Crowdfunding Report for 2014 on CNX Software Blog

Orange Pi Development Boards

Following up on my 2013 Crowdfunding Report, I’ve gone through all 55 Kickstarter and Indiegogo crowdunding projects featured on CNX Software between December 2013 and November 2014 (inclusive) to see how well they fared.

Indiegogo_KickStarter

The table below sort projects chronologically as they were published on this very blog.

Date Project Crowdfunding Site Funded?
Pledged amount / Goal
Expected Delivery Actual Delivery Comments
2. Dec. 2013 Micro Python Kickstarter Yes
97,803 GBP / 15,000 GBP
03/2014 04/2014 Available @ https://micropython.org/store/#/store
5. Dec. 2013 Plugaway Kickstarter Yes
$162,835 AUD / $50,000 AUD
04/2014 People upset because of lack of updates. Project might be dead, and backers lost their money
6. Dec. 2013 AIRTAME Indiegogo Yes
$1,268,332 / $160,000
05/2014 12/2014 People have started received the beta versions, after a massive 8-month delay
7. Dec. 2013 Crystal Board Kickstarter No
$14,574 / $200,000
04/2014 The project appears to be dead
10. Dec. 2013 Smart Power Strip Kickstarter Yes
$109,012 / $100,00
04/2014 People are really upset, because of delays, and especially lack of updates, or incorrect update (e.g. “shipping soon”. Now shipping is schedule now until April 2015
11. Dec. 2013 Iteaduino Lite Indiegogo Yes
$14,778 / $2,000
01/2014 01/2014 Being an Arduino clone, it just works as expected, based on user’s feedback
11. Dec. 2013 Pivotheat SMART Indiegogo Yes
$159,613 / $100,000
06/2014 Shipping is now expected by January. People are disappointed by delays and lack of updates
13. Dec. 2013 LOGi Board Kickstarter Yes
$114,126 / $6,900
04/2014 05/2014 You can get the board @ http://www.element14.com/community/docs/DOC-69129
21. Dec. 2013 NavSpark Indiegogo Yes
$63,735 / $27,000
03/2014 05/2014 Updates still done after shipping. No specific complains from users. NavSpark community setup @ http://www.navspark.com.tw/
17. Jan. 2014 Yacy Kickstarter Yes
$17,451 / $10,000
04/2014 06/2014
19. Jan. 2014 ICE xPC Indiegogo No
$10,734 / $300,000
07/2014 Flexible campaign, but people have been refunded
11. Feb. 2014 Keepod Unite Indiegogo Yes
$40,801 / $38,000
04/2014 05/2014 You can now give and/or get Keepod on http://keepod.org/collections/all-keepod-products
13. Feb. 2014 Webee Boss Indiegogo Yes
$73,373 / $50,000
04/2014 12/2014 8 months delay
14. Feb. 2014 Fin Ring Indiegogo Yes
$202,547 / $100,000
09/2014 Fin is now scheduled for May 2015, or 8 months delay!
19. Mar. 2014 MicroView Kickstarter Yes
$573,760 / $25,000
09/2014 08/2014 One month early? Too bad the first shipping lacked the bootloader…, and the returns are still being handled
21. Mar. 2014 USB2Go Kickstarter No
$13,963 / $50,000
10/2014 Website sill up: http://www.usb2go.org, not clear if the project is still alive
25. Mar. 2014 Rufus Cuff Indiegogo Yes
$359,463 / $200,000
04/2015 WIP, and updates are frequent
15. Apr. 2014 Digispark Pro Kickstarter Yes
$103,569 / $10,000
07/2014 09/2014 Shipping has taken place over 4 months (September to December). The board is now available @ http://digistump.com/getpro
22. Apr. 2014 ButtonDuino Indiegogo No
$1,226 / $4,500
08/2014 It can be pre-ordered @ http://buttonduino.site44.com/ with shipping Late January 2015.
23. Apr. 2014 MotherBone PiOne Kickstarter No
$4,270 / $60,000
08/2014 It might be available @ http://aplusmobile.com/MotherBone.html
30. Apr. 2014 Arduissimo Indiegogo No
5,031 Euros / 29,600 Euros
11/2014 Another indiegogo campaign is in progress: https://www.indiegogo.com/projects/arduissimo-reloaded-multicore-cortex-m3-arduino
30. Apr. 2014 Dimple NFC Sticker Indiegogo Yes
$87,098 / $43,000
08/2014 People are losing patience, especially as update are not forthcoming
9. May. 2014 ANTVR Kickstarter Yes
$260,834 / $200,000
09/2014 12/2014 Three months delay
22. May. 2014 VoCore Indiegogo Yes
$116,194 / $6,000
09/2014 11/2014 The module can now be purchased on Vocore website: http://vocore.io/store
30. May. 2014 WifiDuino Indiegogo No
$12,710 / $23,000
10/2014 The project has been cancelled
30. May. 2014 AsiaRF AWM002 Indiegogo Yes
$7,386 / $6,000
07/2014 08/2014 Many people complain about the lack of documentation. I also got one module, and It was not clear I needed to provide power with 3 different voltages when I backed the project.
2. Jun. 2014 miniSpartan6+ Kickstarter Yes
$80,897 / $7,500
08/2014 12/2014 Four months delay
5. Jun. 2014 EzeeCube Indiegogo Yes
$146,666 / $75,000
12/2014 Shipping is now expected by February
12. Jun. 2014 Soap Router Indiegogo Yes
$261,318 / $42,500
02/2015 Shipping expected for January 2015 in the latest update.
However, they changed the product specs, and some people are upset
13. Jun. 2014 Console OS Kickstarter Yes
$79,497 / $50,000
12/2014 12/2014 Beta version release
14. Jun. 2014 Papilio DUO Kickstarter Yes
$62,707 / $30,000
12/2014 Delivery scheduled for January
28. Jun. 2014 Amptek Icon Kickstarter No
$3,626 CAD / $55,000 CAD
10/2014 Icon board can be purchased @ http://www.semiconductorstore.com/Amptek/
17. Jul. 2014 MicroNFCBoard Kickstarter Yes
20,885 GBP / 20,000 GBP
10/2014 01/2015 Shipping scheduled for 8 Jan 2015
24. Jul. 2014 Immedia Blink Kickstarter Yes
$1,069,386 / $200,000
05/2015
29. Jul. 2014 TouchPico Indiegogo Yes
$869,827 / $55,000
10/2014 Doing FCC/CE certification now
2. Aug. 2014 VolksPC Indiegogo No
$1,519 / $80,000
10/2014 It’s unclear whether the project will go forward independently
11. Aug. 2014 Atomwear Kickstarter Yes
$13,740 CAD / $12,000 CAD
11/2014 12/2014
13. Aug. 2014 Squink Kickstarter Yes
$100,380 / $100,00
04/2015
20. Aug. 2014 Raspberry Pi Slice Kickstarter Yes
227,480 GBP / 90,000 GBP
11/2014 01/2015
20. Aug. 2014 STACK Box Kickstarter Yes
$87,500 / $65,000
12/2014 12/2014
25. Aug. 2014 RPISoC Kickstarter No
$14,323 / $20,000
01/2015 The project is still going on outside Kickstarter → http://www.embeditelectronics.com/blog/uncategorized/going-forward-with-the-rpisoc/
1. Sep. 2014 xWiFi Wi-Fi Module Indiegogo Yes
$12,649 / $4,500
11/2014 12/2014 Some people complain it did not work out of the box
15. Sep. 2014 Com1 Android Wear Watch Indiegogo No
$?? / $ ??
01/2015 Project taken down following Google request
16. Sep. 2014 WeIO IoT Board Indiegogo Yes
$37,437 / $10,000
11/2014 01/2015 Should ship this month
Can be pre-ordered @ http://shop.8devices.com/weio with shipping scheduled for February 2015
19. Sep. 2014 MOD DUO Kickstarter Yes
$82,781 / $65,000
06/2015
30. Sep. 2014 MicroDuino JoyPad Kickstarter Yes
$27,007 / $20,000
11/2014 11/2014 On time, but some people are still waiting for their package.
1. Oct. 2014 MatchStick Kickstarter Yes
$470,310 / $100,000
02/2015 Developers unit have shipped to backers in November 2014. I expect them to keep their schedule promise
7. Oct. 2014 TinyScreen Kickstarter Yes
$128,813 / $15,000
01/2015 Shipping still scheduled for January, or February
9. Oct. 2014 The Egg Kickstarter No
$18,489 / $500,000
12/2014 A new Kickstarter campaign is planned in January 2015
29. Oct. 2014 Zero+ IoT Wi-Fi Board Indiegogo No
$624 / $25,000
02/2015
6. Nov. 2014 Maker Club 3D Printed Robots Indiegogo Yes
12,018 GBP / 10,000 GBP
07/2015
14. Nov. 2014 Xped DeB Kickstarter Yes
$29,288 AUD / $18,5474 AUD
04/2015
19. Nov. 2014 DWA8 Wi-Fi Module Indiegogo No
$465 / $5,000
N/A Available on Taobao
20. Nov. 2014 Jolla Tablet Indiegogo Yes
$1,824,055 / $380,000
05/2015
25. Nov. 2014 Imp Computer Indiegogo No
$12,092 / $100,000
03/2015

Hall of Shame

Last year, it was clear FocusWill Coolship project was a disaster, and the project owner clearly did not deliver the goods and kept silent. This year, I could not find project that I’m 100% sure failed with money being lost, but at least Plugaway Wi-Fi smart sockets could be a project where backers lost their money. The sockets were supposed to be delivered in March 2014, but nothing so far, and the last update in November is only about the API, nothing about delivery despite backers complains.

AFAICS, nobody lost money with Com1 Android Wear smartwatch, but they should have known better, as Google asked Indiegogo to take the project down, because only Google partners can develop and manufacture Android Wear devices.

Stats and Projects Delays

Out of the 55 campaigns, 15 project failed to reached their funding targets. Most projects without a successful crowdfunding still carried out, with 4 to 6 projects completely dead. That means 72% of projects got funded via crowdfunding, 90% of projects get manufactured (assuming the ones still under development will succeed). AIRTAME got the most funding with over $1,200,000 raised, but has not been so successful in terms of product delivery with 8 months delay.

Many projects are delayed, but Smart Socket Strip may take the delay crown, with a massive 1-year delay for the project, and backers upset of the constant postponing (or lies) about delivery dates. Fin Ring is also pretty bad, as the September 2014 promised delivery is now expected to occur on May 2015.

Hall of Fame

This year several project managed to deliver working products on time, although sometimes shipping was have taken place over a few months.

  • IteaDuino Lite Arduino clone was delivered right on schedule just a year ago.
  • MicroDuino JoyPads were delivered on November 2014 as promised
  • The first version of Console OS Android operating system for PC was released on December 2014.
  • STACK Box Home Automation / IoT Gateway were sent in December 2014. There aren’t many feedback for now, as most people are still waiting for delivery, or have just received their device.

Many other projects shipped with just one month delay, and still got good user feedback, and an active community around them, such as Micro Python, LOGi boar, VoCore Wi-Fi module, NavSpark. MicroView was also on schedule, and even slightly ahead of schedule, but unfortunately, Sparkfun shipped several boards without bootloaders, and they are still handling the returns.

That’s all for today. If you’ve had good or bad crowd-funding experiences, feel free to share them in the comments section.

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Manny
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Manny

Seems most projects are keeping their word.

Seems indiegogo projects are not less reliable than KS.

But still a shame KS doesn’t do more due diligence and backer protection to make to avoid project owners running with the $

zoobab
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I have problems to read the last column of the table under chromium. Am I alone?

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