Quote:
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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JeremyR explains it but here's the simpler one:
It's a pledge. If you meet the financial goal of the project, the pledged amount is deducted from your account. If it doesn't meet the goal, no money is spent.
Usually there's a reward tier to give incentive people to contribute.
Depending on the project, I've seen them not meet its goal, while others have.
Also worth noting it has derivatives like Peerbackers and IndieGoGo. Mainly these alternatives because Kickstarter is a) limited to the US (you can't create a Kickstarter w/o being a US resident, and b) requires a US credit card (through an Amazon account).
I myself benefited from Peerbackers last year (World SF Travel fund) but others outside of the US swear by IndieGoGo.