What is Kickstarter?

What is Kickstarter?

What is Kickstarter?

Our social media and website has been abuzz with Kickstarter talk over the past few months, and all the excitement is really revving up as we are launching our Kickstarter campaign for Party Time Bingo on February 21st.

survey results pie chart re: are you familiar with kickstarter

Among our social media circle, approximately 16% of  surveyed had never heard of Kickstarter, and about 30% had heard of it, but hadn't been on the site. So, we thought this would be a good opportunity to explain What Kickstarter is and how it works.

A crowdfunding platform that helps generate funding for creative projects

 

 

Kickstarter is a crowdfunding platform that helps creators like me find backers (supporters) who pre-purchase our products.

There are 2 main players: backers and creators

The format allows independent creators guage whether a product will be viable before taking the enormous financial risks involved in manufacturing. 

backers pledge to purchase a product before it's on the market thereby support the creation of new creative products.

This is an all-or-nothing endeavor. If we do not meet our goal, then the pledges (pre-purchases) are cancelled and the money is returned to the backers (supporters) so they do not lose funds. Selling pre-purchases makes it feasible for creators publish the larger minimum quantities that printers require. 

 backers only get charged if the creator meets their funding goal in the allotted time.

Pledges can be made in various denominations, each with their own rewards. Rewards increase as the pledge amount increases.  

If the campaign is successful the creator knows how much of the product to manufacture and order, and backers are the first in line to get a super unique product.   If the campaign does not fund, backers do not lose their investment.

 We hope to to become a Kickstarter success story like so many others! But we need your support - whether that is sharing our Kickstarter campaign on social media, making a pledge or just following along on our journey - we appreciate it and YOU!

Party Time Bingo's Kickstarter Campaign is set to launch February 21st. Watch this space!  We will be posting updates here with more information about the game, and links to the Kickstarter page once its approved. Hope you will be part of bringing this dream to reality!

In the meantime, you here to learn more about Party Time Bingo, and sign up for our VIP list!

Written by: Tali Kellerstein and Ashley Hughes 

 

 

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