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PayPal has announced plans to eliminate its Purchase Protection coverage for customers who give money to crowdfunding projects. The new policy takes effect on June 25th, 2016, and says “payments on crowdfunding platforms” are ineligible for protection. The broad move could be a response to the well-documented frequency of fraud on crowdfunding platforms — one […]
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The CST-01, the “world’s thinnest watch,” has seemingly been dead in the water since last summer when the company behind it, Central Standard Timing, posted their last update declaring that Flextronics had decided to back away from the project. The company first sought funding on Kickstarter, where its promise of an incredibly thin e-ink watch […]
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Dear Zano backers: We’ve heard from many of you in the wake of the Zano project’s failure, and we’ve been reading your comments. Like you, we’re extremely frustrated by what’s happened with this project. We learned the news of the Zano bankruptcy the same way that you did — through a bare-bones project update. We […]
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Possible Scam Crowdfunding Site Created to Dupe Unwitting Donors. SilverAlms a donation crowdfunding site claims to be the “Worlds First Charity Crowdfunding Portal”. But is it really? The site appears to be a clone of crowdfunding campaigns from other platforms such as Indiegogo and GoFundMe – created to take advantage of the unwitting. The […]
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With Yogscast canceling their Kickstarter, Danny asks why they’re trying to avoid responsibility, and what happened to over half a million dollars of backing.
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Hey Kickscammed Reporters, we have a guest post today from a postgraduate student working a dissertation about crowdfunding. Please fill out the survey linked here and share with other backers. This could be a great opportunity for exposure. “Hello, my name is Dami and I am a postgraduate student at the University of Southampton, United […]
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http://alloyeverything.com/ Alloy Everything is a machine shop that helps design and manufacture a lot of Kickstarter campaigns. So far both KeyonPod and Triumvir Pen are both not delivering rewards and claim to have gone through the same manufacturer. There is no consistency with reported issues from project creators, just that there are delays due to […]
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It’s been an interesting week for YouTube outfit Yogscast. Over the weekend, their “YogDiscovery” revenue share program kicked off a discussion about the ethics and legality of YouTube promotion and disclosure. Now they’ve announced that Yogventures, a Kickstarter project in development by Winterkewl Games, has been cancelled. “As you may have heard, Winterkewl Games have stopped work on Yogventures […]
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Jesse Grillo has run countless scam Kickstarter projects. He has taken over $20k and used stolen work to do it. His scams have been covered by Bleeding Cool a number of times. http://www.bleedingcool.com/2013/04/14/jesse-grill/ http://www.bleedingcool.com/2013/08/19/jesse-grillo-pulls-all-kickstarter-projects-for-bleeding-ink-productions/
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May 18th is the anniversary of what most would consider to be the landmark moment in Kickstarter’s history, with The Pebble E-paper Watch raising a whopping $10,266,845 to become the most funded project in Kickstarter history. This May 18th, I’d like every single one of you to post, comment, and tweet about the 1.5 million […]
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