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by jgg
4425 days ago
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Because you're funding a project that may or may not work out. The whole point of crowdfunding is supposed to be, "You give us money to develop an idea, and you might get a reward in return", not, "I'm paying you $35 for an order that includes a bumper sticker and a t-shirt with your logo on it." It's less like your carpenter example, and more like a VC firm dumping money into a startup. It's supposed to be speculative investment. Whether or not Kickstarter and others have decided to backpedal and pretend they have some kind of legal precedent for holding project owners to their word, in order to make their own business seem more legitimate than it is, is another story. |
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Many projects, where the project is highly speculative, provide explicit rewards and then an offer to get the benefits of the main project that's conditional.
Also, in what way is it not like an experimental house design using, eg, 3d printed concrete (in some new manner)?
There's a well established body of contract law about how to handle that kind of contract to build a house with a new technology, and the liabilities involved.