Is this Crowdfunding? How does that work?

Yes. This is a crowdfunded project.

Crowdfunding relies on the the crowd (that’s you) to help a dedicated team of people (that’s us) transform an idea into the coolest charging system available (that’s MAGFAST).

When you make a pledge toward MAGFAST products you set into motion an amazing process. Your pledge (along with many others) springs into action and is used to build the tools that make the MAGFAST family, manufacture and assemble the products you’re pre-ordering, and have them tested and certified and then packaged for shipping to you.