Crowdfunding, the process of collecting funds from the public to support a project, is about to become a lot more accessible.
FundBreak is a Sydney-based crowdfunding web platform created by Rick Chen and Alan Crabbe and seeks to help fund creative projects by enabling anyone to set up their project to receive funding through crowdfunding.
Users outline their project on the website and set both a target fund amount and a date by which they need to have the money. If they receive the required amount of donations by the set date FundBreak takes a cut and the project receives the funding. If they don't, all donations are returned to the respective donors.
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