Can Kickstarter be trusted?
Kickstarter is responsible for providing a safe and reliable platform for our users. This includes creating clear rules for creators and backers who use Kickstarter, and monitoring our site for compliance with those rules.
What are the risks with Kickstarter?
More than 75% of hardware projects on Kickstarter fail. When backers are excited to get their product, any delays will disappoint, frustrate, and possibly worse. Obviously, no one starts a crowdfunding campaign to fail or weasel people out of money.
Is it safe to use debit card on Kickstarter?
You can use a debit or credit card associated with Visa, Discover, JCB, MasterCard, UnionPay, or American Express. Discover, UnionPay, and JCB cards are currently only accepted for US-based projects. We do not currently accept Maestro or Visa Electron cards.
Do Kickstarter backers get money back?
As Kickstarter does not offer refunds, we encourage backers to investigate the project idea first, to vet the creator thoroughly, and to assess the inherent risk of the project for themselves before making a pledge.
Can you lose your money on Kickstarter?
Kickstarter operates on a All or Nothing Model, which means if you meet your funding goal, you get all your money. During the duration of the goal, no money is deducted from backers, so no one loses money. It’s only after the campaign goal is met that money is deducted from backers.
What happens if Kickstarter project is overfunded?
Sometimes when a project is overfunded, it lets the creator put that money back into the project to create something better for the backers and themselves. Creators may also choose to offer add-ons, allowing backers to select additional rewards, and ultimately get more out of the project.
Do you lose money on Kickstarter?
Do you have to pay back Kickstarter money?
Funding on Kickstarter is all-or-nothing. If the project falls short of its funding goal, no one is charged. If a project is successfully funded, Kickstarter applies a 5% fee to the funds collected. And Kickstarter cannot be used to offer financial returns or equity, or to solicit loans.
How does Kickstarter make money?
Kickstarter makes money by taking 5% of the total amount of money that is funded on the site. Those who want to be funded get a group of backers to donate to their project and then promise the backers with an incentive or reward.
Can you back a Kickstarter project after it ends?
If the project has ended and pledge collection has started it is no longer possible to cancel. Additionally, it is not possible to decrease or cancel a pledge during the last 24 hours of the campaign if doing so would drop the project below its funding goal.
Can Kickstarter make you rich?
Kickstarter won’t make you rich, but it gives you the an affordable ticket to the creative world, where artists, designers, and entrepreneurs are able to make a living off their creations. You can get your product into the hands of REAL people and get feedback.
Should I use my real name on Kickstarter?
No, you can signup with the name you like, even your project name. When publishing your project you will be required to add your ID card and bank account. These info will be hidden to all kickstarter and other users.
Is it safe to back a product on Kickstarter?
Kickstarter does not support backers where issues arise. You will get no help. Simply avoid the platform and choose your products carefully from local suppliers or reputable international merchants. This review is based on the last two Kickstarter projects I have backed. They will be the last.
Do you need to have trust in Kickstarter?
Being a creator or backer on Kickstarter requires trust in each other and in our platform, so we’ve outlined the responsibilities and information each of us needs in order to participate. It’s Kickstarter’s responsibility to provide a safe and reliable platform for all of our users.
What kind of customer service does Kickstarter have?
Horrendous customer service! Customers receive support about projects he or she either wants to back or is having any pre purchase doubts, everything works fantastic until you back the product and they literally just say the contract is between creator and backer.
What to do if you get scammed on Kickstarter?
Kickstarter as a company will do nothing to help if you if you are ever scammed. Throw money in the ocean instead. Kickstarter is a company that has built a website, takes a cut of sales, and nothing else. They will not help you get money back from fraudulent creators.
