‰  NOW 13 WPM  ‰  TEXT IS FROM JULY 2014 QST PAGE 61  ‰

MARVELOUS CREATION.  WHO WILL GIVE ME MONEY TO MAKE MORE?  THERE ARE
HUNDREDS OF CROWDFUNDING WEBSITES TODAY AND SOME, SUCH AS KICKSTARTER WWW.
KICKSTARTER. COM, HAVE ALMOST BECOME HOUSEHOLD NAMES.  INVENTORS SHOWCASE
THEIR PRODUCTS OR PROTOTYPES ON THESE SITES AND REQUEST FUNDING.  OF
COURSE, PEOPLE IN THE ONLINE CROWD BETTER KNOWN AS BACKERS ARE PROBABLY NOT
GOING TO SEND MONEY WITHOUT SOME SORT OF REWARD, ALTHOUGH IT CAN HAPPEN.
THERE IS SUCH A THING AS DONATION BASED CROWDFUNDING WHERE THE BACKERS
ƒ  QST DE W1AW  ‰
RECEIVE LITTLE MORE THAN A THANK YOU.  MORE COMMONLY, REWARD BASED
CROWDFUNDING REWARDS BACKERS WITH A MONETARY KICKBACK IN EXCHANGE FOR THEIR
PLEDGES.  THE BACKERS MAY ALSO RECEIVE THE FINAL PRODUCT FREE OF CHARGE.
IN THIS CASE, THE MONEY PLEDGED IS SIMILAR TO PAYING FOR A PRE ORDER OF A
PRODUCT.  THEN THERE IS CREDIT BASED CROWDFUNDING ALSO KNOWN AS
CROWDLENDING IN WHICH THE BACKERS CONTRIBUTE MONEY IN EXCHANGE FOR
‰  END OF 13 WPM TEXT  ‰  QST DE W1AW  ƒ