Make money kickstarter scam reddit

When the Internet got wind of a Kobe Beef jerky, thousands of carnivores heaved cash at a L. The only issue: neither the company nor the product was real. Unfortunately, stories like this aren’t uncommon in the pages of Kickstarter’s short history. Here are the six worst violators of our crowdfunding trust. Beef jerkey made from Kobe Beef? They found several sketchy details surrounding the company and published their findings in a lengthy Reddit post. Soon after, the fraudulent suspicions went viral, and users began to flag the campaign. LUCI promised to bring lucid dreaming to the masses. Instead, they brought nightmares. For now, lucid dreamers will have to keep dreaming. Little Monster Productions lied in nearly every way possible to try getting an action video kuckstarter funded.

Would appear that nothing was done until the last possible moment to suspend this campaign. Be sure to read the KS comments—they show the backers got the pledges back, but they don’t know why. First, english is not my first language, so be kind : but you can tell me where I made errors to help me improve. But what surprised me the most was the short expected shipping date : the campaign end on the 10th of february and they expect to ship in march. In one comment, they admitted that it was more likely to ship by the end of march than the begining but still it was the first red flag. On the other hand, they want to wait for the end the campaign before charging the international shipping costs and they seems pretty high which is in line with the product. So far they also tried to answered every question asked i’m not the only one concerned about the campaign. Please, understand that I’m willing to back up a project and accept that it busts if it’s because of good faith errors that’s the concept of kickstarter. Regarding the LikeBike scam that was recently posted here: Is there someone taking legal action already? Who of you is also affected? What is your current view on this? I am interested in organising e. I already took action with german customer protection and was guided to other instances. I backed for multiple bikes at once and thus lost a lot of money.

Interesting video about some of the shady things that go on behind the scenes of a crowdfunding campaign. Jump to.

Kickstarter and Taxes

KickStarter is great for many projects, our hardware startup GardenSpace was not one of these. This post is a recount and how-to of our campaign pre, during, post and why we refunded the money. If you are considering running a campaign, or simply have an interest in how a KickStarter campaign works, read on. The first, and most important, consideration when planning a crowdfunding campaign is the platform you choose to run your campaign on. Apart from fees, the most important difference between platforms is the audience.

The documentarians also pointed out the comments from people swearing that they’d tried and loved the jerky all came from relatively new accounts that had backed only failed projects. It had racked up a whopping 3, backers. Homepage image courtesy of Flickr, Tarale Draws! These are your 3 financial advisors near you This site finds and compares 3 financial advisors in your area Check this off your list before retirement: talk to an advisor Answer these questions to find the right financial advisor for you Find CFPs in your area in 5 minutes. Then, last Thursday, all backers received an email indicating the project had been cut. SmartAsset Paid Partner. Search Search for: Subscribe to Blog via Email Enter your email address to receive future blog posts in your inbox.

Quartz reports that, if successful, this would have been the most prevalent heist in Kickstarter’s four-year history. Brian, thanks so much for your input. In the case of Kobe Red, they very nearly got away with it. From the page:. In a long post on their own site about their role in exposing the Kobe Red scam, the «Kickstarted» team says they reached out to Magnus Fun with an interview request for the film, and Magnus Fun went back and forth for a bit before promising instead to send footage from a recent taste test in California. And when a Koney user raised concerns in omney campaign’s comments section, Magnus Fun didn’t really try to defend. Apparently mmoney is very common for Kickstarter games and projects. Operated by a group called Magnus Fun, Inc. Reddit is the most puzzling conglomerate of communities I have ever come across… my game has a fairly unique theme that raises strong interest in people with animal protection and conservation close to heart. Los Angeles-based filmmakers Jason Cooper and Jay Armitage had been researching for their documentary project, Kickstartedwhen they first discovered Kobe Red. But Magnus Fun also raised a few eyebrows. Another red flag: the video filmed a sloppy slideshow of generic Kobe make money kickstarter scam reddit images, and again, was completely void of the project’s founders. Search Search for: Subscribe to Blog via Email Enter your email address to receive future blog posts in your inbox. Viktor: That one always seemed odd to me.

Kickstarter is an American public-benefit corporation [2] based in BrooklynNew Yorkthat maintains a global crowdfunding platform focused on creativity. People who back Kickstarter projects are offered tangible rewards or experiences in exchange for their pledges. In JulyStrickler announced his resignation. Kickstarter is one of a number of crowdfunding platforms for gathering money from the public, which circumvents traditional avenues of investment.

A how-to of running and refunding our KickStarter campaign — GardenSpace.

If the goal is not met by the deadline, no funds are collected a kind of assurance contract. The web pages of projects launched on the site are permanently archived and accessible to the public. After funding is completed, projects and uploaded media cannot be edited or removed from the make money kickstarter scam reddit. There is no guarantee that people who post projects on Kickstarter will deliver on their projects, use the money to implement their projects, or that the completed projects will meet backers’ expectations. Kickstarter advises backers to use their own judgment on supporting a project. They also warn project leaders that they could be liable for legal damages from backers for failure to deliver on promises. Asked what made Kickstarter different from other crowdfunding platforms, co-founder Perry Chen said: «I wonder if people really know what the definition of crowdfunding is. In our case, we focus on a middle ground between patronage and commerce. People are offering cool stuff and experiences in exchange for the support of their ideas. People are creating these mini-economies around their project ideas. We focus on creative projects—music, film, technology, art, design, food and publishing—and within the category of crowdfunding of the arts, we are probably ten times the size of all of the others combined. On June 21,Kickstarter began publishing statistics on its projects.