What is KickStarter you may ask? It’s a platform for aspiring developers and innovators that helps them to fund their own projects. More so known as crowd funding.
How Does It Work?
KickStarter works by allowing you to gather money from “backers” to get startup capital to start a any sort of project you want. It can range from starting that video game you’ve always wanted to create, to revolutionizing the design of the skateboard. They do have guidelines, but as long as it’s a legitimate project, you shouldn’t worry.
Each project submitted is given a 1-60 day window to raise the money. If 100% (or more) of the project goal is collected by the deadline, it is then given to the creator to get the project started. KickStarter themselves also takes 5% of the money as a fee.
Why Would Anyone “Back” A Project?
There are various reasons why you will get backers. Some people might just agree with what you’re doing or like who you are. You might offer an incentive or reward, like what the project actually produces or a T-shirt or something along those lines. You just can’t give out any “genetically modified organisms” (no really, its prohibited).
Not really much more to say, KickStarter is pretty awesome if you ask me. I however haven’t come up with ideas brilliant enough to warrant anyone wanting to fund me.