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9% of Kickstarter projects don't deliver their rewards

Kickstarter says 9% of crowdfunded projects don't deliver

By Anthony Garreffa from Dec 8, 2015 @ 5:27 CST

We all know there are some Kickstarter projects that get funded, but just don't take off for whatever reason. Well, the crowdfunding giant has posted an independent study that says that 9% of Kickstarter projects don't deliver their rewards.

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The findings state that 8% of money gets pumped into these projects, with the rates consistent among categories, with tech projects just as likely to fall apart as other categories. The report also added that 13% of failed projects deliver refunds, with backers adding that 10-20% of creators hand out refunds without complaints.

NEWS SOURCES:Engadget.com


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