Kickstarter

From WikiMD's Food, Medicine & Wellness Encyclopedia

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Kickstarter is an American public benefit corporation based in Brooklyn, New York, that maintains a global crowdfunding platform focused on creativity. The company's stated mission is to "help bring creative projects to life." Kickstarter has received numerous accolades and has been recognized as a significant player in the crowdfunding industry.

History[edit | edit source]

Kickstarter was founded on April 28, 2009, by Perry Chen, Yancey Strickler, and Charles Adler. The platform was created to provide a means for artists, musicians, filmmakers, designers, and other creators to fund their projects through direct support from the public. Since its inception, Kickstarter has helped fund a wide array of projects, ranging from independent films and music albums to technology and video games.

How It Works[edit | edit source]

Creators set a funding goal and deadline for their projects. If people are interested in a project, they can pledge money to help make it happen. Funding on Kickstarter is all-or-nothing — projects must reach their funding goals to receive any money. This model helps to reduce risk for both creators and backers.

Categories[edit | edit source]

Kickstarter projects fall into one of 15 categories:

Notable Projects[edit | edit source]

Several high-profile projects have been funded through Kickstarter, including:

Impact[edit | edit source]

Kickstarter has had a significant impact on the creative industry by providing a platform for creators to bring their ideas to life without traditional gatekeepers. It has democratized the funding process and allowed for a diverse range of projects to find support.

Criticism and Controversies[edit | edit source]

Despite its success, Kickstarter has faced criticism and controversies. Some projects have failed to deliver on their promises, leading to dissatisfaction among backers. Additionally, there have been concerns about the accountability and transparency of project creators.

See Also[edit | edit source]

References[edit | edit source]

External Links[edit | edit source]

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Contributors: Prab R. Tumpati, MD