It’s Tuesday, oh yes it is, and I hope you all have had a very good week so far. My apologies for not getting back to the comments on my post last week – I was struck down by what we on this side of the ocean call ‘lurgy’.
In my travels through social media over the past little while, I’ve run across the concept of authors using crowdfunding to raise money to publish their books. Crowdfunding, according to Wikipedia, ’describes the collective effort of individuals who network and pool their money, usually via the Internet, to support efforts initiated by other people or organizations.’
As its popularity has increased, so too has the number of websites devoted to helping creatives crowdsource. One of the most popular is Kickstarter, which describes itself as ‘a funding platform for creative projects. Everything from films, games, and music to art, design, and technology . . . Since our launch on April 28, 2009, over $350 million has been pledged by more than 2.5 million people, funding more than 30,000 creative projects.’
Many indie authors have successfully used this method to publish their novels — GalleyCat features a new Kickstarter project every week, and Jason Boog recently wrote a column on how to successfully crowdsource. Still, I have to admit that something about this method makes me feel rather . . . uncomfortable. I agree it’s a valid way to raise much-needed funds and that no-one is twisting any arms for people to donate, but something in me would feel beholden to create a project I know the donors would enjoy, and I wonder if the pressure would impede my creativity.
And what if the donors didn’t like the end product? Would they demand their money back again?
It will be interesting to see how this new reader-driven model will evolve, and if authors will eventually come to resent having to answer to their donors the same way traditionally published authors often resent being controlled by publishers.
Have you tried crowdfunding? Would you? What do you think of this model?