Kickstarter.com is a online fund raising platform for artists, designers, filmmakers, musicians, journalists, inventors ... to test and realize their ideas.
Project creators can offer products, services or other benefits ("rewards") to inspire people to support their project: A hot-air balloon ride to the first person to pledge $300, an invitation to the BBQ for anyone who pledges more than $5, exclusive daily video updates for anyone who pledges more than $1. It's up to each project creator to sculpt their own offers and there's lots of cool ways to do it. (Want to see a great example? Google "Josh Freese")
People who pledge also receive access to all project updates (posts, video, pics, etc.). "Project Updates" is our fancy name for the project blog. Some project creators may post 10 updates a day, others may rarely post. Some may make all their posts publicly viewable, others may set all their posts as exclusive to their backers.
They're pledges because money is collected only if a project reaches or exceeds its funding goal before time expires. If a project's funding goal is $5,000 and only $4,999 is pledged when time expires, no money is collected. Zip, zero. Also, no rewards will be delivered. No funding, no rewards. Everyone walks away as if nothing happened.
Amazon.com processes all the pledges on Kickstarter. When you decide to make a pledge, we'll quickly take you to Amazon.com to confirm. If you have an Amazon.com account this takes only a few clicks. If you don't have an Amazon.com account, Amazon will ask you to register during the pledge process, but it's relatively painless. You won't need to do anything annoying (like stop in the middle and check your email).
Funding ends when time expires. At that point one of two things happens:
1. If a project has reached or exceeded its funding goal when time expires, all backers' credit cards are instantly charged and funds go directly to the project creator.
2. If funding doesn't succeed, all pledges are immediately canceled like nothing ever happened. That's it!
If a project is successfully funded, Kickstarter will apply a 5% charge to the funds raised. If funding isn't successful, there are no charges.
source: Kickstarter FAQ
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6 comments
what a great idea! i hope they will succeed!
very nice online service for entrepreneurs.
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it's great for young and startup entrepreneurs!
Wow! That is a really nice idea. Artists, designers, filmmakers, musicians, journalists, inventors should take advantage of this opportunity. It's a good one. Thank you for sharing this.
A good site for you guys to check out is text link adds, you should do a search in google and you will see what I’m talking about.
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