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by Touche 4077 days ago
It seems like it would be better if crowdfunding sites didn't give you the entire lump-sum up front but instead gave it to you incrementally as you completed pre-defined milestones.

So if you have 8 milestones you get 1/8 of the money up-front and then each time you achieve a milestone. If you take twice as long to achieve that first milestone and run out of your initial payment.... welp then you have to go back to the community and ask to renegotiate the arrangement.

1 comments

Sounds like a solid plan. The backers could be given the option to vote if a certain milestone is met or not.