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by dpix 2114 days ago
Isn't there some amount of trust in backers using kickstarter that the funds are returned if they don't reach their targets?

While this looks great, it seems like you are donating directly to the creators. Are people willing to hand over their money that easily?

2 comments

I believe this value proposition was more important at the start of contemporary crowdfunding (~2010), in order for folks to trust crowdfunding. As I note in the Craigstarter README:

> The lack of goal-triggered payments is probably the biggest "downside" to Craigstarter. Technically, I believe you can have charges be authorized on checkout, but only pushed through on "shipping" — allowing one to approximate the Kickstarter experience on Shopify. However, these charge authorizations are short lived, and this would only work (as far as I can tell) for quick campaigns.

> That said, many Kickstarter campaigns are run as promotional tools more than strict fundraising tools, with the intent by creators to ship no matter what. In theory, one could set a minimum goal on Shopify which, if not met, would trigger a manual refunding of all backers (minus the ~2.8% processing fees). Robin Sloan rigged up something similar with his 2020 Sloanstarter campaign.

> In the end, if you have an audience, and you have reasonable baseline goals, then the issue of "raising enough funds" for a project launch is often not an issue.

With Kickstarter, the credit card isn't even charged until the campaign's over.