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To quote https://www.kickstarter.com/terms-of-use https://www.kickstarter.com/terms-of-use "When a project is successfully funded, the creator must complete th
by raesene9 8y ago
To quote https://www.kickstarter.com/terms-of-use https://www.kickstarter.com/terms-of-use
"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. "
if a kickstarter has symbolic rewards, then sure that's fine.
But otherwise it's a contractual obligation to provide a reward in exchange for money. Not a donation, not an investment.
- Retric 8y agoA bond is a contract with specific terms and an investment at the same time. The only real difference between a kickstarter and a bond is handing back money vs handing back something other than money. Well, granted interest payments don’t compound.