Kickstarter Expanding to U.K.
Crowdfunding site Kickstarter is crossing the pond.
Currently, all Kickstarter projects must originate in the U.S.--even though people from all over the world can lend a hand with funding.
But starting this autumn, Britons will be able to launch their own crowdfunding projects, Kickstarter revealed via Twitter yesterday: "People in the UK will be able to launch projects on Kickstarter starting this autumn! More info soon! <3 <3 <3"
Originated as a way to fund artistic projects, the crowdfunding site now has 13 categories, ranging from comics and art to technology and games. Funders have given $250 million in pledges overall since Kickstarter's launch in 2009--$100 million in 2011 alone.
The initial limitation to U.S.-based projects was because of Kickstarter's dependency on Amazon Payments, Giga Om reports--allowing for instant charging and cancellation of pledges when projects either meet goals or fail.
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