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On August 30, 2014, the "Coolest Cooler", an icebox created by Ryan Grepper, became the most funded Kickstarter project in history, with US.28 million in funding, breaking the record previously held by the Pebble smart watch.In July 2012, Wharton professor Ethan Mollick and Jeanne Pi conducted research into what contributes to a project’s success or failure on Kickstarter.These categories, along with Games, account for over half the money raised.

The ten largest Kickstarter projects by funds raised are listed below.They also warn project leaders that they could be liable for legal damages from backers for failure to deliver on promises.Asked what made Kickstarter different from other crowdfunding platforms, co-founder Perry Chen said: "I wonder if people really know what the definition of crowdfunding is.A dock made for the i Phone designed by Casey Hopkins became the first Kickstarter project to exceed one million dollars in pledges.A few hours later, a new adventure game project started by computer game developers, Double Fine Productions, reached the same figure, having been launched less than 24 hours earlier, and finished with over million pledged.

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