New to Kickstarter? Here's a quick overview.
By supporting a KickStarter project you're essentially pre-ordering product at a special price. Thus, by pledging a reward your helping the creator fund the manufacturing or production of their product.
Project creators keep 100% ownership of their work. And Kickstarter cannot be used to offer financial returns or equity, or to solicit loans. Some projects that are funded on Kickstarter may go on to make money, but backers are supporting projects to help them come to life, not financially profit.
Funding on Kickstarter is all-or-nothing. No one will be charged for a pledge towards a project unless it reaches its funding goal. This way, creators always have the budget they scoped out before moving forward. ... Backers are folks who pledge money to join creators in bringing projects to life.
By supporting a KickStarter project you're essentially pre-ordering product at a special price. Thus, by pledging a reward your helping the creator fund the manufacturing or production of their product.
Project creators keep 100% ownership of their work. And Kickstarter cannot be used to offer financial returns or equity, or to solicit loans. Some projects that are funded on Kickstarter may go on to make money, but backers are supporting projects to help them come to life, not financially profit.
Funding on Kickstarter is all-or-nothing. No one will be charged for a pledge towards a project unless it reaches its funding goal. This way, creators always have the budget they scoped out before moving forward. ... Backers are folks who pledge money to join creators in bringing projects to life.
