With Regulation Crowdfunding, you can raise $1,070,000 per year*. You can, however, raise an unlimited amount under Regulation D from accredited investors. Wefunder will spin up a free Regulation D campaign for you if you cross $1,070,000, so you can raise more money.
To Answer the question earlier, “Is Kickstarter Dead?” The simple answer is no. Despite video games accounting for 100 million dollars raised by the platform Kickstarter raised over a billion dollars last year, so even if games were to drop off completely (which they won't) Kickstarter would still continue to grow.
Kickstarter is a platform that connects creators with their backers, and it doesn't hold funds. That means that Kickstarter can't issue refunds. Your only option is to request a refund directly from the creator in question if the project funding is already completed.
And Kickstarter cannot be used to offer financial returns or equity, or to solicit loans. Some projects that are funded on Kickstarter may go on to make money, but backers are supporting projects to help them come to life, not financially profit. You can learn more about Kickstarter and how it works in our FAQ.
Good Approval Process: Kickstarter generally does a pretty good job of filtering out sketchier projects, reducing the risk to backers. Funds From Unsuccessful Projects Are Returned: Backers are only charged if the project is successfully funded.
That's how much funding has been successfully raised for over 145,000 creative projects on the Kickstarter platform since the company's founding less than a decade ago. In 2019 and beyond, Kickstarter will continue to be the #1 platform in the world for independent creators looking to fund and launch creative projects.
Canceling a project does not remove it from Kickstarter. Projects cannot be deleted. Canceling a project is not reversible. If you decide you want to relaunch the project, you'll need to build a new one from scratch and submit it to us for review.
The maximum amount you can pledge to a project varies based on a project's country of origin. It is also not possible for a project creator to set a reward tier higher than the maximum pledge amount allowed for their project's location. The maximum amount you can pledge to a project is: US-based projects: $10,000.
You shouldn't expect the crowdfunding crowd to give you a fortune. Yes, there are rare products that managed to gather millions of dollars. That said, a usual Kickstarter campaign reaches much humbler numbers. According to these statistics, an average successful project raises from $10,000 to $23,000.
Rewards vary from project to project, but often include a copy of what is being produced (CD, DVD, book, etc.) or an experience unique to the project. Backers can also opt to pledge for a project without selecting a reward.
Any funds raised beyond the goal will help the creator to cover any manufacturing or shipping costs related to their add-ons. In other cases, overfunding leads to better margins and the creator may even profit from the project.
Can Kickstarter refund the money if a project is unable to fulfill? No. Kickstarter doesn't issue refunds, as transactions are between backers and the creator. When a project is successfully funded, money is transferred directly from backers' credit cards to the project creator's Amazon Payments account.
Choose the Crowdfunding Platform That Works for YouCreators and entrepreneurs looking for funding are probably better off using Kickstarter, while those seeking funding in response to an emergency or personal cause are likely better off using GoFundMe.
For ongoing support of creative entrepreneurs, Patreon is the clear winner. For one-time project funding, Kickstarter and Indiegogo are both solid options. Patreon creators are known to produce special projects on Kickstarter, then bring that audience with them to Patreon.
“Project backers should expect a failure rate of around 1-in-10 projects, and to receive a refund 13% of the time.
Kickstarter can be used to create all sorts of things: art and gadgets, events and spaces, ideas and experiences. But every project needs a plan for creating something and sharing it with the world. At some point, the creator should be able to say: “It's finished.
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.
