WilCSUN wrote:It will be interesting to see how the various crowd funding projects launched through Kickstarter pan out.
I'm not aware of any projects that were successfully funded and have already come to fruition (and I've not done a speck of research to find any), but it will be interesting to see what kind of final goods and services are produced.
I'm really excited about the DoubleFine Adventure game project, and Republique, and I'm certainly going to buy my copies when they're out on the market, but I really do wonder if this will become a suitable alternative to more traditional marketing and funding techniques.
What I'm really interested in though, is finding the first colossal failure.
Not a fake Kickstarter (which some have already been exposed) but a legitimate effort by a legitimate organization, that gets completely funded, but falls flat on it's face.
Might take the wind out of this whole phenomenon.
Matt the Electrician paid for his self released album using kick start. The Pebble Smartwatch seems to be a go.
To me the question is not whether the products are successful. The Kickstart model can be effective at raising funds to get projects done, and has been used before kickstart. The question to me is now the model is very popular, and the laws have been passed to let large corporations promote such models, will fancy campaigns result in the degradation of the model. I would say yes. Where now it is small amounts and small projects, we will inevitably see larger amounts and larger frauds. And because the process is not regulation and there is no accountability, the frauds that inhabit the financial markets will rear their ugly heads.