My project to resurrect The 9pm Edict has reached the halfway mark on its way to the initial target — but comments from some supporters have led me to believe that I need to better explain the funding model.
I’m establishing a monthly funding, planning and production cycle for the podcast.
The current Pozible project is the first of what will be continuing monthly fundraising campaigns. When it ends on 29 April, I’ll know how much money is in the production pool for May — that’s all the one-off contributions plus the first month of the subscriptions. I’ll then be able to lock in the production schedule for that month.
Here’s how things looked as we started the day today.
The upper line shows the total commitments so far, and where that line ends up on 29 April will determine what happens in May.
The lower line shows just the cumulative subscriptions, and where that ends up will provides the starting-point for crowdfunding June’s budget.
I’ll run another Pozible campaign around the third week of May, probably ending around 21 May. That will set the production pool for June — that is, the subscriptions continuing from this campaign, plus any new subscriptions, plus any one-off pledges.
And so on around the loop every month.
Make sense?
Meanwhile I’ve continued to make daily progress videos. The next will appear this evening.