SINGAPORE - It's unlikely that anyone has not heard of how people on the Internet pledged over $55,000 so that one guy can make potato salad.
It's also easy to find reports of successful Kickstarter projects and even projects that have been backed many times over their target (like the local start-up Pirate 3D's 3-D printer, the hoverboard and "shoe closures", and the "invisible" umbrella).
But what happens to projects that didn't even get a cent on Kickstarter?
Well, there's now a graveyard for those projects - at Kickended.
Created by Italian artist and designer Silvio Lorusso, the site is an archive of Kickstarter's $0-pledged campaigns. It "is the place where campaigns with no backers live a second life. Free from the pressure of money raising, these retain the purity of abstract ideas" wrote Lorusso in the website.
As this is being written, there are 9,627 projects listed on the site. It doesn't sound so bad when you realise that there are over 100,000 unsuccessful projects on Kickstarter.
Kickstarter, started in 2009, has successfully funded 73,613 projects, with close to US$1.4 billion pledged.
CNet.com has said that a lot can be learned by looking through these failed projects. "Many lack a video, or feature a poorly made video. Some have cryptic, vague or short descriptions and no images to show you what the project is aiming for."