It seems that crowdsourced funding for creative work has been more successful than I thought it would be:
Since the site launched in April 2009, more than 2.5 million people have helped to successfully back more than 30,000 creative projects. It has helped fund Oscar-nominated short films and put new products on the market. Earlier this year, the creators of a watch that can wirelessly connect to a smartphone raised more than $10m (£6m) on the site after being turned down by traditional investors. The singer Amanda Palmer raised $1.2m (£745,000) to record her album and tour; this week, the film director David Fincher reached his goal to fund part of an animated film. In October, a role-playing game developer raised nearly $4m (£2.5m) from more than 73,000 backers. The site estimates that around 10% of the films accepted into the Sundance and Tribeca film festivals this year were funded by Kickstarter.
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