Kickstarter funding explodes, on pace to triple this year to around $300M

We’ve been reporting on a lot of very cool tech and gaming projects that have found huge success on the New York-based crowdfunding platform Kickstarter this year. The site, which never had a million dollar project before 2012, keeps breaking its own records, with the Pebble smartwatch, which has now raised more than $5 million, leading the pack.

But tech projects represent just one portion of Kickstarter’s funding base. Back in February Kickstarter co-founder Yancey Strickler said the company was on pace to distribute more funding than the $146 million given out each year by the National Endowment for the Arts.

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THR1LLHOUSE2794d ago

Is anyone else getting sick of Kickstarter?

I'd say we're months (if not weeks) away from our first big Kickstarter a game people funded gets cancelled and backers get upset, or someone scams people and runs off with their money. It's gonna happen.

crazytown992794d ago

Let's combine controversies: Maybe someone will make a game with an ending its backers don't like.

ABizzel12794d ago

Kickstarter is a great idea, and there should be no negatives regarding what it does to help people.

Now if such an event occurs where someone scams people, I'm sure legal actions will be taken against them to the fullest.

SybaRat2794d ago

I'm kickstarting my retirement fund. Help me for a signed copy of my Social Security checks!

deantak2794d ago

That's a pretty astounding number, considering last year it was zero.

acronkyoung2794d ago

Good to see the Double Fine campaign inspired more activity in the site, I just hope it lasts and doesn't fade out within the year.

Sadie21002794d ago

This is all Double Fine's fault.

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