[chatmasta]

The advice in this thread to "wait to form a company" is just flat out wrong. Form an LLC immediately. Use it to open a bank account, and use that to open a credit card. Use those accounts for every single thing you spend money on relating to this business.

Even if the project goes nowhere, you can use this account for other side projects you want to make money.

Accepting any money from anybody to your personal account is just stupid, and will make for a huge nightmare when you want to transition to being a huge business or paying taxes.