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# Kickstarter Hits Crowdfunding Milestones but Successful Music Projects Lag
- URL: https://www.hypebot.com/kickstarter-hits-crowdfunding-milestones-but-successful-music-projects-lag/
- Published: 2013-10-23T13:45:00.000Z
- Updated: 2013-10-23T13:45:00.000Z
- Description: Five million backers have successfully funded more than 50,000 projects on Kickstarter, the company has announced, cementing their place as the world’s top crowdfunding platform. Projects on Kickstarter have a 43.8%. Continue reading [https://www.hypebot.com/hypebot/2013/10/kickstarter-hits-crowdfu
- Author: Bruce Houghton
- Tags: DIY Advice & Tips, Music Business, Music Marketing, arts, business, crowdfunding, Hypebot, Indiegogo, kickstarter, music, PledgeMusic, #wp, #wp-post, #Import 2026-01-21 10:43

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Five million backers have successfully funded more than 50,000 projects on Kickstarter, the company has announced, cementing their place as the world’s top crowdfunding platform. Projects on Kickstarter have a 43.8% success rate and $720 million has been passed on to fully funded campaigns. Music projects, however, did not always raise impressive sums.

Just over 45% of the 24,500+ music projects on Kickstarter have been successfully funded. Almost 11,000 of the music projects, however, raised under $10,000 ($1000 – $10,000); and only 27 have raised $100,000 or more. 565 projects raised between $20,000 and $100,000; and another 1555 raised only $10,000 to $20,000.

For all of the hoopla, music projects on Kickstarter are successful for a select few; but not the masses of musicians that the press often implies.

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