Kickstarter initially acquired Drip again in March of 2016, although it was launched six years in the past by Sam Valenti IV and associate Miguel Senquiz. The crowdfunding platform hasn’t finished a lot with Drip because it was acquired, however that’s about to vary. Drip is a crowdfunding software that permits folks to subscribe to a creator and provides them month-to-month funds. This is in distinction to the Kickstarter mannequin, which is to pledge cash to at least one single challenge. Drip now features very like Patreon does, with a few options that units it aside.
Currently, Drip is in a restricted beta interval, and is invite-only for creators. It will open up for extra artists early subsequent 12 months. At the second, a complete of 61 artists have subscription pages.
“We’re at the very beginning stages,” Kickstarter co-founder Perry Chen instructed TechCrunch. “I think there are a lot of people that haven’t seen the tools that currently exist as fitting for their practice. There’s been a good amount of ground gained with serial content creators, and I think the question is can a broader group of content creators find this kind of model as something that can work for them. We’re trying to see if we can have an impact in this space, and honestly, the more the merrier.”
Kickstarter requires creators to get totally funded inside in a sure period of time. Drip doesn’t function this fashion, nevertheless. Instead, the person account will stay energetic irrespective of how a lot cash has been pledged. The platform encourages extra folks to affix and subscribe by permitting creators to select from anyplace between seven and 30 days for funders to develop into founding members. They will likely be rewarded with particular perks if they can pledge inside that point window.
With Drip, you’re additionally in a position to transfer funders and tasks over to a very totally different crowdfunding platform with ease. This helps to promote the concept Drip is completely all-in so far as supporting creators and artists. “We’re not basing our success or failure primarily on growth,” Kickstarter’s new chief product officer, Jamie Wilkinson, instructed The Verge. “It’s about, are we succeeding in our mission? Are we helping creator projects come to life?”