Kickstarter and indigogo funding?

[cloakedwand72]

Why is funding all-or-nothing?
All-or-nothing funding is a core part of Kickstarter and it has a number of advantages:

It's less risk for everyone. If you need $5,000, it's tough having $1,000 and a bunch of people expecting you to complete a $5,000 project.

It motivates. If people want to see a project come to life, they're going to spread the word.   

It works. Of the projects that have reached 20% of their funding goal, 82% were successfully funded. Of the projects that have reached 60% of their funding goal, 98% were successfully funded. Projects either make their goal or find little support. There's little in-between.

To date, an incredible 44% of projects have reached their funding goals.

Dos this mean they will not charge my card if funding is not met?Kickstarter sends a email if you pledge to a project and they give you a email and it says You Have Authorized a Payment to?Dos this mean they will still charge if the project goal is not met i am just curious?

[Webb]

Start reading at the top of the page, not the bottom.

If the project succeeds in reaching its funding goal, all backers' credit cards are charged when time expires. If the project falls short, no one is charged. Funding on Kickstarter is all-or-nothing.