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KICKSTART THE GOOD, THE BAD. AND THE UGLY
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h, the joys of crowdfunding. Discover a nice project, throw your money in the hat, wait a while et voila: At some point in the future nice stuff will arrive at your doormat. Or in your mail inbox. Isn’t this a great time to live in? Well, yes. But with regard to crowdfunding projects, it’s not always sunny in Retrofornia. So in this article we will take a look at what one of the biggest crowdfunding platforms actually provides – as there still seem to be many uncertanties regarding this – as well as look at some examples of
the great products that came out of it, and the ones that did not make it (yet, hopefully). So first of all, there is a common misunderstanding amongst Kickstarter backers. By supporting a project – and Kickstarter makes this very clear – one does not buy any form of equity interest and cannot force the project owner to release anything at all. Yes, you read that right. The ownership of the creative work remains with the project owner. Moreover, Kickstarter states very clearly that they are neither
