For a bit over 5 years, I’m more or less regularly participating in Crowdfunding campaigns. Most of the stuff is geeky technology or gaming things, but there were also art, music or fashion projects.
Kickstarter alone counts 89 successfully backed projects. Of those, these actually failed to deliver anything to me so far. (By that, I mean that I have actually given up any hope of receiving any useable product, to the point where I don’t expect to get anything at all):
- "Pulse" Fudge dice ($15) The concept looked nifty enough. Alas, the creator apparently misjudged the difficulties of dealing with overseas manufacturers and eventually just gave up and disappeared. Sad, but really a not much of a loss. I kinda feel bad for the chap as I got the impression that he really tried.
- Spinward Traveller TV Pilot ($15) Another fifteen bucks I won’t see again. The campaign spammed me with adverts to buy model space ships for further financing, showed me some badly edited scenes (apparently all actual filming got finished at last) and then amused me with links to pages where someone really got a hate‐boner for the creator about allegedly constantly scamming potential TV production investors. I don’t know about that, at least something got done as far as I know…
- MagNeo Adapter ($59) I am a bit upset about this one. It was supposed to deliver a mag‐safe like USB‐C adapter, but nothing has arrived so far at my doorstep and those who did receive something report that it’s shoddy and useless. The after‐campaign updates suggest that the creators just ran into way more manufacturing problems than they expected, so instead of bad faith, I just ran into a bit of incompetency — which is always a risk with crowdfunding campaigns.
- Intelligent Security Camera Cover (35 CHF) Ah.. this looked so easy and foolproof, but it got endlessly delayed and is now being shipped at an agonisingly slow rate — if at all. Hope Xavier had a nice time skiing. Yes, I strongly suspect a scam here, especially as there was an companion Indiegogo campaign and the creator netted half a million in all and now keeps complaining about lack of funds…
So… that is about 130 loss out of over 6.000 Euro I sank into crowdfunding over the years. About 2%, not too bad if I look at it that way.
Of course, there were also a few campaigns that only sort of delivered. I got the product, and it does what it says on the tin, but not well enough to be actually useable. (I'm looking at you, Lima.)
All in all, I’m pretty relaxed about crowdfunding by now though. There are a few projects that just take way longer than I ever expected, but the creators keep updating, explaining and communicating with their backers, so I’m not really worried. And projects like Matter, Secret Hitler, Scythe, Kung Fury and wonders like The Wrylon Robotical Illustrated Catalog of Botanical 'Bots really made the whole crowdfunding experience fun and rewarding for me. And how else would a project like the IT Barrier Tape come to life?