Crowdfunding and crowdsourcing are certainly not new phenomenons, as this video from Crowdsourcing.org illustrates.
While there are hundreds of online crowdfunding platforms, Washington Filmworks has rolled out a dedicated page on our blog to share Kickstarter campaigns that meet our internal requirements, and reach out to us for assistance promoting their fundraising efforts. For the time being, we’re only sharing Kickstarter campaigns because these are vetted and offer certain protections to contributors; Kickstarter only releases contributions to projects that successfully meet their fundraising goal. Still, we recognize that many filmmakers choose to go through Indiegogo, and other platforms as well.
In June, an article on BETABEAT compared recent competition between Indiegogo and Kickstarter, revealing that Indiegogo funds more business ventures, while Kickstarter is still strongly focused on creative endeavors. Another major difference is that projects on Indiegogo aren’t evaluated by staff, while Kickstarter reviews applications in order to determine that projects meet its terms of service.
Kickstarter, Indiegogo, and other crowdfunding platforms are invaluable ways to access the power of the crowd in order to finance a film. How do you choose which platform to go with? We’d love to hear from Washington filmmakers on this.