11/2/2022 0 Comments Kickstarter fees![]() ![]() Not having non-complete fees lessens the financial burden for many “starving artists” trying to raise funds. Some crowdfunding companies may charge you a fee for All or Nothing for whatever reason, but Kickstarter’s 5% fee is standard in the crowdfunding industry, although it’s on the higher end (typical fees are 3-5%). This is due to Kickstarter not charging donators anything if you do not complete your campaign. Since KickStarter offers an All or Nothing funding model, there is a 0% non-completion fee. Pledges under $10 have a discounted ‘micropledge’ fee of 5% + $0.05 per pledge. Stripe, their payments processor, will apply credit card processing fees of 3% + $0.20 per pledge. ![]() If your project is successfully funded, Kickstarter will apply a 5% fee to the total amount of funds raised. #Kickstarter fees fullA Rewards type means artists or creatives can retain full ownership of their project (or business). Project creators keep 100% ownership of their work, and being a rewards model, Kickstarter cannot be used to offer equity, financial returns, or to solicit loans. However, they often include a copy of what is being produced (CD, DVD, book, etc.) or an experience unique to the project, like meeting the creator or getting producer credits. The rewards vary from project to project. In addition, they also get to choose from a variety of unique rewards offered by the project creator. Backers (donators) support a project and get an inside look at the creative process. ![]()
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