Crowdfunding as it stands is a form of charity or maybe status because there's no guarantee anyone will even attempt to follow through with anything. That's why I only use it for charity or art. Are they attempting to change this in any way?
<i>A study by Ethan Mollick, a professor of management at the Wharton School of the University of Pennsylvania, found that 75 percent of design- and technology-related projects on Kickstarter, most of which involve physical products, failed to meet their promised deadlines.</i><p>--Key point: Crowd funding is a loose form of contract.