Questions tagged [kickstarter]

Chiara Thu Sep 05 2024 | 5 answers 1093

I'm curious about the costs associated with using Kickstarter to fund a project. Can you explain what the Kickstarter fees are and how they work? Are there any hidden fees that I should be aware of? Additionally, do the fees vary depending on the size of the project or the amount of funding raised? I'm eager to learn more about this platform and how it can help me bring my vision to life.

Martina Thu Sep 05 2024 | 5 answers 1199

Excuse me, could you possibly clarify the distinction between Kickstarter and GoFundMe? I understand they're both crowdfunding platforms, but how do they differ in terms of their purpose, functionality, and the types of projects they typically host? For instance, does one favor creative endeavors while the other caters more to personal causes or medical emergencies? Additionally, how do their funding models and user experiences compare? I'd appreciate any insights you might have on these points.

CherryBlossomGrace Thu Sep 05 2024 | 7 answers 1180

I'm curious, when it comes to making payments on Kickstarter, how secure is the platform? With so many projects and contributors, are there measures in place to protect personal information and financial transactions? Do users have to be wary of potential scams or fraudulent activities? How does Kickstarter ensure that the funds donated to projects are being used appropriately and transparently? As a contributor, what steps can I take to minimize the risks and ensure a SAFE and secure transaction experience?

Emanuele Wed Sep 04 2024 | 6 answers 1469

Hello there, I'm curious about a topic that's been on my mind lately. When it comes to crowdfunding platforms like Kickstarter, is it necessary to pay taxes on the funds raised? I understand that the nature of these funds can vary, from donations to pre-orders, but I'm wondering if there's a general rule of thumb when it comes to tax liability. Additionally, I'm interested in knowing if there are any specific tax benefits or deductions that creators might be eligible for when using Kickstarter. Can you shed some light on this matter?

Eleonora Wed Sep 04 2024 | 6 answers 1283

When it comes to crowdfunding platforms like Kickstarter, there are certainly pros that attract creators and backers alike. However, let's delve into the cons of this platform. Firstly, Kickstarter is an all-or-nothing funding model, meaning if the project doesn't meet its funding goal, creators don't receive any of the pledged money. This can be a risky proposition for creators who have invested time and resources into their project. Furthermore, Kickstarter takes a significant cut of the funds raised, which can eat into the profits of a successful project. Additionally, there's always the risk of backers not receiving their rewards on time or as promised, which can damage the reputation of creators and the platform itself. Moreover, Kickstarter doesn't offer much in terms of marketing support, so creators need to rely heavily on their own networks and social media presence to promote their project. This can be challenging for creators who are new to crowdfunding or don't have a large following. Finally, Kickstarter's terms and conditions can be restrictive, and creators need to be mindful of the platform's guidelines to avoid having their project rejected or suspended. So, what are your thoughts on the cons of Kickstarter? Are there any specific drawbacks that you've experienced or heard about?