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by cmod 2114 days ago
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.