2 page paper Essay Example | Topics and Well Written Essays - 500 words

2 page paper - Essay Example Since commencement in 2009 over $1billion has been promised to fund over 50,000 creative projects (Trump). This is overwhelming prove that Kickstarter campaigns are and efficient way of funding creative projects. This essay discusses gives the pros and cons of Kickstarter campaigns are an effective way to finance creative projects. At the start, Kickstarter campaigns were simply viewed as a platform of helping start up theatre companies and artist to raise the amount of money that is sufficient to get their projects up and running. Surprisingly, over time these campaigns have proven to be an effective way of raising money for well- known artists and projects (Cebulski 78). For instance, in 2012, a video game guru, Tim Schafer had aimed at making $400,000 but eventually he made $3.36 million. Additionally, Amanda Palmer, a musician had set a goal to make $100, 000 on a music album but ended up making more than $1 million (Trump). In spite of the immense success enjoyed by the kick starter campaigns in funding creative projects, there have been cases of failure leading to increasing criticism from skeptics. It has been observed that in the long- run, Kickstarter funded programs fail to materialize and get unto trouble. However, this failure can be attributed to the Kickstarter model that takes into account the two examples discussed above (Cebulski 78). Palmer was criticized for asking for help from local musicians after her big break while Schafer stated that his project was headed to exceed its budget. This leads to the conclusion that those that contributed to the Kickstarter projects were fooled. On the other hand, it is important to bear in mind that those that support Kick starter campaigns are not looking to invest or get the greatest value for their money. The logic of the Kickstarter campaigns is understood once an individual understands that the concepts follows the concept of a gift not that