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Kickstarter is the best-known and most-used crowdfunding platform.
Question Ranking
Pros
Pro All-or-nothing model allows commitment with certainty
Knowing that there is enough funding will allow long-term budget planning. Knowing that there's not funding allows users to move on.
Pro Helps to promote projects
Potential pledgers are encouraged to browse Kickstarter much like Pinterest. While most of the funds will be generated by personal effort, Kickstarted certainly offers a good boost for those who need it.
Pro Popular site
Kickstarter is one of the most well known crowdfunding site. Over $1.2 billion has been pledged so far, with 10 million monthly visitors to the site.
Cons
Con 5% fee is applied to successful funding
Any successful crowdfunding operation run on Kickstarter will have a 5% fee. The payment processor will take an additional 3-5%.
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