wrcedar

I fund projects on Kickstarter and Indiegogo because it lets me support creators who produce things I'd like to use that might not otherwise make it past the idea stage. The 50% figure cited above isn't a good match to what I've seen. I've funded 40 projects on Kickstarter and haven't seen a single failure. Yeah - a few have been comically late, but they all produced something that I could use and enjoy.

Still this is not one that I'd have felt good about funding. A project featuring revolutionary new technology and without clear details on how it works ("calibration" is not a detail) is a huge red flag to me. I used to work in R&D at a technology company and I have some feeling for what's involved in productizing new technology. It always took far more time and resources than even my most pessimistic estimates. I had to keep reminding myself "If it was easy someone would already have done it." We made some neat stuff but I couldn't have imagined us doing something this radical on a Kickstarter-scale budget. Unfortunately.