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Originally Posted by HarryT
How does this actually work? Do people promise to pay in advance for something if it's published?
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They set a goal, X amount of money raised by a certain amount of time.
If the goal is reached when the time is up, then pledgers get charged through Amazon for the amount that they pledged
So basically, the people running the project get the money (if they meet the goal, minus the Amazon and KS fee, which comes to about 12-13% total) once it's over.
Then, if you pledged, you have to hope the project you pledged to actually goes through and fulfills it. So you're taking a risk. There have been some (few) cases of the person taking the money and running, and one case where the project people ran out of money and had to start another kickstarter to finish.
But as it's mostly used for things that can't get backing elsewhere, it's a way of putting your money where your mouth is.
It's been used a lot recently to fund games by developers who were once popular, in game genres that were once popular. But not anymore, so publishers won't fund games.
Wasteland 2 most notably, a sequel to a game that came out 25 years ago, and a handful of adventure games from people who used to work for Sierra Online.