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Kickstarter Will Alert Backers When a Project Has Failed

Crowdfunding platform Kickstarter will start notifying supporters when a fundraising campaign faces "significant fulfillment failures" and breaks the platform's rules. From a report: The notification will also inform supporters how it's addressing the issue, including by "restricting the creator fro...

From a report: The notification will also inform supporters how it's addressing the issue, including by "restricting the creator from launching future projects." The update comes as part of a series of changes Kickstarter plans to make this year that are aimed at "enhancing the backer experience and building trust in our community." Kickstarter has long faced challenges with scams and projects shutting down after raising thousands (or sometimes millions) of dollars, but this change should at least provide more transparency to backers.

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