Could crowdfunding your project leave you bankrupt?
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Could crowdfunding your project leave you bankrupt?

Could crowdfunding your project leave you bankrupt?

You may think crowdfunding is the answer to your financial woes, but it could result in more trouble that it’s worth. The original Kickstarter for Asylum playing cards left backers filing a law suit Back in 2012, a Kickstarter was launched to help fund a set of playing cards entitled Asylum . Aiming to generate $15000, the project wound up making a total of $25146. It was pitched as “a fully customized Bicycle® Playing Card Deck – unlike any deck you’ve ever seen – and ONLY to be printed once. Designed by Serbian artist Milan C., and managed by entertainment industry veteran Ed Nash – this is a limited deck that you are going to want to own.” And want to own, people did. But as the date of estimated delivery came and went it looked highly unlikely that this would be a reality. Subscription offer Sadly, with so many disgruntled backers who have pledged money never to receive the proposed product in the land of Kickstarter, it was high time someone was made accountable – and so came a court case. With no updates from the team since July 2013 (seven months after the estimated delivery date), it […]

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