When I saw the link to Smash Fund in the Kicksnarker Community on G+, I didn't think much of it.
Watch the video. It's short. Apparently, coffee is 5 bucks a cup...
Look, it wants to be a social media platform, a crowdfunding platform and a multi level marketing platform. How sweet!
Then I dug in a bit more and I realized it was insanely awful. Of the level on can only assume is meant to be a joke but probably isn't.
So, what is your cost and what do your backers get?
Yep, you can lose money on crowdfunding and cut out the middle man.