An article this long, and no mention of who it is? Feels strange to read this detailed investigation into the identity of “he who must not be named”, when the whole point of the article is the identity of the person.
A Swede who created a $400K Indiegogo-scam
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Re: A Swede who created a $400K Indiegogo-scam
#12An article this long, and no mention of who it is? Feels strange to read this detailed investigation into the identity of “he who must not be named”, when the whole point of the article is the identity of the person.
-Norwegian here - the Scandinavian countries in general have _very_ strong laws protecting the privacy of all citizens.
A consequence of this is that defendants in criminal cases are very rarely named by the media until convicted, if even then.
Re: A Swede who created a $400K Indiegogo-scam
#13If you find the concept interesting, the same type of thing is available today at a lower price from e.g. https://curaofsweden.com/produkt/cura-pearl/ - no need to risk a Kickstarter order and delays.
Re: A Swede who created a $400K Indiegogo-scam
#14Earlier quoted context omitted.
It will, metaphorically, if a lack of funding will kill the product (or prevent it from ever being made). Crowdfunding is a financing option, complete with the part where the financiers are exposed to risk.
It's a rubbish financing option. The financers on average don't seem very good at comparing their little upside to the risk they're taking.
The ones I hear talking about their sponsoring, is that they know full well. I hear phrasing such as "shooting some money their way in case they succeed" and "it's an interesting project, let's hope for the best".
Re: A Swede who created a $400K Indiegogo-scam
#15> and raised in total $800.000 million from approximately 5,000 backers from around the world. I assume this is a typo? Or did a blanket raise almost a billion dollars?
I get a lot of ads on Instagram to products that lead you to Kickstarter/Indiegogo sites.. and they seem to always have 6-digit dollar amounts in backing. What I've read is, that's also fake, like asking your friend to bid on your auction on eBay, they just make a second account, pretend to back the product, and poof, "See, it's a popular product!".
Do the platforms get a percentage from each backing? If so, we can see why they don't care if the product is real or not...
Re: A Swede who created a $400K Indiegogo-scam
#16Earlier quoted context omitted.
It's a rubbish financing option. The financers on average don't seem very good at comparing their little upside to the risk they're taking.
The ones I hear talking about their sponsoring, is that they know full well. I hear phrasing such as "shooting some money their way in case they succeed" and "it's an interesting project, let's hope for the best".
It's pretty damn stupid, know it or not.
Re: A Swede who created a $400K Indiegogo-scam
#17An article this long, and no mention of who it is? Feels strange to read this detailed investigation into the identity of “he who must not be named”, when the whole point of the article is the identity of the person.
-Norwegian here - the Scandinavian countries in general have _very_ strong laws protecting the privacy of all citizens. A consequence of this is that defendants in criminal cases are very rarely named by the media until convicted, if even then.
In Sweden, this is not a consequence of any law, but by common journalistic practices. Media are protected by constitutional writings that extend very far in terms of the sender's rights to publish. However, Swedish media also has a long tradition of keeping themselves to de facto standards when it comes to things such as identifying individuals.
It would have been _very_ weird to see this person named on Breakit.
Re: A Swede who created a $400K Indiegogo-scam
#18Aren't these platforms meant to protect against this kind of scam?
Re: A Swede who created a $400K Indiegogo-scam
#19Aren't these platforms meant to protect against this kind of scam?
According to the FAQ question "Can Kickstarter refund the money if a project is unable to fulfill?" the answer is no.
[1] https://help.kickstarter.com/hc/en-us/articles/115005048173-...
Re: A Swede who created a $400K Indiegogo-scam
#20Indiegogo and Kickstarter are doing a very bad job at screening applicants.
At least something obviously physically impossible should've been cancelled.
They are burning their credit of trust.