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Kickstarter might get you audited

“Crowdfunding isn’t a magic bullet,” Amanda Palmer once told the Daily Dot in regards to her blockbuster $1.1 million Kickstarter campaign.

“You can’t crowdfund without a crowd, and you can’t start a project from scratch and get people interested in it. You need to have some degree of reach and some small starting point. You need someone to send that link to.”

Since launching in 2009, Kickstarter has gone from a last-ditch resort to the method of choice for artists looking to fund their next creative endeavor. The platform has revolutionized the entertainment industry, allowing artists to turn directly to their online audience for financial support and, in doing so, freeing them from the pressure and restraints often associated with major-label contracts. In the last two years alone, more than $55 million has been raised for roughly 8,000 music-related projects.

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