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The mechanics behind Pieces, explained simply.

• Assurance Contract vs Kickstarter: What Is the Difference?

  Kickstarter is a simple assurance contract. A dominant assurance contract adds a bonus for backers when a project fails. Here is how the two compare and where Pieces fits.

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• What Is a Bonder on Pieces?

  A bonder stands behind a creator by staking money up front to help a Piece reach its goal, earning a creator-set kickback if it funds and forfeiting the stake to backers if it does not. Here is how bonding works on Pieces.

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• What Is a Dominant Assurance Contract?

  A plain-language explainer of dominant assurance contracts: how they work, why backing becomes the rational choice, and how Pieces uses them to fund digital content.

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• What Is a Pre-Information Market?

  A pre-information market is a market on a creative work that exists before the work is public: creators lock content, bonders stake confidence, and backers fund its release. This is the category Pieces created.

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