Kickstarter is off to a running start this year. As Alexis Madrigal reported, the crowdfunding platform saw its first two million-dollar projects in one day, within four hours of each other, and a third reached that benchmark this past Monday. Earlier this month, people on the site pledged more than $1.6 million in a 24-hour period, more than doubling the previous record, which had been set the day before. Now, Carl Franzen of Talking Points Memo is putting that cash flow in perspective. He reports that the company is expecting to bring in $150 million in funding total this year -- more than the $146 million provided by the National Endowment for the Arts, the federal agency charged with supporting the arts (many Kickstarter initiatives are art projects of one kind or another).
To read the full, original article click on this link: Kickstarter Expects to Provide More Funding Than the National Endowment for the Arts This Year - Rebecca J. Rosen - Technology - The Atlantic
