Reply to post: Re: Risk?

£280k Kickstarter camera trigger campaign crashes and burns

Anonymous Coward
Anonymous Coward

Re: Risk?

It's a lot worse for IndieGoGo campaigns. At least Kickstarter require that you have a prototype and can prove the basics of your idea. IGG has become a haven for scampaigns as their rules are so lax and their campaign features make it a no lose for campaigners and scammers.

Take a simple example - think up an amazing product that everyone would love to have, really doesn't need to be even remotely possible just enough to fool people that it might be. For instance a holographic 3D TV projection. Get some great photo shop done.

Ask for a very large amount of money to fund the campaign but put it on flexible funding. Have money pour in but not reach your funding target.

Close the campaign saying that it didn't reach the target but you will explore other options and use the funding towards making it a reality.

Walk away with the money with no intention of making the product, easy work.

Could this actually happen? It has https://www.indiegogo.com/projects/bleen-3d-without-glasses

Other such scams - an impossible projection watch that has been allowed to continually collect money way after the campaign has close on their "forever funding" programme - $1.6million later with no real updates towards a prototype and no sign of them being serious about developing anything https://www.indiegogo.com/projects/ritot-the-first-projection-watch

etc

IGG just say - not our problem, you've donated to the campaign, any issues speak to the creator. They take no responsibility even after they have been informed over and over that it is a scam.

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