Wednesday06 July 2022

Kickstarter more sucessful than IndieGogo

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According to information presented by Jonathan Lau, campaigns on Kickstarter collected six times more money than those on Indiegogo.
Lau has conducted his own research by collecting information on the number of campaigns, failed campaigns, collected money and a variety of other information on the most popular pages used to collect money for various projects.

On the basis of this information he came to conclusion that the Kickstarter campaign collected a total of $612 million, while those on Indiegogo collected $99 million, despite the fact that IndieGoGo provides "flexible funding", which means that projects that acquire targeted amount at a given time can continue to collect funds with higher fees.

Kickstarter is also better in the total number of campaigns, and there are 110,000 versus 44,000 at Indiegogo. But Lau noted that IndieGoGo removed from their site campaigns that have raised less than $500. He also states that 44% of the Kickstarter campaign are successful, while 34% of them are successfully completed on the Indiegogo. Following the publication of this information, representatives of hte Indiegogo stated that the reported information are inaccurate, but did not specified what is actually wrong.

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Last modified on Sunday, 01 September 2013 12:14

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