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Editor’s Note: Encyclo has not been regularly updated since August 2014, so information posted here is likely to be out of date and may be no longer accurate. It’s best used as a snapshot of the media landscape at that point in time.

is an online platform for funding projects ranging from movies, albums, or journalism-related endeavors.

Kickstarter was founded in 2009 by Perry Chen, Yancey Strickler, and Charles Adler. The company is based in Manhattan.

Kickstarter is a form of “crowdfunding” that allows the public to donate small or large amounts to projects set up by a third-party. Projects on Kickstarter must offer a reward to users to encourage donations, with rewards ranging from a special product to exclusive access to a project. The approach to fundraising requires projects to reach full-funding by a deadline, if a funding target is not met the money is returned to supporters. Kickstarter takes a 5 percent fee from funded projects to cover their costs. Donations are handled by Amazon Payments, which also takes a small percentage of the raised funds for credit card processing.

, Kickstarter raised $27.6 million and funded more than 3,900 projects in 2010.

Kickstarter and journalism

One of Kickstarter’s project areas is publishing, , which has lead to discussion on whether the service can be a similar to Spot.us. In 2010 writer and cartoonist Ted Rall successfully raised over $21,000 to return to Afghanistan to report on US military activity and life for Afghanis.

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Primary author: Justin Ellis. Main text last updated: May 9, 2011.
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U.S. News & World Report is an online consumer news magazine owned and edited since 1984 by real estate and publishing mogul Mortimer Zuckerman. U.S. News was formed in 1948 from a merger between a weekly newspaper called the United States News and a magazine called World Report. It was a newsweekly similar to Time…

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Encyclo is made possible by a grant from the Knight Foundation.
The AndroidForMobile Journalism Lab is a collaborative attempt to figure out how quality journalism can survive and thrive in the Internet age.