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Title: 2013-07-30 Kickstarter pulls “Bitcoin: The Movie” project two weeks after launch Post by: patricktim on July 31, 2013, 09:00:16 AM http://www.coindesk.com/kickstarter-pulls-bitcoin-the-movie-project-two-weeks-after-launch/
The movie, which was to be a documentary on the socio-economic impact of the currency around the world, was raising its money using Kickstarter, the popular four-year-old crowdfunding site, based not far away from the movie team’s own New York office. Andrew Wong, the entrepreneur behind the movie, launched the crowdfunding campaign on Kickstarter on July 16, and had scheduled the project to run until August 15, with a crowdfunding goal of $100,000. However, late last week, the crowdfunding site unexpectedly suspended the project. When Kickstarter pulled the plug, the movie had $15,896 pledged by 154 backers. Kickstarter works on an ‘all or nothing’ basis, meaning that money isn’t awarded unless the goal is met. |