Over the past decade, crowdfunding has gained an increasing presence throughout the community of content creators and entrepreneurs. In 2008, Indiegogo launched a crowdfunding platform at the Sundance Film Festival and has evolved as one of the leading players in funding independent film. Kickstarter quickly followed in Indiegogo's footsteps in 2009 and has established a front row position for many successful film projects, which currently account for $60 million of the over $200 million pledged through its art-based crowdfunding site.
The results of the Tribeca Film Festival crowdfunding campaigns serve as an excellent case study for future filmmakers pursuing similar projects. Filmmakers now recognize that setting realistic goals and desirable incentives through crowdfunding campaigns can make filmmakers' and fans' dreams a reality. In this new era, crowdfunding replaces large investors, known to exercise control and demand a share of the profits, with real people, their modest contributions and their newfound personal involvement in independent films, previously inaccessible to them. Although, Kickstarter and Indiegogo represent donation-based crowdfunding sites, investment-based crowdfunding sites provide additional opportunities for content creators and entrepreneurs.
Founded in 2010, the industry website, Crowdsourcing.org, is a neutral organization dedicated solely
to crowdsourcing and crowdfunding. As one of the most influential and credible authorities in the crowdsourcing space,
Crowdsourcing.org is recognized worldwide for its intellectual capital, crowdsourcing and crowdfunding
practice expertise and unbiased thought leadership.