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.
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.
- >> NEXT STORY: Minecraft will reach the Nintendo Wii U on December 17 for $29.99
- << PREVIOUS STORY: Netflix is doubling down on its original programming in 2016