The Fundamentals

All the answers to your questions

What is KissKissBankBank?

Kisskissbankbank is a crowdfunding plateform which helps you raise funds to realize your ideas and projects.

Our first interest is to create an alternative space dedicated to creativity, innovation, and culture. If you have a vision and courage, if you are creative, artist, humanist, inventor, explorer, filmmaker, journalist, designer, athlete, environmentalist, your project will find its place on KissKissBankBank.

Our second aim is to give the public the possibility to choose the ideas and projects that will shape the future beyond the mainstream trends.

Thus KissKissBankBank gives the opportunity to Project Creators to ask support from the public, their social networks or friends in a creative environment that legitimates their action. We also provide a legal and fiscal framework that brings trust and legitimacy to the relationship between Creators and Contributors. - Even more, we provide all the hi-tech-but-easy-to-use tools for creators and public to interact around the projects and beyond KissKissBankBank. * You will live from the inside the groundbreaking change Internet brings in the creation and innovation spheres: the mutation of the relationship between creators and their environment and the consecration of an actor with a new role in this game: YOU.

What is crowdfunding?

The most famous crowdfunding example is the 2012 presidential campaign of Barack Obama in the US for which 150 million dollars were raised by the public. What would have happened if Obama had lacked funds in the middle of its campaign (as his opponent did)? History may have been different. First event of its kind, it was not wealthy industries who shaped the victory of their candidate but millions of people who, on average, provided 80 dollars on Internet to bring the first Afro-American to lead the USA.

In the artistic world, John Cassavetes funded his first film SHADOWS in 1958 with contributions from his audience of several radio shows : "Pledge a movie that resembles you" he claimed!

Crowdfunding is thus a lever allowing the public to financially and collectively sustain an appealing idea or a project. KissKissBankBank aims at applying this model to all the ideas or projects we will find suitable.

Why contribute to this kind of project?

Your first motive must be the pleasure to bring to life ideas and projects that are meaningful to you.

You can also be motivated to live from the inside the execution of these projects.

Even more, you will be able to enjoy the compensations set by the creator in order to see the direct impact of your financial contribution.

The 'All or Nothing' rule?

Any project must reach at least 100% of the target set by the project creator in order to be granted the contributions of the KissBankers.

And if the target is not reached ?

In this unfortunate case, the KissBankers will be entirely and immediately reimbursed of their money – they will have nothing to do for this.

Is it comparable to a 'real' investment?

No. The Project Creators keep 100% of the intellectual property of their ideas. But most of the projects work on an exchange model: the Creators provide compensations for the contributions the KissBankers bring to the Project.

How does the reward system work ?

It is the project creators who decide of the compensations they will provide in return for the contributions of the KissBankers. Those will be provided once the campaign is successful in gathering the target amount for the project.

What is the Mentors Network on KissKissBankBank?

What is the Mentor Club? Mentors are organizations, institutions, media, brands who submit projects from their own communities (audience, members, etc).
They can also support projects on KissKissBankBank by providing funds or visibility to a project.

How does KissKissBankBank make money ?

As a platform service between the Project Creators and the public, KissKissBankBank will perceive 5% of the funds raised (only when the project target is reached). This commission is provided by the project creators. When the target of the project is not reached, all the money is reimbursed and KissKissBankBank obviously cannot perceive any commission.