What's the secret to crowdfunding success? Make sure you're appeal is live by Wednesday lunchtime

$1,000 pledged to Kickstarter projects per minute in 2014

More than half a billion dollars was spent on Kickstarter appeals last year, equating to $1,000 per minute.

The figures were released in the leading crowdfunding platform’s end of year report, which revealed that 22,252 projects on the site raised a total of more than $529m.

Of these, 1,980 were for video games – placing the games category as the fourth most popular behind music (4,009 projects), film and video (3,846) and publishing (2,064). Technology also proved popular, with 1,124 projects funded.

In total, $89.1m was raised for games projects, putting the category in third behind technology ($125m) and design ($96.7m). 

Games even accounted for one of the 12 most backed projects of the year, with medieval RPG Kingdom Come: Deliverance attracting 35,384 backers. Kickstarter also chose to use Ron Gilbert’s Tumbleweed Park as a highlight of the platform’s influence last year, claiming the site "brought a legendary games designer back to his roots".

Elsewhere, it was revealed that Wednesday was the most popular day for backers to make their pledges, accounting for 1.1m pledges. Early afternoon was the most popular time for people to back projects, with well over 350,000 pledges tracked between the hours of 1pm and 2pm.

More than 2m people backed projects for the first time in 2014, with 773,824 backing more than one appeal.

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