Kickstarter (Website)

Vorlage:Infobox website

Kickstarter is an online threshold pledge system for funding creative projects. Kickstarter has funded a diverse array of endeavors,[1] ranging from indie film and music to journalism, solar energy technology and food-related projects.[2]

Model

One of a new set of fundraising platforms dubbed "crowdfunding",[3] Kickstarter facilitates gathering monetary resources from the general public, a model which circumvents many traditional avenues of investment.[4] People must apply to Kickstarter in order to have a project posted on the site, and Kickstarter provides guidelines[5] on what types of projects will be accepted. Project owners choose a deadline and a target minimum of funds to raise. If the chosen target is not gathered by the deadline, no funds are collected (this is known as a provision point mechanism).[6] Money pledged by donors is collected using Amazon Payments,[7] and initiating projects requires a U.S. bank account.

Kickstarter takes 5% of the funds raised; Amazon charges an additional 3-5%.[8] Unlike many forums for fundraising or investment, Kickstarter claims no ownership over the projects and the work they produce. However, projects launched on the site are permanently archived and accessible to the public. After funding is completed, projects and uploaded media cannot be edited or removed from the site.[9]

There is no guarantee that people that post projects on Kickstarter will deliver on their projects or use the money to do their projects. Kickstarter advises sponsors to use their own judgment on supporting a project. They also warn project leaders that they could be liable for legal damages from sponsors for failure to deliver on promises.[10] In May 2011 a New York University film student raised $1,726 to make a film, but plagiarized the French film Replay instead. The student publicly apologized and the issue has since been settled.[11][12]

History

Kickstarter was founded in 2008 by Perry Chen, Yancey Strickler, and Charles Adler.[13] The Miami New Times jokingly proclaimed "Kickstarter.com is one of the smartest ideas for a website since Al Gore invented the Internet."[14] Kickstarter raised $10 million funding from backers including NYC-based venture firm Union Square Ventures and angel investors such as Jack Dorsey, Zach Klein and Caterina Fake.[15] The company is based in Manhattan's Lower East Side.

Andy Baio served as the site's CTO until November 2010, when he joined Expert Labs.[16] Lance Ivy has been Lead Developer since the website launched.[17]

Kickstarter had over $125 million dollars pledged (raised is lower) and more than 15,000 successfully funded projects between 2008 and early August 2011. The project success rate was 44%.[18] The business has grown quickly in its early years. In the year 2010, Kickstarter had 3,910 successful projects, $27,638,318 dollars pledged, and a project success rate of 43%. In 2011, the corresponding figures were 11,836, $99,344,381 and 46%.[19]

Top projects by funds raised

Following table shows projects funded by Kickstarter by total funds raised.

Rank Project name Author Category % funded Total USD Closing date Reference
1 TikTok+LunaTik Multi-Touch Watch Kits Scott Wilson Design 6,283 942,578 2010-12-16 [1]
2 Hidden Radio & BlueTooth Speaker John VDN + Vitor Santa Maria Design 751 938,771 2012-01-18 [2]
3 Printrbot: Your First 3D Printer Brook Drumm Technology 3,323 830,827 2011-12-17 [3]
4 Twine: Listen to your world, talk to the internet Supermechanical Technology 1,589 556,541 2012-01-03 [4]
5 CineSkates Camera Sliders Justin Jensen Design 2,432 486,518 2011-10-14 [5]
6 PID-Controlled Espresso Machine Gleb Polyakov and Igor Zamlinsky Design 1,847 369,569 2012-01-20 [6]
7 Capture Camera Clip System Peter Dering Design 3,646 364,698 2011-07-16 [7]
8 Blue Like Jazz Steve Taylor Film & Video 276 345,992 2010-10-25 [8]
9 Eyez™ HD Video Recording Glasses for Facebook ZionEyez Team Design 624 343,415 2011-07-31 [9]
10 LunaTik Touch Pen: The Evolution of the Stylus Scott Wilson + MINIMAL Design 412 309,083 2012-02-10 [10]

Highest grossing ongoing drives

The following drives will end up in the top projects list after they close. Follow the reference link to see how much has been p

ledged so far. Vorlage:Update after

Project name Author Category Closing date Reference
Elevation Dock: The Best Dock For iPhone ElevationLab Design 2012-02-11 [11]
The Order of the Stick Reprint Drive Rich Burlew Comics 2012-02-21 [12]
Double Fine Adventure Double Fine Productions Games 2012-03-13 [13]


Other noted projects

  • Coffee Joulies - metal beans with phase change material to regulate the temperature of coffee.[20]
  • Tick Tock - a short film by Korean American filmmaker Ien Chi which won Best Picture and Best Director at the International Grand Finale of Campus MovieFest, the world's largest student film festival.[21][22] It is currently Campus MovieFest's most viewed and highest rated film of all time.[23] The film went viral and collectively has approximately 1.7 million views online and has been featured on The Guardian and in other media sources.[24]
  • Cards Against Humanity - a politically incorrect party game that launched as the #1 game[25] and is among the 100 highest-rated products[26] on Amazon.com.

Patent history

In 2006, founder Perry Chen filed two patent applications that focused on Kickstarter's method for fundraising.[27][28][29] Both of these patent applications were later abandoned after being rejected.[28]

Patent dispute

On September 30, 2011, Kickstarter filed a request for declaratory judgment against Fan Funded who owns U.S. patent Vorlage:Cite patent, "Methods and apparatuses for financing and marketing a creative work". Brian Camelio, the founder of ArtistShare, is the inventor on the patent. KickStarter says it believes it is under threat of a patent infringement lawsuit. KickStarter has asked that the patent be invalidated, or, at the very least, that the court find that Kickstarter is not liable of infringement.[30][31]

See also

References

Vorlage:Reflist

  1. ↑ Shawn Levy: Kickstarter raises money online for artistic endeavors, tapping into Portland ethos In: The Oregonian, May 29, 2010 
  2. ↑ Jenna Wortham: A Few Dollars at a Time, Patrons Support Artists on the Web In: The New York Times, August 24, 2009 
  3. ↑ Matt Villano: Small Donations in Large Numbers, With Online Help In: The New York Times, March 14, 2010 
  4. ↑ Gould, Emily: Start me up In: Technology Review, MIT. Abgerufen am 20. Januar 2011 
  5. ↑ http://www.kickstarter.com/help/guidelines
  6. ↑ Mike Musgrove: At Play: Kickstarter is a Web site for the starving artist In: washingtonpost.com, March 7, 2010 
  7. ↑ Randall Stross: You, Too, Can Bankroll a Rock Band In: The New York Times, April 2, 2010 
  8. ↑ http://www.kickstarter.com/help/faq#pdAmazCharAnyFees
  9. ↑ Official website: Kickstarter.com FAQ.
  10. ↑ Kickstarter FAQ "If I am unable to complete my project as listed, what should I do?" In: kickstarter.com.
  11. ↑ Myles Tanzer: NYU Tisch Student Makes Plagiarized Film To Win Festival Prize After Raising $1,700 On Kickstarter · NYU Local In: NYU Local, 9 May 2011. Abgerufen im 23 June 2011 
  12. ↑ Sam Biddle: NYU Film Student Plagiarizes His Way to Kickstarter Fame. In: Gizmodo.
  13. ↑ Christine Lagorio: How to Use Kickstarter to Launch a Business In: Inc., April 27, 2010 
  14. ↑ Reed Fischer: Every You Launches Kickstarter Project to Fund Video and Studio Time In: Miami New Times, 16. April 2010. Abgerufen im 29 April 2010 
  15. ↑ Peter Kafka: Kickstarter Fesses Up: The Crowdsourced Funding Start-Up Has Funding, Too. In: All Things D. Dow Jones & Company Inc., abgerufen am 7. Februar 2012.
  16. ↑ Andy Baio: Joining Expert Labs. In: waxy.org. Abgerufen am 17. November 2010.
  17. ↑ crunchbase.com: Kickstarter CrunchBase Profile. 30. November 2010;.
  18. ↑ Brittany Shammas, “Funding Sites Match Entrepreneurs, Contributors”, Indianapolis Star, August 6, 2011
  19. ↑ "2011: The Stats", January 9, 2012, Kickstarter.com, accessed February 3, 2012.
  20. ↑ http://www.kickstarter.com/projects/705847536/coffee-joulies-your-coffee-just-right
  21. ↑ Tick Tock – The Last Minutes of a Life. Abgerufen am 7. Juli 2011.
  22. ↑ Student wins Best Picture, Best Director at International Campus Moviefest. Emory University, abgerufen am 7. Juli 2011.
  23. ↑ Most Viewed and Highest Rated Campus MovieFest Films. Campus MovieFest, 2011, abgerufen am 27. Mai 2011.
  24. ↑ Guardian Viral Video Chart. The Guardian, 2011, abgerufen am 7. Juli 2011.
  25. ↑ http://www.kickstarter.com/projects/1200751084/cards-against-humanity
  26. ↑ http://www.toppppp.com/
  27. ↑ U.S. patent application Vorlage:Cite patent
  28. ↑ a b Devin Coldewey, “Kickstarter Hit with Patent Claim over Crowd-Funding”, TechCrunch, October 3, 2011 Consulted on October 8, 2011
  29. ↑ U.S. patent application Vorlage:Cite patent
  30. ↑ Sarah Jacobsson Purewal, Kickstarter Faces Patent Suit Over Funding Idea, PCWorld, October 5, 2011. Consulted on October 6, 2011.
  31. ↑ Eriq Gardner, KickStarter Seeks To Protect Fan-Funding Model From Patent Threat, The Hollywood Reporter, October 4, 2011. Consulted on October 15, 2011.
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