Quote:
Originally Posted by murg
Here's the big problem with this Indiegogo campaign: it's set up for Flexible Funding, which means that they get all the money pledged, even if they don't hit the goal.
So they have to sell enough units to be able to get the manufacturer to make the custom units, or they can't deliver. Or, if the device is a stock device, they have to sell enough units to hit the minimum order from the manufacturer.
This is not a Group Buy. In an Indeegogo campaign, you are not buying anything, you are 'contributing' money, in the hopes that you get a Perk. There is no guarantee that the Perk will be delivered.
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That is actually rather scary.
And now I wonder why anyone backs this.
For a campaign that rests entirely on how much they can raise (how do you deliver a product that has no recipe other than "raise enough money via a campaign to be able to purchase this") you do NOT want to gamble on a Flexible Funding campaign.
It's not like they will be able to do *something*, if they don't meet a certain target.