Well, to be honest and after reviewing it with my chief financial adviser (she's sitting here beside me) here's the plan: first of all - we have to be very careful with the model that it's a retail store. It's not! It's a CrowdFunding platform where people can speculate (and yes, that is the correct word) with their wallets on which decks will be the best value for their money, and indeed pick and choose amongst the awards that are offered by every project's campaign by CL clients.TGunitedcardists wrote:I would think that's the way to go too. A limited reward would just be purchasing from a item with a set amount of stock available. The hard part would move to how to limit people to a certain number.Sher wrote:I have very limited knowledge of coding, but could it be modeled similar to an online store? You just add the item to your "cart" and then pay?Mike Ratledge wrote:There's also no way to indicate that you want more than 1 of any item that I know of in any CrowdFunding sytstem - at this time. You can be certain that once we are up and running it will be on the short list of things to get done, but for now I need to concentrate my efforts in other areas of customization. I have limited resources and limited time at this point...
The rub is moving from the CrowdFunding paradigm over to the model where we're using what amounts to a shopping cart for each individual campaign, and letting people set limits on the number of each item available to one account, some being "1 per customer", some being "2 per person" as the example above, and some being "All you want!", basically. If someone wants to buy 4 bricks from one project and they have the resources to do so, why should or would we limit that? I see no good reason. The bottom line is that we need to have (literal) weights associated with every single item so that we can compute that shipping fee for every possible combination. Can we do that today? No. Can we do it at launch time? Not likely, but I suppose possible. Can we do it in 6 weeks or 6 months after launch? You bet your momma.
The fact is that everybody doesn't need to worry about having a US-based bank account, because they'll be tossing the funding into a separate account that we manage to escrow funds for production and fulfillment, and anything beyond that goes to the client. We'll have to figure out a way to make that work perfectly, because at first I can foresee that there will be issues with it, just bound to happen. Maybe disburse 75% of the overage 15 days after funding ends? That sounds reasonable to me, and that overage of 25% beyond what we project costs for production and fulfillment are held in escrow until the final payments are made - by the company - to the production and fulfillment partners. Now that USPCC AKA "Bicycle" and other brands is on board, we have the ability to see all quotes, and as anyone that has followed the conversation knows already, we are going to require every client to have quotes for production and fulfillment before they can even launch. Is that the way it's done now? Nope - in fact it's why people can rip money off and run with it, and never even have a clue what it takes to produce and deliver a product, that's life: people take advantage of the system any time they can. We're building in way too many safeguards for it to happen, because we're going to have their money until they deliver the items to their backers. Plain and simple - and this is not a challenge - I don't see how anyone can get around that. That's how we're going to offer "Guaranteed Delivery" for anything you pledge with a few disclaimers that we can't be held responsible for something that is never planned well and possibly can't even be made. We aren't the production partners, but we will know whether or not something is reasonable to start with, and those production costs are going to be a moving target as the artists/designers adjust their artwork and products to what the market demands.
Let's just look at Lorenzo's Heretic project's campaign: obviously I knew about the once mysterious "Brick XI" long before it was ever shown to the public. Is it something that's been done before? No, it is not. Is it something that he already had looked at by his production people and confirmed that it is 'do-able', or he wouldn't be offering it. Is it something that will set a new trend? I sure hope so, because every single thing you create that opens up a new territory for collectors is a good thing! Let's say for example that only 50 of those are ever produced. Will the value of them go up? Again, bet your momma they will - before they are even delivered. Are those awesome Heretic Noctis decks going to set another new standard for card decks? (see above) He has a way of gauging interest and a mind that grasps both what people want and within reason what he's capable of producing as well. You marry those two together and you have your second deck ever (technically the first) doing over $50,000 in funding - in fact it happened while I was typing: now $50,030