What a concept

I came upon this website by chance. The premise is simple and cool. It’s called fundable.com and you can raise money for anything, really. I would like to open a web-based business. I don’t have an unlimited reserve of cash to draw on, however. If I can generate enough traffic to my fundable page and enough people pledge money, I can use the money to pay for a website. There is a time limit and if the goal is not reached by that time, the money is not collected. Payments can be made with PayPal. Couldn’t be any easier, huh? Has anyone heard of this concept? Has anyone used it? What was your result? There is an incentive: when I reach my goal, each donor will receive a limited edition fine silver charm… a win-win for all!

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