Kickstarter's 9.5 million users have pledged over $2 billion

Bundles of $100 US dollar bills scattered randomly. Billions of dollars worth of money spread over the ground and viewed from ab

You may hate how crowdfunding websites are being used for pre-sales, but Kickstarter’s new numbers report makes it clear that a lot of people don’t mind the practice. The website has announced that it has reached $2 billion in total pledges on October 11th, over six years after it went up in 2009. Moreover, it took four years and 10 months to reach a billion (with users pledging an average of $391 per minute), but only a year and seven months to reach the second billion (pledges per minute averaged $1,182 within that timeframe). The sharp increase in the amount of pledges started around the time the website announced that it’s simplifying its rules of submission.

Source: Kickstarter

Source: Engadget - Read the full article here

Author: Daily Tech Whip

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