OSS Funding through Fundable

John Pratt writes "FredCK, developer of the popular FCKEditor, recently raised $600 from supporters through Fundable to port his open source HTML editor to Safari. Fundable is a new site that lets groups of people pool money for specific purposes, like software features. Unlike generic donation dropboxes (such as PayPal buttons), if a group's targeted collection isn't reached after 2 or 4 weeks, everyone gets a complete refund." Newsforge has a piece discussing the site as well.

Comments

funny how i see paypal and moneybookers but...

[root-kun]

the official fck website doesnt list fundable.org as a donation channel. I just see paypal and monkeybookers.
The idea of fundable.org is good, especially since paypal is so miserable to work with, but when dealing with large money transfers, I would expect to know what kind of financial backing they have, and how reputable they are. I dont see any of that information on the page.
I must say though, posting a donation link on the slashdot main page is a tad bit of advertising for my taste, even if the project is good (which it appears to be)

I would much rather see a bonded Escrow house

[gte910h]

This should be a bonded escrow house. If its not, you'd be a fool to trust them with your money. Also, they should offer escrow services (Where the money is not disbursed until it passes some test). --Michael

Re:Like Linux Fund

[ZephyrXero]

What we need now is a site that combines the ideas behind Google's Summer of Code with this new site...

As far as LinuxFund goes...maybe we need to setup a new site (spreadlinux.org maybe?)that has users submit advertisements and promotional/awareness campaigns and then once they're approved by the community, they setup a Fundable account to pay for it...Kind of like SpreadFirefox and their New York times ad, but on the next level...