Two Kickstarter Projects Raise $1 Million

LOS ANGELES —Yesterday, the crowd-funding site, Kickstarter, made news when two of their projects raised over $1 million!

Kickstarter's office gathers in anticipation of passing the $1 million mark. Image via Kickstarter.com.
Kickstarter’s office gathers in anticipation of passing the $1 million mark. Image via Kickstarter.com.

LOS ANGELES — Last night at 6:42 pm in New York, a Kickstarter project raised $1 million. Double Fine Adventure, a video game designed by San Francisco game designer Tim Schafer and his team at Double Fine Productions, is a downloable “point-and-click” graphic adventure game. Backers get both the game and a real time documentary filmed by 2 Player Productions as the game develops.

But it wasn’t the first project in Kickstarter history to generate a million one big ones. No, that honor goes to the Elevation Dock, a spiffy new iPhone dock which passed that milestone just four hours earlier. Something was in the air in Kickstarter land, as both projects zoomed past the the milestone and are currently ticking upwards into $1.5 million territory.

https://twitter.com/#!/timoreilly/status/167741234390106113

In a follow-up blog post, Kickstarter co-founder Yancey Strickler reflected on the incredible energy last night in the site’s New York office, as I tuned in via Twitter:

DOUBLE FINE HITS $1,000,000 IN JUST 24 HOURS!!!! After not having a single million dollar project in Kickstarter’s first two-plus years, there are suddenly two within four hours of each other.

Could an art project raise $1 million? Could something on the scale of Olafur Eliasson’s waterfalls, which cost some $15 million, be entirely crowdfunded one day? Both of the above projects, while compelling, are strongly tied to larger, more established entities like Double Fine and Apple.

https://twitter.com/#!/TimOfLegend/status/168018433508782080

But the fact that two separate, million-dollar projects could be funded on Kickstarter is an incredible sign of the site’s influence, especially as the New York Council aims to work with Kickstarter to spotlight and support community and business projects in the city. All of this sounds like great news for independent artists seeking alternative sources of funding.