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P2P Funding: Kickstarter (US)

An innovative platform for artists, filmmakers, designers, writers, curators, performers and others to bring their projects, events, and dreams to life.

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     Kickstarter, based in the US, facilitates P2P funding of creative ideas and ambitious endeavors. It's based on the belief that a good idea, communicated well, can spread fast and wide. Also that a large group of people can collectively be a tremendous source of funds and encouragement. Kickstarter is powered by an all-or-nothing funding method where projects must be fully funded or no money changes hands. This motivates competition to engage potential funders in creative ways through story-telling and promised rewards and and allows people to test the popularity of their concepts without risk.


     The platform has been exceptionally well devised and has created a shift in the way that creatives can realise projects – through decentralised funding. Kickstarter has become a thriving community which is well managed across a range of social media channels. One of my favourite project examples is the Pittsburgh Conflict Kitchen: http://bit.ly/9xuXN7. And here's a more detailed analysis of the platform from a Kickstarter user: http://bit.ly/b3poVz Given the variety of the ideas themselves, the story-telling to funders and rewards programs – Kickstarter is a stimulating place to check in for fresh doses of creative thinking.

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we used P2P funding also for the Future of Money Project www.emergence.cc

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