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July 25, 2013 09:59 pm GMT

Where Does $122,874 Go After Its Kickstarter Is Canceled?

Money

Kickstarter is the go-to crowdfunding site for people hoping to launch ambitious and oftentimes niche projects. But it takes more than money to turn ideas into realities, and sometimes Kickstarter campaigns — even ones that raise more than three times their goal — fail. That's what happened to the now-appropriately-named board game, The Doom That Came to Atlantic City!

The Doom was by all accounts a successful campaign. It launched with a goal of $35,000 and crushed it by nearly $90,000. It had 1,246 backers expecting rewards ranging from branded desktop backgrounds and T-shirts to custom art from the game. In an update emailed to backers and posted on the project's Kickstarter site July 23, creator Erik Chevalier wrote: Read more...

More about Terms Of Service, Money, Crowdfunding, Kickstarter, and Cancellation

Original Link: http://feeds.mashable.com/~r/Mashable/~3/zR8Fkbmqlwc/

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