What's Kickstarter? One of a new set of fundraising platforms dubbed "crowdfunding", Kickstarter facilitates gathering monetary resources from the general public, a model which circumvents many traditional avenues of investment. People must apply to Kickstarter in order to have a project posted on the site, and Kickstarter provides guidelines on what types of projects will be accepted. Project owners choose a deadline and a target minimum of funds to raise. If the chosen target is not gathered by the deadline, no funds are collected (this is known as a provision point mechanism). Money pledged by donors is collected using Amazon Payments, and initiating projects requires a U.S. bank account. Learn more www.kickstarter.com
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