Here’s a cautionary tale for artists getting overexcited about the potential of crowdfunding. Games developer Warbird Games recently passed its $56k target to make a new game, raising $64k on Kickstarter. Only to find that a $10k pledge failed to be honoured. “After the exhilaration of passing our goal by almost $10k, I was expecting to spend the next few days getting ready to start production on the project. Instead, I spent them frantically trying to find out what was going on with the donation, whether we’d even get the other funds and glued to email for any news,” says developer Stacy Davidson. Which is not a reason for music artists to avoid Kickstarter; merely a reminder that until they are paid, pledges are just that: pledges.

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