Kickstarter (Website)

Vorlage:Infobox website

Kickstarter is a crowd funding website for creative projects. Kickstarter has crowdfunded 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, barring foreign users to use the site as a result.

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 another film 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]

February 9, 2012 saw a number of landmarks set by Kickstarter. A dock made for the iPhone by the third party manufacturer ElevationLab became the first Kickstarter project to be pledged a million dollars. A few hours later, a drive by computer game developers Double Fine Productions to fund a new adventure game reached the same figure having been launched less than 24 hours earlier. This was also the first single day in which Kickstarter raised over a million dollars in pledges.[20]

On February 19, 2012, The Order of the Stick Reprint Drive became the third Kickstarter project to exceed one million dollars. It was the first in a book publishing category and the first by a single creative artist (as opposed to a company) to reach that level of funding. On February 20, Double Fine Adventure was the first to reach two million,[21] and on March 13, fewer than 24 hours before close, the Double Fine project was the first to reach three million dollars pledged. [22] The same day, another computer game project, Wasteland 2 launched with a $900,000 goal, the highest up to that point. Its goal was reached in 42 hours, and on March 21 it surpassed the Elevation Dock as the second most funded project.

Top projects by funds raised

The following table shows the ten largest successful completed Kickstarter projects by total funds raised.

RankProject nameAuthorCategory% fundedTotal USDBackersClosing dateLink
1Double Fine AdventureDouble Fine and 2 Player ProductionsVideo Games8343,336,37187,1422012-03-13[1]
2Elevation Dock: The Best Dock For iPhoneElevationLabDesign1,9521,464,70612,5212012-02-11[2]
3The Order of the Stick Reprint DriveRich BurlewComics2,1711,254,12014,9522012-02-21[3]
4TikTok+LunaTik Multi-Touch Watch KitsScott WilsonDesign6,283942,57813,5122010-12-16[4]
5Hidden Radio & BlueTooth SpeakerJohn VDN + Vitor Santa MariaDesign751938,7715,3582012-01-18[5]
6Printrbot: Your First 3D PrinterBrook DrummTechnology3,323830,8271,8082011-12-17[6]
7Twine: Listen to your world, talk to the internetSupermechanicalTechnology1,589556,5413,9662012-01-03[7]
8CineSkates Camera SlidersJustin JensenDesign2,432486,5182,0192011-10-14[8]
9PID-Controlled Espresso MachineGleb Polyakov and Igor ZamlinskyDesign1,847369,5691,5462012-01-20[9]
10Capture Camera Clip SystemPeter DeringDesign3,646364,6985,2582011-07-16[10]

Highest grossing ongoing drives

The following ongoing drive has already raised enough to end up in the top projects list after it closes. Follow the reference link to see how much has been pledged so far.

Project nameAuthorCategoryClosing dateLink
Wasteland 2InXile EntertainmentGames2012-04-17[11]
Galileo - Your iOS in MotionMotrrDesign2012-04-21[12]

Other noted projects

  • Blue Like Jazz - a film of the book of the same name.[23]
  • The Price - an animated film by Christopher Salmon based on a short story by Neil Gaiman - was the first project to ask for more than $150k and successfully fund. [24] The project is still in development and was endorsed by Gaiman himself on his blog and was covered by Wired and CNN.[25]
  • Cards Against Humanity - a multi-player politically incorrect card game similar to Apples to Apples. As of March 2012, it was listed ranked #1 and #2 (base set and expansion respectively) on Amazon's Best Seller list in the Toys and Games category.[26][27]
  • Coffee Joulies - metal beans with phase change material to regulate the temperature of coffee.[28]
  • 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.[29][30] It is currently Campus MovieFest's most viewed and highest rated film of all time.[31] 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.[32]

Patent dispute

On September 30, 2011, Kickstarter filed a request for declaratory judgment against ArtistShare and 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.[33][34] In February 2012, ArtistShare and Fan Funded responded to Kickstarter's complaint notably claiming that patent infringement litigation was never threatened,[35][36] which Kickstarter contests.[37] The dispute is ongoing.

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. Carl Franzen "Crowd-Funding Website Kickstarter Has Double Million Dollar Day", TPM, February 10, 2012, Accessed February 11 2012
  21. Suw Charman-Anderson "Million Dollar Book Proves Kickstarter Model, Now Authors Just Need The Reach", Forbes, February 20, 2012, Accessed 21 February, 2012.
  22. "Double Fine Kickstarter hits 3 million, drive closing on Ustream", Joystiq, 13 March 2012, Accessed 13 March 2012.
  23. http://www.kickstarter.com/projects/2128223578/save-blue-like-jazz-the-movie-0?ref=most-funded
  24. http://www.kickstarter.com/projects/2024077040/neil-gaimans-the-price?ref=live
  25. http://journal.neilgaiman.com/2010/11/price-of-price.html
  26. [13]
  27. [14]
  28. http://www.kickstarter.com/projects/705847536/coffee-joulies-your-coffee-just-right
  29. Tick Tock – The Last Minutes of a Life. Abgerufen am 7. Juli 2011.
  30. Student wins Best Picture, Best Director at International Campus Moviefest. Emory University, abgerufen am 7. Juli 2011.
  31. Most Viewed and Highest Rated Campus MovieFest Films. Campus MovieFest, 2011, abgerufen am 27. Mai 2011.
  32. Guardian Viral Video Chart. The Guardian, 2011, abgerufen am 7. Juli 2011.
  33. Sarah Jacobsson Purewal, Kickstarter Faces Patent Suit Over Funding Idea, PCWorld, October 5, 2011. Consulted on October 6, 2011.
  34. Eriq Gardner, KickStarter Seeks To Protect Fan-Funding Model From Patent Threat, The Hollywood Reporter, October 4, 2011. Consulted on October 15, 2011.
  35. Eriq Gardner: Hollywood Docket: Comedy Club Documentary Lawsuit; Michael Jordan vs. 1st Amendment. The Hollywood Reporter, 16. Februar 2012, abgerufen am 23. März 2012.
  36. “Memorandum of Law In Support of Defendants’s Motion to Dismiss Plaintiff’s Declaratory Judgment Complaint” filed by ArtistShare, Civil Action No. 11-cv-6909, 3 February 2012
  37. “Memorandum of Law In Opposition of Defendants’s Motion to Dismiss Kickstarter, Inc.’s Declaratory Judgment Complaint” filed by Kickstarter, Civil Action No. 11-cv-6909, 17 February 2012