I’m an honest guy but I see an easy way to scam on Kickstarter. Just come up with an Apple accessory that all the fanboys will blog about, pay about a $1000 for a nice computer animation, than ask for $20K. That’s $19K in profit.
Then just don’t deliver, or deliver some garbage product.
[QUOTE]—You are 18 years of age or older.
—You are a permanent US resident with a Social Security Number (or EIN).
—You have a US address, US bank account, and US state-issued ID (driver’s license).
—You have a major US credit or debit card.[/QUOTE]
Kinda pisses me off, but it means its less likely that you’ll do a smash and dash, and in all honesty if your accessory is that popular to begin with you’d probably be as well off actually doing it legit seeing as its already pre-sold and gotten exposure.
Its not “that” easy to invent something worthy of alot of people buying into it, if it was everyone would be an inventor.
That’s true, but there is no rule or anything saying you have to deliver or make good. So even though they have your personal information, there is nothing anyone can do if you decide to just keep the money.
As for your other point, that’s the whole motive of a scammer. Most good scammers could probably do something legit if they just put their mind to it, but they prefer scamming. Scamming is usually just coming up with a cool idea that most people like, then not actually doing all the actual work.
I’m not arguing with you or anything as it seems like most things on Kickstarter are legit, or at least they have good intentions. Is there anyone keeping track on how many actually follow through? I’ve followed a few projects and never saw anyone talking about the products they received. Is it 50%, 75%, 90% that actually deliver the product as promised?
All the articles I’ve seen define kickstarter “success” as reaching their funding goal. That seems weird to me, I thought “success” should mean actually producing what they claimed.
Edit: I guess some study says 25% of them deliver on time, the rest get “delayed”.
Anyway, sorry to get off topic. Back to the products
True that, but fraud is a Federal crime and you’d wanna be willing to take a hell of a lot of heat seeing as they would have all your personal details to begin with.
True that - I think they have done as much as they can to safeguard everyones interests without going completely nuts and asking for surrendering of passports or something.
Back on topic though …
One that really made good … Quneo
Some of their biggest successes are Watches and Watch Accessories though .. check this badboy
He got $400k to only make an adapter for using a microSD card in the SD slot! It doesn’t include an actual memory card.
And he keeps saying that it is adding memory to the computer when it’s just a flash drive (adapter).
It must be the British accent…
Damn! I didn’t see my chance to become a millionaire!
I’ve been using an SD card as a replacement for USB sticks and as an additional amount of memory for my notebook for years!
In my case the card’s size fits the card reader so no need to downsize the card.
Nope, I’m using a Sony Vaio. The card is a standard SDHC card. I have multiple cards (4) as there used to be times when memory was still a bit more expensive than nowadays.