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RE: Is Kickstarter Doomed? (spoiler: it is not)
Kickstarter is doomed. Much like blockbuster. The technology made it un-needed. It may survive like real estate agents, but its moral value is completely gone.
Which technology? Crowdfunding and blockchain started at pretty much the same time. And using a blockchain solution is much easier than changing from brick and mortar to online. I've had conversations with people from KS. They are definitely not blockbuster.
https://steemit.com/crowdfunding/@amirl/disrupting-crowd-funding-sites-with-steemit
This is a post where I explain why I think the current crowd funding sites are obsolete.
KIckstarter is not now, and never was, about micropayments or micro contributions. Not just because of fees and commissions but because, at the core of kickstarter, it's about products. The huge majority of people who support kickstarter projects pick as their reward the product being developed. This kinda makes your entire argument moot.
Now, I'm not saying Steemit isn't a viable option for crowdfunding. In fact, my last crowdfunding post was literally about how it IS a viable platform for it, despite issues that need to be sorted out.
Ok that is an important observation. So in Kickstarter people are investing by ordering the future product.
So the platform offering is a way to charge the customer only when the product is delivered. Is that enough value? Where is the funding for the platform coming from? Ah from the users and the producers. Now they can bypass and use a free platform, and even zero the transaction cost. Will they pay for some 3rd party to be reliable for the transaction? Why is the 3rd party trust worthy? Now you have a universal community with monetary based reputation. I think kickstarter model is obsolete. Again they might still profit, but they are sucking value and not contributing anymore.