Tuesday, November 10, 2009

A new Idea on the Internet: Funding Platform

Kickstarter.com is a brand new internet idea. People can sing up and create fundraising projects on their website. You can simply describe what your project is and how much "pledge" you need within how long you're going to achieve the goal. Moreover, you can also offer some rewards for people who donate to your project.

How does it work?
Funding ends when time expires. At that point one of two things happens:
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. If funding doesn't succeed, all pledges are immediately canceled like nothing ever happened. That's it!

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