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I heard about Kickstarter on a podcast interview with board member and contributor Andy Baio recently, and I am blogging about it as soon as I could. It's a way to get micro-investors for just about any project you would like to carry out, but can't afford to. Andy's project is to create an 8-bit tribute to Miles Davis called "Kind of Bloop".
From Andy Baio's blog: Kickstarter Launches!
Kickstarter aims to let creative people of all kinds -- journalists, artists, musicians, game developers, entrepreneurs, bloggers -- raise money for their projects by connecting directly with fans, who receive exclusive access and rewards in exchange for their patronage.
If you want to raise money to build an iPhone app, make a run of t-shirts, or print a book, you can do it with absolutely no risk or up-front costs. If there's enough demand for your idea, you'll be able to sell every copy before you've spent a dime.
Kickstarter also offers publishing tools, where creators can post project updates with audio and video, either publicly or for backers only. For projects without a physical reward, exclusive updates could be a great incentive for people to get involved.