 100% ownership of their work, and Kickstarter cannot be used to offer equity, financial returns, or to solicit loans.

What is the highest funded Kickstarter project?

In March 2015, Pebble’s second smartwatch project completed its crowdfunding and publicity run with 20.34 billion dollars raised in Kickstarter pre-order funding, becoming the most successful Kickstarter project as of July 2021 .

What is the difference between Kickstarter and GoFundMe?

Kickstarter: a platform that focuses on creative projects like art, music, film, etc. Funding is all or nothing and fees are fairly reasonable. GoFundMe: a crowdfunding platform designed for individuals and personal causes. No all or nothing requirement, but fees can be higher.

Can you use Kickstarter to start a business?

Kickstarter can be a great platform for startups and small businesses in need of funding. Not only can you get the money you need to grow your company (without incurring debt or giving up equity), but you can also expand your customer base.

Can you lose your money on Kickstarter?

Kickstarter is not a store and we do not issue refunds. When you back a project, you’re supporting a creator’s right to try to make something new—and agreeing to go along for the ride. For more information, please read our Terms of Use.

Why do people back Kickstarter projects?

They might be inspired by a new idea, or simply motivated by a project’s reward. Whatever the reason, people back projects because they want to have a part in helping to bring it to life. Backing a project is more than just pledging funds to a creator, it’s pledging support for a creative idea.

Does Kickstarter offer peer to peer lending?

Prosper is to P2P lending what Kickstarter is to crowdfunding. It’s the very first peer-to-peer lending platform in the U.S. and to date says it has organized over $14 billion in P2P loans to nearly 900,000 people. Prosper offers loans up to $40,000 with a 3-5-year repayment plan and at a fixed interest rate.

How much did the critical role Kickstarter make?

Critical Role: The Legend of Vox Machina Animated Special by Critical Role » $8.9 MILLION. — Kickstarter.

How was Star Citizen funded?

Crowdsourcing. The developers of Star Citizen began crowdfunding in 2012, on their own website and Kickstarter. Funding quickly surpassed initial target goals and subsequently additional stretch goals have been added to the funding campaign, most promising more or expanded content at release.

How much did critical role Kickstarter?

They started with a modest $750,000 goal, hoping to make one 22-minute animated short film, but ultimately ended up bringing in a whopping $11.4 million, enough to produce a full season of 10 22-minute episodes.

Why is Kickstarter successful?

As the largest funding platform for creative projects in the world, it’s no secret as to why Kickstarter is as popular and successful as it is. With a simple design, easy-to-use interface, and an ever-growing userbase, Kickstarter is the number one place independent creatives go to raise funds for their projects.

Do backers make money on Kickstarter?

Kickstarter makes money by taking 5% of the total amount of money that is funded on the site. Those who want to be funded get a group of backers to donate to their project and then promise the backers with an incentive or reward.

Is Kickstarter a Indian?

Kickstarter Kickstarter is one of the first crowdfunding sites in India. The platform is most known for creative projects.

Can I back my own Kickstarter?

No. Kickstarter policy specifically prohibits creators pledging to their own projects. Some creator try to do so, anyway, but Kickstarter has clever ways of identifying when they are doing this.

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