Kickstarter as a platform is a great initiative as long as the platform does more than collecting money. I have also been scammed in the past by the MIITO team. A group of German young entrepreneurs who lied the complete campaign mentioning that they only required money for the production cycle. It appeared that they never had a working product. They raised a total of 800 thousand euros!!! As expected they run away with the amount and all the 6 thousand backers stayed empty handed. We have done anything but it did not help. What really struck me is the way Kickstarter allows these scams. At the moment that a project is successfully backed, Kickstarter takes their portion of the money and transfers the whole amount to the entrepreneur. I mean at least send the fund in portions and request for updates every month.. They never check what these “entrepreneurs” will do with the money and Kickstarter never ever takes the responsibility. They never check if the story of the entrepreneur is correct (in our case MIITO definitely lied as they never had a product in the first place). Kickstarter also provides zero after service. The report button gives you some hope that Kickstarter is there for you. But they never come back to you. I mean why should they, right? They already got their portion of the scam money. As long as Kickstarter does not stand up against the scammers, lots of people will be scammed. Unfortunately this is the new way for crooks to get their hand on hard earned money of the brave citizens and Kickstarter is very happy to help them..
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