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Markets in everything: Venture capital for Art

December 17, 2009

Kickstarter allows artists to post details of a prospective project (including the necessary budget) and fans can offer to donate money.

The site offers “the Kickstarter DNA”: Rewards and All-or-nothing funding. Artists can offer rewards to certain donations (e.g. a donation of $30 gets you a signed album, $500 gets a private concert). And if the budget isn’t reached, nobody loses any money.

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