During these uncertain times a lot of people are asking us how the current COVID-19 pandemic is affecting the crowdfunding ecosystem. Are creators still launching projects? And are backers showing up to support them? We recently shared some results on how COVID-19 is affecting crowdfunding, and detailed why crowdfunding creators should still be launching new projects.
Moving forward, BackerKit is committed to updating our community on all the ebbs and flows within crowdfunding highlighting important patterns so you can make the best decisions possible. This week, we continue to see a consistent trend of new projects being launched and backers showing up to show their support.
To dig in a little deeper, we have also taken a look by the top three funding categories, starting with the largest:
As you can see, there was a big spike April 1, due to the Frosthaven launch, then a little dip into the weekend and back up again into the new week, which is a pretty normal pattern we’ve seen for days of the week.
We have also seen a steady amount of backers pledging to projects over the past few weeks in the design category.
And the same in technology, which is consistent with what we are seeing across the board.
We will be updating everyone as new developments happen, so bookmark this page and stay tuned.
If you want to check out how individual projects are doing, you can head over to the BackerTracker tool. There, backers can discover popular and soon-to-be successful projects on Kickstarter and Indiegogo, and creators can see how their campaign pledges are trending. You can learn more about how BackerTracker works here.
We are always sharing useful information and making tools that help creators and backers. We’d love to hear your feedback and/or receive any tips on patterns you see happening within crowdfunding. Please reach out at [email protected].