After talking about Kickstarter in class today, it got me thinking about the site that my coed a cappella group recently used to raise money to record our new album. Instead of Kickstarter, we used Indiegogo, which is a very similar site. On the site, we explained how committed we are to entertaining our fans and how thankful we are for them. We added a video of us singing, spread it all over various social networking sites, and it worked!We reached our goal of $2,000 in a little over a month, but most of it was from our relatives and alumni. Nevertheless, we felt very accomplished and the site truly helped us get our album rolling.
A local band from my hometown (Smithtown, Long Island) called Adam & Naive, who is pretty well known throughout the Island and even the state, used Kickstarter to raise funds in order to put all their albums onto vinyl. Their music is free online, but they wanted something with more literal and metaphorical weight to it. They reached their goal, and you can check out their project here!
I was curious to see if Indiegogo took a percentage of the money that we raised, because today we learned that Kickstarter does receive a small chunk from every project (5 percent). On Indiegogo, if you don't reach your goal, they receive 9 percent of the funds that were raised. If you do reach your goal, they only take 4 percent.
(On a kind of unrelated note, you can check out my solo song here! It'll be on our album that's coming out in the Fall!)
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