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Businesses The Almighty Buck

An Open Alternative To Kickstarter 124

angry tapir writes "Crowd-funding website Crowdtilt officially launched last week, expanding upon the collective fundraising model pioneered by Kickstarter to enable raising money for any project — even a beer blitz. Like Kickstarter, Crowdtilt allows users to create a fundraising campaign with a tipping point. If the effort falls short of the set amount, would-be donors are not charged. However, unlike Kickstarter, the platform allows users to "group fund anything." Users can initiate campaigns without first getting the approval of service administrators, which they must do on Kickstarter."
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An Open Alternative To Kickstarter

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  • by Anonymous Coward on Sunday February 12, 2012 @07:35PM (#39014493)

    I'm going to start a fundraising campaign to assassinate every world leader.

    In other news: Crowdtilt was just shut down.

    • by Anonymous Coward on Sunday February 12, 2012 @07:38PM (#39014511)

      Hmm. I think you will need a prototype to start getting donations. Maybe you could invest your own money in killing one world leader and release a video of it.

    • by plover ( 150551 ) *

      I'm going to start a fundraising campaign to assassinate every world leader.

      In other news: Crowdtilt was just shut down.

      Art Bell, is that you?

    • Hello, we are Russian mob... er investors, and are looking for way to laund... er raise money for many good cause, like helping Romanian prostitutes trying to get into film business and young Latvian programmers looking for equipment to write revolutionary new bank software. This seems like good solution to our crim... er investment endeavors.

    • I'm going to start a fundraising campaign to assassinate every world leader.

      Rep. Paul, I think you're taking your defeat in the CPAC straw poll a little too hard.

    • I think John Young from Cryptome nominated someone or was nominated for the Chrysler Award for an anonymous assassination pool where people would bet on the day an assassination would happen, presumably because they are the killer. Then they win the pool. Cryptoanarchy bitcoiny like idea y'know?
  • Spam ahoy!

    • by QuasiSteve ( 2042606 ) on Sunday February 12, 2012 @07:45PM (#39014531)

      I wouldn't worry so much about spam, but rather about frivolous projects.

      To see what other models are like, go check out...
      http://www.indiegogo.com/ [indiegogo.com]
      http://rockethub.com/ [rockethub.com]
      http://www.pozible.com/ [pozible.com]
      http://www.crowdfunder.co.uk/ [crowdfunder.co.uk]
      http://invested.in/ [invested.in]
      http://fundry.com/ [fundry.com]
      http://pledgie.com/ [pledgie.com]
      http://www.sponsume.com/ [sponsume.com]
      http://peerbackers.com/ [peerbackers.com]

      Then after you're doing reading through the hundreds of projects that amount to little more than "give me money because... well, just because.", you'll probably be glad that KickStarter does some, albeit a very superficial, checking of projects.

      Yes, KickStarter has its own problem projects that make it through the review process.. projektor (probably a scam), juicies (unrealistic funding vs rewards leading to a kid way in over his head), Googly Eyes (essentially selling an existing product for a premium).
      But they do try, and they explicitly disallow 'good cause' type projects, which are often the "just give me money" type projects.

      Nothing against 'good cause' projects when they really are for a good cause - people who need a prosthesis but can't afford one.. more power to then. But then there's the "I want to go on a trip to Europe"-types.

      I'd be more afraid of that sort of thing hitting crowdtilt, than spam hitting it.

      Also, for those who want a truly open alternative, set up a Wordpress site and go check out:
      http://ignitiondeck.com/id/wordpress-crowdfunding/ [ignitiondeck.com]
      http://wordpress.org/extend/plugins/crowd-funding/ [wordpress.org]

      • by QuasiSteve ( 2042606 ) on Sunday February 12, 2012 @07:59PM (#39014639)

        Replying to self - this site may have 'officially launched a week ago', but there's blog posts going back 11 months and projects going back not much more recent than that. Is this a Slashvertisement hoping to bank in on the Double Fine article from a few days back?

        Also... frivolous projects seems to be the core of this site - it might technically be 'an alternative to KickStarter', but it's far more an alternative to IndieGoGo or sponsu.me, just with a funding model similar to KickStarter's.

      • To see what other models are like, go check out...

        No, please don't. Those sites have worked VERY hard at advertising, so they would be named in the same breath as Kickstarter, but many of them have seriously not done their homework. The top two on your list don't even feature treshold pledge (the project creator can take any money raised), which shows they have zero understanding of the concept.

        Crowdtilt at least gets that right, but they haven't learned the lesson from fundable.org, the pioneer of this bus

    • by EdIII ( 1114411 )

      I was *just* thinking I could try to fund a Spam burger with large fries.

      Ooooh.. and a big bag of Chips Ahoy for desert.

      Anyone want to lend me $10?

  • No mods?... (Score:5, Insightful)

    by noobermin ( 1950642 ) on Sunday February 12, 2012 @07:37PM (#39014505) Journal

    That might not be a good idea. It could become overrun by scammers early on. The idealistic "libertarian" approach might work (overtime, scammers will be recognizeable as scammers by donors more easily) but by that time the site might be discredited as a haven for scammers by the majority of would-be donors

    • Re:No mods?... (Score:5, Insightful)

      by MrEricSir ( 398214 ) on Sunday February 12, 2012 @08:03PM (#39014669) Homepage

      The problem with that is it's really obnoxious. Ever try to sell something on Craigslist? Or find a job on there?

      Every time I've tried, 9/10 of the responses were scams. Not saying it wasn't pretty obvious -- Yeah, like you really want to pay $60 to ship a broken telescope and pay via Western Union? Please -- but it's more the annoyance factor. Who wants to wade through scam after scam just to weed out the real deals?

      On the flip side, you get false positives as well. Hell, I've had people on Craigslist accuse me of scamming for a variety of bizarre and incomprehensible reasons.

      No moderation system is perfect; but it's not hard to do better than a free-for-all.

      • Re:No mods?... (Score:5, Interesting)

        by Smidge204 ( 605297 ) on Sunday February 12, 2012 @09:36PM (#39015183) Journal

        I think the implications are a little more insidious. E-begging is one thing and there's nothing ethically wrong with that IMHO - at least people know you're just asking for cash to spend on yourself. But consider another possible scenario:

        Step 1: Post fundraising goal of $x for some really good sounding (but fake) cause/project. ("My 2-year-old daughter has leukemia and I've been out of work for six months...")

        Step 2: Wait for donations to accumulate

        Step 3: If donations fail to reach tipping point, put your own money ($y) in until it does - causing third party donors to be charged and funds released.

        Step 4: Vanish with ($x - $y) profit.

        Get something going on Facebook and you'll have thousands of people chipping in $5 or whatever no questions asked. Granted this is possible for Kickstarter as well (would need a different cover story), but with having each donation drive screened you hopefully have some due diligence going on to verify their legitimacy. Maybe.
        =Smidge=

      • No moderation system is perfect; but it's not hard to do better than a free-for-all.

        This, in response to an article about "Open Alternatives". I disagree. I believe the "free for all" approach to be superb, This is why I create Free Software (in both senses of the word "free") -- no moderation is required. Additionally, You can't be swindled out of your money if there's no money at stake. You see, there is already an "open alternative to Kickstarter", it's called doing stuff for free.

        • Wait, wait? You mean to tell me you leave your repo writable to everyone on the internet with no registration required?

          Because if you don't, then we're not talking about the same thing at all.

      • Hell, I've had people on Craigslist accuse me of scamming for a variety of bizarre and incomprehensible reasons.

        Are you a prostitute?

        [you answer "no"]

        Well, that's the reason then! (drrTISH)

      • by AuMatar ( 183847 )

        Every time I've gotten a response to a resume sent to Craig's List, it's been a legit job. Perhaps this differs by category (I'm a programmer), but I don't see many scam jobs- just the occasional person who thinks programming is an order of magnitude cheaper than it is.

    • by glwtta ( 532858 )
      I'm not even sure how to differentiate a scammer from a legitimate "give me money for this thing I want" campaign.
    • Moderation is a double-edged sword. Although there is the problem MrEricSir mentioned about Craigslist getting spammed, there is also the Slashdot problem. Causes that actually should get funding could be modded down because the project is hosted in China, or maybe hosted by a Black person or female, or is Christian-based, or whatever other stupid reason people get modded down. Someone would have to moderate the moderators. It would become a recursive mess that doesn't really help.

      It's probably better to ju

      • It would become a recursive mess that doesn't really help.

        Yes, it does help. It's far from perfect, but even a poorly thought-out moderation system beats nothing.

    • Scammers.. no kidding. This one [crowdtilt.com] literally reads like one of those nigerian emails.

      Not saying that one is a scam.. but how do we know the money was donated like he says. That he didn't skim a little for himself, etc.

      • Scammers.. no kidding. This one [crowdtilt.com] literally reads like one of those nigerian emails.

        Definitely not a scam. "Hagan" doesn't even sound Nigerian.

        But if it were real, would I want a co-worker to post my first name, last name, age, location, and the fact that I'am a single mom???

    • Re:No mods?... (Score:5, Insightful)

      by rgbrenner ( 317308 ) on Sunday February 12, 2012 @09:26PM (#39015117)

      Cloudtilt is missing this:

      A project is something finite with a clear beginning and end. Someone can be held accountable to the framework of a project — a project was either completed or it wasn’t — and there are definable expectations that everyone can agree to.

      That is from Kickstarter's FAQ [kickstarter.com]. A really important idea if you're going to be donating money to strangers over the internet. Either need a way to verify it (kickstarter) or a really great reputation (redcross).. otherwise you're just asking for scammers.

      • Just to counter your post a little...
        When KickStarter says that 'someone can be held accountable', they pretty much do not mean themselves. They mean whoever set up the project.

        From their FAQ, "Backing a Project":

        At the end of the day, use your internet street smarts.

        Who is responsible for making sure project creators deliver what they promise?

        Every creator is responsible for fulfilling the promises of their project. Because projects are usually funded by the friends, fans, and communities around its cr

        • Crowdtilt actually seems to do a bit more due diligence.

          That sounds nice.. but take a look at this project [crowdtilt.com].

          That's a successful project on crowdtilt. How did they verify that? How did they know it wasn't a scam. Did they talk to "Tiffany Hagans" and ask how much of that money she received? Did they even check if she was real? I doubt it. I'm not even sure how they could ensure it wasn't a scam and/or that the poster didn't take a portion for himself.

          At least on kickstarter, because the project has some sort of result that I can see, I would know if I was scammed.

          • How can they know for sure? They probably can't. Even if they did contact her, she might be coerced to lie about it.

            KickStarter projects usually end up with a 'thing' - physical, digital, a movie, a (n e-)book, etc. Which does make it easier to see if at least a project was delivered on - but you still can't know for sure that the person will deliver.. or that the 'thing' that will be delivered is 'as advertised'. That may as well be a 'scam'.

            But, yes, in terms of the types of projects allowed, Crowdtil

          • Rest assured that if the project creator didn't promote this in some other way than creating this page, he would not have received a dime. You can get on even Kickstarter's frontpage, but if you don't do promotion in other channels, your chance of funding is near zero.

            What is possible is that this collection is a result of a mass email to Hagan's friends (or the project starter's friends).

    • by Zadaz ( 950521 )

      Agreed. Kickstarter is already too permissive with its projects. I have seen projects that were physically impossible, or that 10 seconds consultation with an engineer would have reduced the instigator to tears.

      Now Kickstarter has made the problem slightly worse by requiring a "donation" to the project before you can post a public concern or complaint to the project's boards, but c'mon--a place where anyone can ask for money without oversight? If I want that I'll check my spam folder.

    • At that point, a bad reputation would be the least of LibertarianCrowdfunding.com's problems. You can very easily end up economically liable for facilitating scams, no matter how many rights you technically get customers to sign away.

      Also, scammers won't give a dime for biting the hand that feeds it. That's what happened to fundable.org, the first treshold pledge crowdfunding system (see my post above).

  • by Anonymous Coward

    As a non-American the thing that really annoys me about kickstarter is that its only for projects in the US. Does anyone know if this one will be any different?

  • How long before this gets used as an assassination market? Probably by using Craigslist style euphamisms (like "flower donations").

  • Kickstopper (Score:5, Funny)

    by Anonymous Coward on Sunday February 12, 2012 @07:54PM (#39014599)

    Kickstopper is what we really need. Thwart some bad ideas.

    • by Martian_Kyo ( 1161137 ) on Sunday February 12, 2012 @08:41PM (#39014873)
      I agree only I would call it the NutKicker
    • There was actually a blog type of site that ripped into KickStarter:
      http://kickstarterwatchdog.com/ [kickstarterwatchdog.com]

      But they haven't posted for over half a year and as far as I could figure at the time, this was just a sour grapes sort of guy.. upset that their own project was not accepted while others (which he claims to be akin to his) were.
      ( It has some valid points, but in the end the fact is that yes.. you're at the mercy of the site. Don't like it? Host your own crowdfunding site. Ironically, that's a Wordpress-pow

  • They're probably still bitter that Kickstarter didn't fund that arcade cabinet for Occupy Oakland. I won't give it too much time. Kickstarter is Kickstarter because it doesn't allow any Joe Schmoe with an idea to ask for money. You need a clear business plan. Your idea actually needs to have a chance to make money. If you don't make it on Kickstarter, that's a sign that your idea probably isn't good. Maybe this site will be good for the crazy ideas who have equally crazy backers. Only need a few people dona

  • Remains to be seen (Score:5, Interesting)

    by Anonymous Coward on Sunday February 12, 2012 @08:14PM (#39014729)

    I wish they'd improve on the way Kickstarter organizes the projects. I tried one a year ago and after two days my linked web site hadn't received a single hit. I wanted to wait a couple of days as an experiment to see what traffic Kickstarter itself generated before I started driving traffic myself. I checked the Kickstarter web site and I couldn't find my own project. I finally found it buried half a dozen pages deep in this generic new projects section and no where else. Basically it took some real digging to find it. The site is organized like iTunes. The favored projects get fronted and everything is buried with no hope of getting funded. I found it annoying since all they were contributing was hosting for their cut and if anything they were working against the vast majority of projects so they could focus funding sources for favored ones. After two days I halted the project and never tried again. The point is unless you personally can drive enough traffic to your project it has no chance and 90% of more of the projects posted are never given a fair chance. All they are providing you with is the structure and nothing else. I thought the site was there to promote projects but it's not it's there to promote projects that they think have a chance of getting funded or that the people behind the site like. There seemed no rhyme or reason behind the selections because most were obviously popular but some never received any pledges yet they were deemed worthy of a named section. If a section says film or books it should contain ALL of the film or book projects not just the darling projects. Most won't bother to look past the named sections because they would assume that's all there is and why wouldn't they?

    It's a good idea but like all things in life the insiders get the breaks and the deck is stacked against everyone else. Maybe this new site will do a better job and not become a source for the "in crowd" like Kickstarter turned into.

    • by QuasiSteve ( 2042606 ) on Sunday February 12, 2012 @09:17PM (#39015073)

      I already commented, so if somebody wouldn't mind modding parent up - that would be appreciated.

      It is very true that KickStarter doesn't really do anything in the way of promotion. The home page gets a few 'featured' projects, every once in a while they might feature something in their blog, but that's entirely the blog writer's fancy, and there's a 'staff picks' section. The rest of the site is pretty much automatically generated. So yes, new projects are not easily found by way of promotion from KickStarter.

      But KickStarter, like most of the peerfunding websites, isn't really there to recommend projects, or for people to discover projects (although KickStarter certainly does offer great ways to do so, from the 'recently launched' page (which would have included your project) to the 'ending soon' pages), but simply to host them.

      In fact, they probably couldn't. KickStarter gets the most new projects out of all of the peerfunding websites that I mentioned in the other post. How many? Well, on Saturday (I'm in the CET timezone), 111. They can't possibly 'promote' (by way of front-page feature or 'staff picks') all of them (which would defeat 'staff picks' as a section anyway) - never mind when you include any projects that were launched Friday... and Thursday.. and so on.

      So yes, they have to cherrypick.. projects they like, and certainly projects they think will be successful. I've pointed out in a completely different story that 1 in 5 projects in the Technology and Design sections are iDevice projects. There's rational arguments for why there are more of those to begin with, but those all lead to the equally rational argument that of course KickStarter would 'promote' those over other projects.

      Moreover, however, it's just not their job to 'promote' your project. Even if they did put your project on the front page, the only people who are going to see it is those who go to KickStarter directly - they're the people most likely to browse for projects as it is (and I do agree they need to make it more clear that clicking on the 'more popular projects' in a given section is what gets you to all of the projects in that section).
      And there it has to compete with anything else on the front page, nevermind in other sections.
      That's going to be a vastly less effective than if you promote your project yourself. You really can't expect to launch a KickStarter (or other peerfunding website) project and see pledges rolling in. You have to tweet, post to facebook, put up a website, make a kick-ass video (projects without videos tend to fare less well than those with video - people love video), etc. If you get your first backer - great, thank them with a private message, let them know that their pledge is appreciated and subtly hint that you would appreciate it even more if they told their friends about the project.
      If you hit milestones, post about that at twitter/facebook/whatever. If you're working on something for your project, place it in the Updates of your project.

      If you don't do any promotion.. then yes, there's little hope of your project getting funded. But you can't really blame a 'lack of promotion' by the peerfunding website for that.

      And if you think that crowdtilt will do better - think again; there you will have to rely even more heavily on doing your own promotion as there isn't even an index of projects (you get to see 6 randomly chosen 'recent' ones) and their blog is recently more about their site than about any campaigns on their site that they personally like.
      Maybe they'll improve the site after the /. attention, though.

      • by Anonymous Coward
        It'd be nice if they were better at sorting. Their "Discover" pages focus far too much on overfunded projects and completed projects (those projects are finished, why do I want to browse through those). You can search recently launched, or a category, but you can't search recently launched in a category.
        • by am 2k ( 217885 )

          I agree, the "recently launched" section is overflowing with art and music projects, which I don't care about. The other projects are just lost in the noise.

    • Re: (Score:3, Interesting)

      The point is unless you personally can drive enough traffic to your project it has no chance and 90% of more of the projects posted are never given a fair chance. All they are providing you with is the structure and nothing else. I thought the site was there to promote projects but it's not it's there to promote projects that they think have a chance of getting funded or that the people behind the site like.

      This seemed really obvious from my research. Their business model is to promote projects that will bring new donors to their site, not yours.

    • What annoys the hell out of me is that the "newly listed" section and the topical sections are mutually exclusive. Want to look at board game projects? Sure, here are a few staff picks or some most popular. Want to look at all of them? Want to look at new ones to get in early on something promising? Oops, clicking those links pulls you out of the board games category, and you have to wade through hundreds of other uninteresting projects to spot something in your category.

      That alone keeps kickstarter ou

      • True, they could do better in that regard.

        For what it's worth, if you want to look at all of them, go to a section page, scroll down to the 'popular' section on the page and click on the 'more' link. E.g.
        http://www.kickstarter.com/discover/categories/board [kickstarter.com] & card games/popular?ref=more

        Now scroll down until it's done dynamically loading content - there's all the projects in that section (not just the popular ones) that have been published.
        They're pretty much ordered from oldest project down to latest pr

        • It won't dynamically load for me... just sits and spins with "Please Wait". Ahh, for some reason I have to allow "Cloudfront.net" to run scripts on my computer in order to get content from Kickstarter. Stupid web 2.0.

    • by vadim_t ( 324782 )

      As an user, I find it's hard to find something to contribute to.

      I want filters and subscriptions -- notify me when something new in the "open source hardware" category becomes available. Notify when something new with "arduino" in it appears. Things like that.

      Instead it's a site that requires me to regularly search for stuff by hand, and which ocassionally sends mail 95% composed of stuff that doesn't interest me at all.

  • Greetings, friend. Do you wish to look as happy as me? Well, you've got the power inside you right now. So use it. And send one dollar to Happy Dude, 742 Evergreen Terrace, Springfield. Don't delay! Eternal happiness is just a dollar away. http://ctilt.it/kfab [ctilt.it] Because somebody had to.
  • by Anonymous Coward

    The idea behind this is that Kickstarter's editorial oversight is preventing good projects from being listed. Are they? What are the canonical examples of good projects being rejected?

    • From what I've seen, Kickstarter has a decidedly "artistic" bent, and projects deemed too "technical" are rejected.

  • by Anonymous Coward

    That's an odd definition of the word. I'll start referring to it as "open" when the rest of the world gets to participate.

  • A huh (Score:5, Funny)

    by ErikZ ( 55491 ) * on Sunday February 12, 2012 @08:36PM (#39014845)

    Sorry, that's just a bad idea.

    http://www.penny-arcade.com/comic/2011/5/23/ [penny-arcade.com]

  • by Anonymous Coward on Sunday February 12, 2012 @08:53PM (#39014947)

    Hey guys - glad to see our site's launch made it on here!

    It was also awesome to see IDG pick up our TechCrunch story/ and press release, but the title of the article is pretty misleading (as well as the first few paragraphs). All press is good press for a young startup (gives us a LOT of feedback early on as we continue to build out our site/service), however the story seems to imply that this is for Kickstarter type projects... The language, both in our press release and our site, is actually explicitly different from Kickstarter's.

    So just to clarify a few things for those that have asked questions:
    -Crowdtilt is more of a "Kickstarter for groups of friends" (where instead of a $30,000 project, your group of friends funds a $1,200 party bus or bachelor party or wedding gift).
    -It is for pooling money together, where instead of crowdfunding (many-to-one funding), it is more of a genre we call groupfunding (funded by the group, for the group)... I actually posted why we stuck with the name Crowdtilt over the other domain we own Grouptilt on Quora if anyone is interested.
    -The author made a bit of a misleading statement, where he said :"Users can initiate campaigns without first getting the approval of service administrators, which they must do on Kickstarter." -- Users can start campaigns without a wall set up by us, but we do look over campaigns, and use a few other Y-Combinator backed companies for fraud prevention and identification upon starting a campaign and disbursement of funds (as well as the several measures taken by our secure payment processor PoundPay).
    -The campaigns that use it for grandiose individual fundraising haven't done so well in our testing (it's not very likely for people on the internet to just fund an objective without having a clear connection to it).

    Any other questions, feel free to check our FAQs or reach out to us using our Live Chat or help client. Hope this answers a few.

    Thanks for posting the link to us!! Pretty huge day for something we've created (with tender, loving care) to make it on Slashdot!!

    James // Khaled
    crowdtilt

    • ... i'm the author of the post above (one of the founders of crowdtilt); just created an account to tie the above comment to.
      • Hi James,

        Thanks for taking the time to register an account and clearing up a few misconceptions.

        Crowdtilt does look very well-suited to the kind of campaign you mentioned; which I call 'frivolous' in other comments - that's just my opinion, shouldn't detract from its usefulness for those looking exactly for a platform to get a group of people together to pitch in for something that they, as a group, are looking for. I do think the site has the potential to become more of an alternative to KickStarter et al

        • by jjbeshara ( 2572837 ) on Monday February 13, 2012 @12:04AM (#39015977)
          Hi Steve,

          The comments have definitely had some great and thoughtful feedback we can take (including yours) and use in the continued development of Crowdtilt -- so, know it's being taken into account ;) -- especially the high demand for international expansion quickly. My background is actually in poverty alleviation (having studied development economics and worked in South Africa), and though we built the site originally with a 'Kickstarter for Charities' approach in ming, groups of friends started taking to the beta-version like wildfire; while the non-profits (the realm I knew and came from), would take weeks to start campaigns and would often require many meetings with administrators and boards (all the while, it kept spreading within groups of friends more and more - and they kept requesting features and giving insightful feedback).

          I mention this because, early on, we made a really conscious effort to take the development of the site where the users found most value, not necessarily where *thought* it would provide most value. And this just happened to be the direction our users wanted to take Crowdtilt. Though we'd obviously love the type of success Kickstarter has had, our first users began really responding to the idea of taking elements of crowdfunding models out there and providing them to groups of friends instead - and that is where we are today.

          If the user-base starts requesting a Kickstarter like model/experience, then that is the direction we would plan on taking it, but right now it seems private, smaller campaigns have been most valuable to users (the vast, *vast* majority of our campaigns are private/groups of friends that don't necessarily want their wedding gift, group vacation, or party-bus campaign to be browsed). It has actually been so overwhelmingly private, that we've wondered what real value the search has for users.

          Pardon the typos from the last post (also, did not know it was html friendly!), we've been going like crazy with the growth of the site since public launch on Friday morning. But feel free to reach out to us anytime through the site.

          -James
      • Good thing you did, we wouldn't want to think you were new to this social website business.

    • What you described is the impression I got from it. This actually comes at a good time for me to try this out, as the last 2 days I have been talking with friends and family and your site is going to make it easier. https://www.crowdtilt.com/campaigns/help-me-document-meeting-my-son [crowdtilt.com] They're happy 'cuz it's slowing me down a bit. :)
    • When will bitcoin be supported as a payment mechanism? Seems to be an obviously more "secure" payment system than this PoundPay system.
      • Or Solidcoin which fixes the security problems of Bitcoin.

        • No it does not : its creator has abandoned the project due to its limitations and it has a central point of failure, something bitcoin lacks.
          • That was quick, seems like just yesterday I was reading the launch announcement.

            • Because Bitcoin is an inherent monopoly - - once the system gets going it will become very, very hard to displace it with something that might even be technically better -- the inertial force of a few 10s of megabucks can actually do wonders.
  • https://www.crowdtilt.com/campaigns/help-me-document-meeting-my-son [crowdtilt.com] Lets see. If it actually goes through I'm going to have to go through with it, but it'll be something nice I can leave for him.
  • by future assassin ( 639396 ) on Sunday February 12, 2012 @09:01PM (#39014979)

    Wanna kick ass on RIAA? Set up a kick starter for legal battles or political lobbying,

    • Done.

      http://www.wethelobby.com/ [wethelobby.com]

      • And I must say that they aren't going well.

        Their two current causes (educating the House and the Senate about Internet and excluding corporations from using "people" laws) are underfunded and running out of time. Come on Slashdot, is your money where your mouth is?

        • by am 2k ( 217885 )

          Uh, educating the politicians is the wrong way to go there. The politicians are well aware of the facts, and either don't care or are paid to do what they're doing. Even those fully-funded $10k would be a drop in the bucket compared to the millions the supporting parties are investing.

  • They have no fees. They aren't tied down to Amazon payments. It looks like you can host projects from anywhere.

    It sounds great honestly. The biggest problem is that Kickstarter is already so embedded as the dominant site in crowdfunding, it may be hard for Crowdtilt to get traction.

    • KickStarter is mostly 'dominant' in terms of people's awareness - a few high profile projects there didn't hurt (especially the last few days, of course), and they know how to work the media.

      But it certainly doesn't have a monopoly, and Crowdtilt appears to target a fairly different sort of project (campaign). Even if it may never dethrone KickStarter (372 new projects over 3 random days), it may just find its own niche and instead nibble away at some of the other sites out there, such as IndieGoGo (164 ne

  • So I used the chat box at the bottom of the page and got this answer: [imgur.com]

    We don't release the funds until we verify the campaign. If the campaign is not legitimate, we return the money. [...] At the same time, we check it from our end. We just don't put up a barrier in the sign up process.

    That explains it.

    • Hah, no more open than Kickstarter then. But the founders did say that the summary was misleading, jjbeshara explained his intentions with the site above, to be more of a "kickstarter for small groups."

      But I assume if you pool money to buy weed in bulk it won't go through.

  • "Who can use Crowdtilt?

    Anybody in the United States!"

    Insensitive clods...
    • by wbr1 ( 2538558 )
      Then start one in your country. Simple. There are a myriad of reasons a company like this is limited to the United States, including tax reasons and scam reasons. If you don't like that brand of smoke, roll-your-own. Isn't that what the open source community is supposed to be about?
  • When is someone going to address the market outside the USA? Sure, anyone can contribute, but it requires an American to receive the funds.
    • If they let us non-Americans pay for stuff online we'll just use it for money laundering, don'tcha know :-P

  • Riding a motorbike downhill, in gear and then let the clutch out...

    Of course these days most come with electric start...

  • Sounds like it's even easier to set up scams now.

  • by Anonymous Coward
    Both sites have a critical lack of "Fund my Boob Job" projects.
  • ... they used Kickstarter to fund their new site?

  • Any platform that purports to be "open" cannot truly be open if its data is not in a distributed store (eg: Usenet) to which anyone can connect in a read-write mode (eg: Bitcoin).

    If a closed group maintains control of the data, it controls the platform's use and represents a takeover target by interests inimical to the purpose of the platform.

Our OS who art in CPU, UNIX be thy name. Thy programs run, thy syscalls done, In kernel as it is in user!

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