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by andrewjrhill 2754 days ago
> and raised in total $800.000 million from approximately 5,000 backers from around the world.

I assume this is a typo? Or did a blanket raise almost a billion dollars?

3 comments

You might have a typo: 460,4330?
yep, SEK 4,149,969 is USD 461,227.55 rounded up to 460,430
Your original message has a typo in it. There's an extra three in the USD value (460,4330 rather than 460,430).
If it was "moved" then that might mean the $460k are included in the $806k. Don't ask me how that "moving" could be done, but they explicitely said "move" and explicitely said that it collected $800k altogether. That would be surprising if it actually made the sum of both.
I heard that Indiegogo allows you to include funds raised on other platforms (at least Kickstarter) in your fundraising total.
I get a lot of ads on Instagram to products that lead you to Kickstarter/Indiegogo sites.. and they seem to always have 6-digit dollar amounts in backing. What I've read is, that's also fake, like asking your friend to bid on your auction on eBay, they just make a second account, pretend to back the product, and poof, "See, it's a popular product!".

Do the platforms get a percentage from each backing? If so, we can see why they don't care if the product is real or not...

Yes. Not sure about IGG but KS takes a 5% cut on funds raised.
They issued a correction:

>Update: A previous version of this article said the Zen blanket raised $1,2 millions, the amount they did raise was $800.000.