A Swede who created a $400K Indiegogo-scam
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Re: A Swede who created a $400K Indiegogo-scam
#2Re: A Swede who created a $400K Indiegogo-scam
#3Another one in the long line of either over-promised or outright scams on Kickstarter/Indiegogo.
The oldest one I saw got almost this much funding and that was back in 2012! https://www.kickstarter.com/projects/zioneyez/eyeztm-by-zion...
Every time one of these projects fails to deliver, I'd guess that another set of people get put off crowdfunding.
Personally my approach has been never to back a project by a first time creator, unless I already know their work from elsewhere, doubly so if it's for a physical product.
Re: A Swede who created a $400K Indiegogo-scam
#4Waiting to pay for a product until it actually exists won't kill you.
Re: A Swede who created a $400K Indiegogo-scam
#5I wonder if he's the same Swede behind this attempted scam - http://www.redferret.net/?p=55945
Re: A Swede who created a $400K Indiegogo-scam
#6> 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?
Re: A Swede who created a $400K Indiegogo-scam
#7Waiting to pay for a product until it actually exists won't kill you.
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.
Re: A Swede who created a $400K Indiegogo-scam
#8> 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?
[deleted]
Re: A Swede who created a $400K Indiegogo-scam
#9> 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?
https://www.kickstarter.com/projects/322231573/zen-blanket-t...
==> SEK 4,149,969 or $460,4330 USD
https://www.indiegogo.com/projects/zen-blanket-the-blanket-f... ==>$806,268
so in total $1,266,728
Re: A Swede who created a $400K Indiegogo-scam
#10Waiting to pay for a product until it actually exists won't kill you.
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.