Kickstarter (Tries) To Clarify Things September 20 2014, 0 Comments
Crowd-funding behemoth Kickstarter has updated its Terms of Use.
So, why should you care?
They're attempting to clarify what happens if a project fails to happen and/or the creators run into trouble finishing it (or delivering it).
From their site:
When a project is successfully funded, the creator must complete the project and fulfill each reward. Once a creator has done so, they’ve satisfied their obligation to their backers.
Throughout the process, creators owe their backers a high standard of effort, honest communication, and a dedication to bringing the project to life. At the same time, backers must understand that when they back a project, they’re helping to create something new — not ordering something that already exists. There may be changes or delays, and there’s a chance something could happen that prevents the creator from being able to finish the project as promised.
If a creator is unable to complete their project and fulfill rewards, they’ve failed to live up to the basic obligations of this agreement.
Basically it seems Kickstarter is trying to cover their butt and avoid legal action from disgruntled backers, which is fine - but it's also clarifying and reminding folks about how the process works (or should work) - which is a good thing.
So now that you understand the rules... go raise some money for your next film AND make sure to finish it (and also deliver those reward autographed copies of the script)! :)