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kickstarter

noun; compounding
Fundraising done online in which the launched idea or project on the site is permanently archived and accessible to the public
 
“Over the past week, Brook Drumm, an internet entrepreneur and workshop tinkerer in Lincoln, California, raised more than $155,000 in “kickstarter" funding on the internet from people who pledged money in exchange for one of his clever little Printrbot machines. Mr Drumm offers everything needed to assemble his basic 3D-printer for $500.”
Etymology : Compounding of the words "kick" and "starter" The name came from an online threshold pledge system for funding creative projects. The term is now more generally used.
Source : The Economist, November 3rd, 2011
Last modified: 3 December 2011


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