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At the end of 2014, Bring Back Reading Rainbow, a project with the aim of providing free access to a library of interactive books and video field trips to children, was the most-backed Kickstarter project with 105,857 backers in total. In February 2015, the card game project, Exploding Kittens took first place with 219,382 backers. As of August 2023, Exploding Kittens was still the most-backed Kickstarter project.
Most popular Kickstarter projects as of August 2023, by number of backers (in 1,000s)
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As someone deeply engrossed in the realms of finance, insurance, and data analytics, I bring a wealth of expertise backed by years of practical experience and extensive knowledge in these domains. My insights stem from years spent in the finance industry, analyzing market trends, studying consumer behaviors, and understanding the intricate workings of financial services. I've worked with various statistical tools and have an in-depth understanding of the methodologies involved in industry-specific data analysis and research.
Regarding the article you provided, it delves into the realm of crowdfunding and the most-backed Kickstarter projects as of August 2023. Kickstarter is a platform that enables individuals or groups to fund projects by gathering monetary contributions from a large number of people, typically via the internet.
Let's break down the concepts mentioned in the article:
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Kickstarter: This is a crowdfunding platform that allows creators to bring their projects to life by collecting pledges from backers. These projects could range from films, games, technology gadgets, art, and much more.
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Most-backed Kickstarter Projects: Refers to the projects that received the highest number of backers, indicating the popularity and support garnered from the online community.
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Backers: Individuals who pledge financial support to a project on Kickstarter in exchange for rewards or early access to the product being developed.
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Bring Back Reading Rainbow: This was a Kickstarter project aimed at providing free access to a library of interactive books and video field trips to children. It was the most-backed Kickstarter project at the end of 2014, signifying the immense support for educational initiatives.
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Exploding Kittens: A card game project that became the most-backed Kickstarter project in February 2015 and retained that status as of August 2023. Its success showcases the appeal of innovative and entertaining gaming concepts among backers.
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Number of Backers (in 1,000s): Indicates the total count of backers in thousands, highlighting the scale of support these projects received.
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Statista: A leading provider of market and consumer data, as well as industry-specific statistics, offering insights and analysis through research reports and data visualizations.
The article sheds light on the enduring success and support garnered by certain Kickstarter projects, underscoring the power of community engagement and backing in bringing creative ventures to fruition through crowdfunding platforms.
FAQs
In March 2015, Pebble's second smartwatch project completed its crowdfunding and publicity run with 20.34 billion dollars raised in Kickstarter pre-order funding, becoming the most successful Kickstarter project as of July 2021.
Is Exploding Kittens still the most backed Kickstarter? ›
In February 2015, the card game project, Exploding Kittens took first place with 219,382 backers and remained the most-backed project until January 2024.
What percentage of Kickstarter projects succeed? ›
Not every project that launches on Kickstarter is successful. 10% of all projects never receive a single pledge and 60.89% of all projects fail. There have been 361,513 projects in total that were unsuccessful.
What is the biggest crowd funding project ever? ›
Thus, the biggest crowdfunding drive of the world—the Shri Ram Janmabhoomi Mandir Nidhi Samarpan Abhiyan—was launched. Initially, the estimated cost for constructing the magnificent Ram Temple in Ayodhya was approximated to be ₹1,800 crore.
What is the #1 most funded Kickstarter? ›
The Pebble Time is the most funded Kickstarter ever, even though the campaign was launched in 2015. At the time, there seemed to be a massive demand for smartwatches. However, a couple of years later, they struggled with a diminishing demand and poor sales.
Why was Exploding Kittens so successful? ›
Creating interactions between people: that's the reason for Exploding Kittens' success, and something that's actually built into the rules of the game. It was designed with mechanisms that enable people entertain their friends.
How much money did Exploding Kittens get from Kickstarter? ›
Exploding Kittens isn't only the most-backed project, it's also the most-funded Games project ever, raising $8,782,571. That makes it the third-most-funded project in Kickstarter history.
How much did Kickstarter give to Frosthaven? ›
83,193 backers pledged $12,969,608 to help bring this project to life.
What are the weakness of Kickstarter? ›
The primary con of Kickstarter is the inherent uncertainty of whether your project will be fully funded. Not all campaigns succeed, and even well-planned projects can fall short of their funding goals. This uncertainty can be disheartening and leave creators regretting having waster their time and effort.
How much money does the average Kickstarter make? ›
Across all categories, the average successful project on Kickstarter raises $23k, while the average unsuccessful project attracts $1.5k — about 15x less.
Therefore, backers of the project do not receive any rewards or products that were promised. If a project does not reach its funding goal, Kickstarter will refund all pledges made to the project to the backers. These refunds are processed through the payment method used for the pledge.
What was the most famous bizarre crowdfunding campaign? ›
Potato Salad
Arguably the most famous ridiculous crowdfunding campaign ever — in 2014 Zach 'Danger' Brown in Ohio decided to crowdfund his first ever potato salad.
Is Backerkit the same as Kickstarter? ›
In the Crowdfunding market, Kickstarter has a 21.37% market share in comparison to Backerkit's 0.05%. Since it has a better market share coverage, Kickstarter holds the 3rd spot in 6sense's Market Share Ranking Index for the Crowdfunding category, while Backerkit holds the 15th spot.
Who does crowd funding work best for? ›
For startups, crowdfunding offers many benefits, especially if you're not familiar with raising capital or you don't have a strong credit history or credit score. It's also a great way to build strong connections with your target audience.
How much money did Mighty Number 9 Kickstarter? ›
Classic Japanese side-scrolling action, evolved and transformed by Keiji Inafune, an all-star team of veteran Mega Man devs...and YOU! 67,226 backers pledged $3,845,170 to help bring this project to life.
How much money did hollow Knight get on Kickstarter? ›
Development was partially funded through a Kickstarter crowdfunding campaign that raised over A$57,000 by the end of 2014. It was released for Windows, Linux, and macOS, in early 2017 and for the Nintendo Switch, PlayStation 4, and Xbox One in 2018.
Is the coolest cooler still in business? ›
Coolest Cooler, notorious as the biggest disaster in Kickstarter history, shut down last year and has just completed terms of a legal settlement with the Oregon Department of Justice. The pact was intended to provide $20 in compensation to backers who never got their coolers.
