Kickstarter turned two years old today and shared some stats that show just how important their fan funding platform has been to d.i.y. music and the new music economy. Overall $53,107,672 has been pledged and $40 million collected to fund 7496 successful Kickstarter projects. Of that, $13,094,547 went to fund music related projects.
Music was Kickstarter's second most funded category after film with $19,717,790 in funding. Ten of the 13 categories have seen more than $1 million in pledges and overall funding is growing rapidly.
About 13% or 79,658 of Kickstarter's 591,773 backers pledged to support more than one project on the site within the last two years. "This is a key number for us. It’s Kickstarter’s supply side," the company wrote along with the stats. "They’re people who don’t just back a friend’s project, they find something else to support. And sometimes fifty other things to support."
And Kickstarter is not alone in the fan funding space. Slicethepie, Sellaband and others have carved out a niche in a category that barely existed just two years ago.