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New 'Creative Fund' Promises To Back Every Project on Kickstarter (venturebeat.com)
All Kickstarter campaigns are getting a show of support, according to a new web site. "Every day, The Creative Fund backs all newly launched projects based on our current patronage." It's the newest offering from BackerKit, which also makes a data management platform for crowdfunding campaigns, and so far they've pledged $1 to 10,594 different Kickstarter projects.
An anonymous reader quotes VentureBeat: One dollar doesn't seem like a lot, but it's just a start. BackerKit cofounder Rosanna Yau says that this is more of a proof of concept, to see if their community is willing to rally around the idea. She and cofounder Maxwell Salzberg have set up a Patreon, a monthly subscription service that enables people to support creators directly. All the donations they receive from that platform will be distributed among Kickstarter projects, and the goal is to make sure all projects have at least one pledge....
Yau says that the company is open to contributing more than a $1 in the future. Its Patreon guidelines say that for each $2,000 milestone reached, the fund will pledge $1 more to all Kickstarter projects. If something doesn't get funded, the fund's pledges will get recycled and re-donated to new projects.
A Medium post says the new fund "supports the entrepreneurial spirit of all independent creators, one dollar at a time....
"Everyone deserves some inspiration and a virtual high-five."
An anonymous reader quotes VentureBeat: One dollar doesn't seem like a lot, but it's just a start. BackerKit cofounder Rosanna Yau says that this is more of a proof of concept, to see if their community is willing to rally around the idea. She and cofounder Maxwell Salzberg have set up a Patreon, a monthly subscription service that enables people to support creators directly. All the donations they receive from that platform will be distributed among Kickstarter projects, and the goal is to make sure all projects have at least one pledge....
Yau says that the company is open to contributing more than a $1 in the future. Its Patreon guidelines say that for each $2,000 milestone reached, the fund will pledge $1 more to all Kickstarter projects. If something doesn't get funded, the fund's pledges will get recycled and re-donated to new projects.
A Medium post says the new fund "supports the entrepreneurial spirit of all independent creators, one dollar at a time....
"Everyone deserves some inspiration and a virtual high-five."
Silly virtue-signalling PR campaign.
Creative people are better than other people! See? We support all of them! With: a dollar! Now, pour a bunch of money into OUR account so we can signal some more, and, of course, draw a paycheck for the noble cause of administering this absurd bit of nonsense.
Here's an idea: actually VET the projects, and only support the ones that aren't utterly pointless. Otherwise they might as well say they're supporting all the artists at Burning Man by burning a pile of $1 bills in the parking lot outside their office. Or in the driveway outside mom's basement, wherever this is actually run.
Don't disappoint your bird dog. Go to the range.