Feeds

Kickstarter kindly allows Brits to channel 95% of their money through it

Mass begging portal keeps the other 5

3 Big data security analytics techniques

Crowdfunding website Kickstarter started taking money for UK projects today - along with a five per cent slice of the action for itself.

The site, which lets users pledge money for products, movies, albums and other projects that can't or don't want to get bank funding, has been running just in the US until now. In return for their money, users typically get the product or a copy of the film, book or song - or are perhaps allowed to participate in the project, e.g. as extras in a movie.

So far, the site has raised around $343m (£211m) of funding for over 31,000 projects, which would give the firm revenue of just over $17m (£10.5m).

Kickstarter has also had over 40,000 unsuccessfully funded projects that raised $42m. If projects don't reach their funding target, the money goes back to the folks who offered it and the site doesn't get a fee.

Projects from Brit hopefuls have been loading onto the site since October 10, giving them three weeks to get their financial pleas to the site. UK projects will be listed in sterling, but users from outside Blighty can still pledge cash to them.

There are 199 projects currently listed from Britain, with London making up nearly two thirds, while Edinburgh is second with 18 per cent of the funding requests. ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.