booB
Señor Member
With Kickstarter, what it is really up to is do you trust whom you are giving your money to to deliver on what they promise? For this, I'd trust a band that has delivered 4 albums to be able to deliver a 5th.
This. The only Kickstarters I have ever supported were established companies and media creators (such as Rob Thomas/the Veronica Mars movie) who were more likely to be in a position to follow through with their promised rewards. I would never give my money to some schlub off the street who had never run a business or made whatever thing he/she is attempting to make. If I was still consuming new music, I would more likely donate to Voyager's Kickstarter campaign than some random five guys in their parents' basement.
And yeah, investing in a Kickstarter is always a risk. There are many things that can go wrong that can change what someone delivers. That being said, I have yet to be a part of a Kickstarter that has failed, tho I do realize that there is always the potential to lose what I put in. It is always up to whomever is doing the investing to decide if it is worth the risk.
Actually, if a Kickstarter fails, none of the money gets collected. It's often worse to have the campaign succeed, because then often many of the payments don't go through and the amount dwindles, and then, even if the amount is "enough" to fund the project, things could still go south.
You're in the minority though. You know you're donating to the band, not necessarily EXPECTING something in return although you know maybe pitching in will help keep the band afloat and hopefully you'll get your reward as well - but most people are selfish, entitled, and fickle and all it takes is one band to go overbudget, or do something to transgress against what they promised because they have to to piss everyone off.
It doesn't take Kickstarter or another crowdfunding vehicle to make this happen. All it takes is a ballsy con-artist. Anyone remember Etheria? They were taking "pre-orders" at ProgPower USA 1.0 for a debut album that didn't exist, and then the band broke up soon after. I think some people saw refunds, but not many.