People browse Kickstarter looking for projects in ways they don’t look at other sites. Ultimately Kickstarter’s reputation and massive invested user base is its greatest asset. You have to make something with the money you raise, so you can’t just fund an idea or a person. Campaigns that still have time left can introduce stretch goals and bonus rewards for helping raise extra money for a project.īefore you sign up, it’s important to note that Kickstarter can only be used to fund things you can share. Your adventure isn’t over once your project is successfully funded. It’s up to the creator to figure out what will encourage backers to spend their hard-earned money. $1 might only get you a thank you, while larger donations might come with complete versions of your final product or a deep discount for a future purchase. With 4,593,592 repeat backers, Kickstarter has a massive built-in audience for your creative project.Ĭreators offer different reward levels at various costs to entice backers. It’s successfully funded over 139,000 projects, raising more than $3.5 billion in the process. Launched in April 2008, Kickstarter is the most prominent creative crowdsourcing site on the planet. GoFundMe GoFundMe alternatives 1) Kickstarter Also, while it pays you even if you don’t meet your goal, that doesn’t mean you’ll get enough money to meet your reward obligations. Individuals are not charged a percentage fee by GoFundMe.ĭisadvantages: No community to discover your business project. However, donors will receive a tax-deductible receipt.īest uses: Trips, art projects, funerals, medical expenses, and rebuilding after a hardshipĬan you do fundraisers? Yes, in fact, it’s best set up to be used as a fundraising site for individuals and businesses.
#Gofundme vs kickstarter plus
These campaigns are subject to payment processing fees total 7.9 percent plus $0.30 platform, which are deducted from each donation. The exception is campaigns run by certified charities. GoFundMe makes up for the lack of a percentage fee by allowing donors to add a tip when they check out. Campaigns are instead charged a standard 2.9 percent payment processing fee plus $0.30 per donation. Is it all or nothing? No, GoFundMe pays you even if you do not meet your goal.Ĭosts: GoFundMe is a charitable platform, so individual campaigns aren’t charged a percentage fee for their earnings.
#Gofundme vs kickstarter how to
Here’s more on how GoFundMe works and how to set up a GoFundMe fundraiser. People aren’t searching the site looking for the next fidget spinner they’re looking for funerals, surgeries, or other personal causes to donate to. Your main funding base will be people you know since GoFundMe lacks Kickstarter’s community aspects. While you can set reward tiers, the site lacks the community and data insights to help you run your campaign that you might find with Kickstarter.
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You can fund a business with it, but there’s a reason “me” is in the name. GoFundMe has the fastest fund withdraw time of any service on this list. GoFundMe is designed for personal funding. Photo via Flickr/401(K) 2012 (CC-BY-SA) GoFundMeīefore we get into the alternatives, let’s cover the basics.