James Cooper

Kickstarter Crowdfunding Moves Beyond the Impossible in Toronto

Submitted by Marc Weisblott on Tue, 03/27/2012 - 14:00
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Kickstarter has gained considerable steam in 2012, as reflected in its 70 per cent annual growth in pledges in the first three months, a period in which videogame designer Tim Schafer took in a $3.3 million advance for his project Double Fine.

Not only it is now considered realistic for an idea to exceed $1 million in advance crowdfunding, but more physical spaces are certain to surface on the website, after a proposal to build LowLine, the first underground park in New York City, met with mass media enthusiasm.

The concept has been slower to catch on in Canada, though, partly because Kickstarter remains inaccessible to those who lack access to a U.S. bank account. But anyone imaginative enough to raise money for a project from scratch can figure out a workaround.

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