I suppose this means that I/you/we can expect even more emails alerting us to Kickstarter project campaigns.
The bright side is, especially for people like myself who write about the this stuff, the pool from which we extract the projects we write about, will be wider; so something to look forward to.
The funding platform known as Kickstarter has so far been limited to only USA-registered projects; not anymore, as Kickstarter UK is born.
Here are the details directly from Kickstarter (good luck to all our UK-based readers – I know there are a lot of you – who are also content creators; I’m looking forward, albeit with some trepidation, to receiving all your emails alerting me to your various project campaigns):
Beginning October 31, people in the United Kingdom will be able to launch their projects on Kickstarter. However, beginning today, people in the UK can get started building their projects by clicking on the “Start a new project” button on the Start page and selecting the UK as their country. When we’re ready for projects to launch on October 31, we’ll send an email letting them know that they can hit the launch button whenever they’re ready.
Let’s run through the basics on how things will work.
So UK creators can start building their Kickstarter projects as early as today, and launch them beginning October 31?
Yes. We thought the three-week gap would give everyone plenty of time to build and tweak their projects before launching. Beginning October 31, they can launch and share their projects with the world.
Will there be a UK-specific Kickstarter site?
Nope. UK-based projects will be listed alongside all the other Kickstarter projects.
Can people outside the UK pledge to UK projects?
Yes! Just like every other project on Kickstarter, backers can pledge to UK-based projects from all around the world.
What currency will UK projects be listed in?
All UK projects will be listed in pounds sterling. If you are pledging from outside the UK, you will see the approximate conversion rate to US dollars before you complete your pledge.
Will backing UK projects be similar to backing US projects?
The mechanics of Kickstarter (all-or-nothing funding, rewards, etc.) are identical for US and UK projects. When pledging, however, backers of UK projects will enter their payment information directly on Kickstarter rather than through Amazon Payments. All pledges will be processed securely through a third-party payments processor.
Are the fees for UK and US projects the same?
Like the US, Kickstarter will charge a 5% fee to successfully funded projects and no fee to unsuccessfully funded projects in the UK.
Payment processing fees for UK projects are similar to those for US projects. For UK projects, the processing fees are:
Pledges less than £10 are charged 5% + £0.05 Pledges of £10 or greater are charged 3% + £0.20
Any other changes to go along with this announcement?
Today we also launched a streamlined international shipping option for both US and UK projects.
Creators have been asking backers to add international shipping costs to their pledges for years, and it wasn’t uncommon for backers to miss the instructions. Today’s update makes it clearer when the creator has requested that international backers add an additional amount to their pledges.
We’ve also made it easier for creators to limit rewards to domestic backers only, as international shipping can be a difficult part of the process.
We felt it was important to get this change out with this international expansion. This feature is available to both UK and US projects that launch starting today.
We’re really excited! This is the product of months of work by our team, and we want to thank them for their hard work. Thanks as well to all the UK creators who have patiently waited for this day. We can’t wait to start backing your projects. Thanks so much!