Wednesday, October 23, 2013

Pre-financing websites for independent media/art/service projects

Spot.Us involves the community in funding journalism, and was founded in 2008 by David Cohn.

Kickstarter.com is "a funding platform for artists, designers, filmmakers, musicians, journalists, inventors, explorers..." A key aspect of Kickstarter and similar funding platforms is "All or Nothing funding."
On Kickstarter, a project must reach its funding goal before time runs out or no money changes hands. Why? It protects everyone involved. Creators aren’t expected to develop their project without necessary funds, and it allows anyone to test concepts without risk.
Here's a documentary movie project that I'm a tiny part of, which has used Kickstarter successfully.

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