Overview
Kickstarter and Indiegogo are the two most prominent crowdfunding platforms, with over $5 billion raised between them since their inception. Founded in 2009, Kickstarter has a vibe rating of 8, with a strong focus on creative projects and a strict all-or-nothing funding model. Indiegogo, launched in 2008, has a vibe rating of 6, with a more flexible funding approach and a broader range of project categories. While Kickstarter has hosted high-profile campaigns like the Pebble smartwatch ($10.2 million raised) and the Ouya gaming console ($8.6 million raised), Indiegogo has seen successes like the Form 1 3D printer ($3.4 million raised) and the Scanadu Scout health tracker ($1.7 million raised). However, both platforms have faced criticism over issues like project failures, delayed shipments, and lack of transparency. As the crowdfunding landscape continues to evolve, with new players like Fig.co and Seedrs entering the scene, the debate over which platform reigns supreme remains contentious. With over 150,000 projects launched on Kickstarter and over 800,000 on Indiegogo, the stakes are high, and the future of crowdfunding hangs in the balance.