Crowd-funding/ pre-funding of journalism and documentaries

A fascinating experimented called BeaconReader.com, which lasted three years until it closed up shop in October 2016, pre-funded freelance writers and indy media by seeking donations from the public for specific articles or topics. The platform reportedly raised several million dollars in total for journalists.

Kickstarter.com is "a funding platform for artists, designers, filmmakers, musicians, journalists, inventors, explorers..." A key aspect of Kickstarter and some other funding platforms is "All or Nothing funding."

On Kickstarter, a project must reach its funding goal before time runs out or no money changes hands. Why? It protects everyone involved. Creators aren’t expected to develop their project without necessary funds, and it allows anyone to test concepts without risk.

Here's a documentary movie project that I was a part of, which used Kickstarter successfully.

Before Kickstarter was launched, the Robert Greenwald documentary on war-profiteering (Iraq for Sale) was PRE-funded mostly by small donors -- an example of grassroots financing of a work that had real impact.