"Kickstarter aims to let creative people of all kinds -- journalists, artists, musicians, game developers, entrepreneurs, bloggers -- raise money for their projects by connecting directly with fans, who receive exclusive access and rewards in exchange for their patronage. Like Josh Freese and Jill Sobule, the site allows creators to have multiple tiers of rewards (e.g. $20 for the book, $50 for signed copy) with optional limits for each.
The model is simple: a project creator sets a fundraising goal, deadline, and an optional set of rewards for backers. If the goal's reached by the deadline, then everyone's charged via Amazon Payments and the backers get their goodies. If the goal's not reached, nobody's charged. It's all or nothing."
(via MP and Waxy)
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