Latest in Crowdfunding

Image credit:

Kickstarter simplifies the path to funding... or failing

Sponsored Links

A lot of Kickstarter campaigns sink quickly, even with the help and advice of the crowd-funding giant's Community Managers. But, if you're super confident in your project you can skip that feedback period completely with a feature called Launch Now. Not every project can squeeze through, however. Kickstarter relies on an algorithm that determines if a campaign is ready to launch. Meet the required data points and you can just choose to "launch now."

Letting you skip the normally lengthy period of advice, help and tweaking is fine for the cockier would-be entrepreneurs out there, but the company is simplifying the Kickstarting process for everyone. The rules for submissions have been boiled down to three core principles:

  • Projects must create something to share with others.
  • Projects must be honest and clearly presented.
  • Projects cannot fundraise for charity, offer financial incentives, or involve prohibited items.

That opens up the site to beauty products and software projects (other than resurrecting classic video games). So expect a deluge of exfoliating creams inspired by neighborhood inferiority complexes.

Source: Kickstarter
In this article: CrowdFunding, kickstarter, launch now
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share
Save

Popular on Engadget

Apple gets its WiLan patent payout reduced to $85.2 million

Apple gets its WiLan patent payout reduced to $85.2 million

View
Senator calls on Tesla to make Autopilot safety changes

Senator calls on Tesla to make Autopilot safety changes

View
The Morning After: Vine is back, but now it's Byte

The Morning After: Vine is back, but now it's Byte

View
Four Netflix originals are coming to the Criterion Collection

Four Netflix originals are coming to the Criterion Collection

View
Tesla update leaks some upcoming changes for Model S, Model X

Tesla update leaks some upcoming changes for Model S, Model X

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr