OUYA Video Game Console - Fully Funded, More Units Still Available at $99

[yum123]

TadpoleJackson said:

yum123 said:
So how does this kick starter website work for the people backing the project. Does the revenue first received when the project go on sale get paid back to the backers then the makers keep profit or is it purely people generosity of donating and the creator keeps all proceeds

You donate the money, and then when you do you receive something based on how much you paid. You are more or less pre-ordering an item, but your money actually goes into making it. They don't take the money unless it is completely funded either, so if you pledge money on something that doesn't make it, they don't take a penny. I've funded a few things, comic books, and a CD, and have been very happy with the whole ordeal. 

Basically, it's a way to fund something that probably wouldn't see the light of day. 

Yea I realise that but whats the return procedure for the investor. from your comment I gather for this example all people who backed this project will receieve the ouya console for free or is it a % return from what you invested. what was your return from funding those projects.