Kicktrolling(kickstarter.com)
kickstarter.com
Kicktrolling
http://www.kickstarter.com/projects/kneon/crimson-rhen-of-the-truth-north/posts/681517
84 comments
You can't back out in the last 24 hours if it takes a project under funding. Trust me, this isn't new and it's been debated in circles outside HN for a long while (I could list dozens of kicktrolled campaigns). The consensus is one of the reason Kickstarter is winning the crowdfunding game is it is possible to back out -- if they change that, they change the game. This gives consumers more freedom. But I think extra large amounts need new rules -- or just forbid them (as painful as that is).
Or allow campaigners to refuse pledges / backers? That would seem to be quite easy and also justified.
Kickstarter is not a shop, it's a way to meet people who are interested in making you succeed; it would make a lot of sense if you could have a say in who you want to work with.
Kickstarter is not a shop, it's a way to meet people who are interested in making you succeed; it would make a lot of sense if you could have a say in who you want to work with.
Perhaps an extra degree of verification for pledges beyond a certain value?
And therein lies the problem, these "consumers" are consuming what exactly?
The pressure to please "consumers" is too strong, and this leads to putting all the risk on the "producers" side. Which means Kickstarter will be nothing more than a weird and sucky version of Amazon.
The pressure to please "consumers" is too strong, and this leads to putting all the risk on the "producers" side. Which means Kickstarter will be nothing more than a weird and sucky version of Amazon.
You could even allow backing out and limit trolling by adding a small cost to back out.
This works in the economic sense, not necessarily in the regulatory.
This works in the economic sense, not necessarily in the regulatory.
This is an interesting idea. And if the fee to back-out is proportional to the pledge even better.
I don't see why not, you see it all the time in the real world. e.g., book a vacation with a X% non-refundable deposit.
Good idea, but even the back-up fee is reversible on a credit card.
Require people to pay some amount to Kickstarter itself to buy a "large funding credit" (a virtual currency.) That credit must be spent, along with whatever actual donation you make, if you want to contribute over, say, $2000. The credits also don't "activate" until, say, six months after they're purchased--well outside of the (legitimate-vendor) chargeback window.
>The credits also don't "activate" until, say, six months after they're purchased--well outside of the (legitimate-vendor) chargeback window.
Who'd buy kickstarter credit just to hope that in 6 months there would be an interesting project to support?
The thing that wins kickstarter buyers over is the ease of supporting it. This would kill it.
Who'd buy kickstarter credit just to hope that in 6 months there would be an interesting project to support?
The thing that wins kickstarter buyers over is the ease of supporting it. This would kill it.
I don't know if swapping easily-observed troll risk for impossible-to-predict currency exchange risk is a net win.
Nice segue to bitcoin... if there were karma here you would get it
Wouldn't Kickstarter just return bitcoins if the project was underfunded? Would fluctuations in price prevent this?
Wouldn't Kickstarter just return bitcoins if the project was underfunded? Would fluctuations in price prevent this?
I think the price fluctuation is the biggest problem with bitcoins in this scenario. Let's say I need to pay my parts supplier $50000 in April, how many bitcoins should I ask for today, assuming the bitcoins will be transferred to me in February? Large companies struggle with this problem even when dealing with relatively stable currencies.
Is there a functioning futures market for bitcoins yet?
Is there a functioning futures market for bitcoins yet?
Is there a functioning futures market for bitcoins yet?
This is the classic solution for commodity price volatility. Both for real assets and currencies.
This is the classic solution for commodity price volatility. Both for real assets and currencies.
Kicktrolling... I'm just wondering how bored and frustrated a person must be to pull this kind of weird shit.
Seriously, I can imagine it is kind of fun to troll some overly serious dudes in a specialized forum, while I would not even waste my precious time for that. But trolling people who actually try to achieve something?
Why oh why?
Seriously, I can imagine it is kind of fun to troll some overly serious dudes in a specialized forum, while I would not even waste my precious time for that. But trolling people who actually try to achieve something?
Why oh why?
Some people (think they) can't create, and settle for the lower hanging fruit of destruction, to still feel some kind of agency and power, and distract themselves from jealousy and self-loathing. Kicking a dog, trolling forums or kickstarter... it's all the same? That's my theory anyway.
And of course, some people think they can create and engage in "disruption of old-line industries" for many of the same reasons.
See other reply.. I wasn't talking about creating products, sigh. Quit putting a dollar sign on every thing on the planet!
Thank you for crisply explaining something I've realized for some time, but have never been able to boil down to a single sentence.
I was looking for a fitting quote by Erich Fromm (whom I kinda should give credit for "my theory", I'm pretty sure I pieced it together from stuff he said), couldn't find one - but it seems that his book "The Anatomy of Human Destructiveness" might be worth a read :)
That's what creators tell themselves anyway. More likely this individual had a more concrete and financial reason to do so.
This individual is not all individuals. Purely destructive trolling exists, even by intelligent and outwardly successful adults, a hundred times fold in Minecraft - and in some cases not even seeking attention applies because of anonymity. Which is no problem for sadism: seeing the reaction is enough.
Creating can mean a lot of things.. it basically means doing something constructive, hey, even daydreaming or just curiosity. For me there is either progress (doesn't have to be anything big, it doesn't even have to be your own, as long as you have the ability to be happy for others), relaxation (ditto) or frustration and the compensation for it... but any talk of "creators" is entirely yours. You don't seriously think I was trying to claim I was never a dick in my life? Hah, I wish.
Creating can mean a lot of things.. it basically means doing something constructive, hey, even daydreaming or just curiosity. For me there is either progress (doesn't have to be anything big, it doesn't even have to be your own, as long as you have the ability to be happy for others), relaxation (ditto) or frustration and the compensation for it... but any talk of "creators" is entirely yours. You don't seriously think I was trying to claim I was never a dick in my life? Hah, I wish.
A personal theory I have is that some people deep down want to act like they're in Grand Theft Auto, running around causing mayhem and destruction.
Kicktrolling is becoming pretty common.
Others have written about having users dispute the charge after the funding was complete and wrecking the goal.
Kickstarter is interesting in some ways, but it is a bad deal for a great many kinds of projects. "Send a satellite to space" great for kickstarter. "We are knocking off this product know one knew was already on amazon" great for kickstarter. But most products would do better selling on Amazon using a "This product will be released on X Date" because the commissions are lower, and if you are only doing $25k for a tangible thing, you can probably get the $15k loan to do it for a lot less, and you will still know how many units you sold before you have to deliver them.
If Kickstarter is going to take such a large percentage they need to do more to prevent this kind of thing from happening.
Others have written about having users dispute the charge after the funding was complete and wrecking the goal.
Kickstarter is interesting in some ways, but it is a bad deal for a great many kinds of projects. "Send a satellite to space" great for kickstarter. "We are knocking off this product know one knew was already on amazon" great for kickstarter. But most products would do better selling on Amazon using a "This product will be released on X Date" because the commissions are lower, and if you are only doing $25k for a tangible thing, you can probably get the $15k loan to do it for a lot less, and you will still know how many units you sold before you have to deliver them.
If Kickstarter is going to take such a large percentage they need to do more to prevent this kind of thing from happening.
Who's going to give you a 15k loan for a first product based on a shitty marketing video? It's not 2000 anymore.
In the UK the Government has an excellent loan scheme for small business right now. 6.2% over 5 years with 1 year capital break. You can theoretically get up to $29k if you are a pair. Though you do need a little more than a marketing video, like a functional business plan. But it's not like the banks.
If you have $30k worth of pre-orders on Amazon. Anyone. Bank Of America, Friends and Family, An Angel VC.
I don't understand why kickstarter can not deduct the money from the card/account and hold it until the deadline passes. If the goal is not met all the money is refunded.
That costs Kickstarter more money than waiting until the end.
If Kickstarter deducts in advance and refunds later for a failed campaign, then it must do two credit card transactions: once to charge the money, and another to refund it. Additionally, refunds are sometimes more expensive than charges.
Not only that, but Kickstarter would also have to worry about situations like, e.g., Alice pledges money, and then later closes her card account. How would Kickstarter get the money back to Alice?
So it's almost certainly done for reasons of simplicity and avoiding legal/ethical obligations about safeguarding the money in escrow.
If Kickstarter deducts in advance and refunds later for a failed campaign, then it must do two credit card transactions: once to charge the money, and another to refund it. Additionally, refunds are sometimes more expensive than charges.
Not only that, but Kickstarter would also have to worry about situations like, e.g., Alice pledges money, and then later closes her card account. How would Kickstarter get the money back to Alice?
So it's almost certainly done for reasons of simplicity and avoiding legal/ethical obligations about safeguarding the money in escrow.
Indiegogo has surmounted those obstacles and charges a pledge when it is made then refund slater if the campaign doesn't succeed. That might be a competitive advantage going forward.
I reckon you could charge a certain % of the pledge to prevent this kind of trolling. You'd still be allowed to back out, but the money would stay on Kickstarter and cannot be withdrawn, but instead just put towards another campaign (but that money no longer counts towards the reserve of future campaigns). This makes sure that the troller gets their money locked up in Kickstarter. Few if any legitimate Kickstarter funders would be bothered by this and if they really were bothered by it, Kickstarter staff could evaluate those few incidents on a case by case basis.
> Few if any legitimate Kickstarter funders would be bothered by this
Except those that only come to Kickstarter to back a specific campaign, instead of backing lots.
Except those that only come to Kickstarter to back a specific campaign, instead of backing lots.
Then these people should better not back out.
so sort of like store credits, where you return a good you purchased, but can only use the credit to buy something else from the store.
I don't know if "surmounted" is the right word. Kickstarter has made deliberate choices to operate this way. Kickstarter favors the backers, not the campaign. They surely know well how the system operates, and it's not an obstacle per se, but a rule of their game.
That is an option that can be changed, there have been indiegogo projects such as the ubuntu phone, that would only have charged if funding had been successful.
Not true. I was frustrated when indiegogo deducted money from my bank account instantly when I pledged for the Ubuntu phone. It was surprising because I had only pledged significant amounts on kickstarter previously. Honestly, for someone without much in the way of liquid assets it was frustrating to have so much money frozen for over 30 days.
And you highlight probably the biggest issue with indiegogo's approach. Keeping money tied up while waiting for the project is pretty bad.
They could reserve the funds in the account (like most sites do), right?
The time an authorization on a credit card lasts varies by issuer; it may be as little as week on some cards. That said, many payments gateways allow you to later process a new authorization with the original transaction reference.
Even if they can't re-authorise, they could just do authorisations for donations made in the last week.
I don't have a document handy, but it is in Visa's merchant ToS (at the least, I don't know about other CC companies) that you can't actually charge a credit card until the good they are paying for has been shipped to them.
This is why when you order things online, your credit card is typically not charged (i.e. Apple pre-orders) until your item has shipped.
IANAL so I don't know how certain things work such as Tesla deposits (what did they "ship" to you for $2,500?) and so on. But I've heard this is why Kickstarter can't do this directly.
I'm sure there are ways around it, but something to keep in mind.
This is why when you order things online, your credit card is typically not charged (i.e. Apple pre-orders) until your item has shipped.
IANAL so I don't know how certain things work such as Tesla deposits (what did they "ship" to you for $2,500?) and so on. But I've heard this is why Kickstarter can't do this directly.
I'm sure there are ways around it, but something to keep in mind.
This is why Kickstarter is not a store. A pledge is not the purchase of a good, it's a donation towards a goal with an optional reward attached to it.
I doubt it's a donation. Who can accept donations is highly regulated because taxes.
Not true. Anyone can accept donations, in the US anyway. (Are there really other countries that prevent you from giving money to someone?).
The receiver will have to pay income taxes on the donations; and the giver will not be able to deduct the donation on their own income taxes. That's what requires special status.
This actually makes me realize I never thought about how people have to pay income tax on what they receive via kickstarter; I can't think of any reason they wouldn't. http://www.kickstarter.com/help/taxes
The receiver will have to pay income taxes on the donations; and the giver will not be able to deduct the donation on their own income taxes. That's what requires special status.
This actually makes me realize I never thought about how people have to pay income tax on what they receive via kickstarter; I can't think of any reason they wouldn't. http://www.kickstarter.com/help/taxes
Assuming the people running the kickstarter campaigns are running a business, they only need to pay taxes on net income. I imagine most kickstarter campaigns go through the money fairly quickly so that's probably not typically a problem.
Who can accept tax exempt donations is highly regulated. You can donate or gift money to anyone, you just may not be able to make it tax deductible.
That doesn't seem to make sense. The funded parties generally aren't sending you anything immediately after it's funded either. You're backing a project which eventually may send you an item, after it's been created in some way.
That is money transmission. Once the money leaves the credit card it needs to stay out of the control of kickstarter otherwise they become money transmitters and that's becomes a huge can of worms for them.
I believe that it's because of card processing fees don't work out in that situation. They'd lose money on failed projects.
To help solve this problem they could do an auth once the project reaches the time limit of their auth requests (eg 7 days before the project ends). Anyone who has the auth fail would be placed in limbo and their pledge withdrawn until they add a valid card. That way the project creators would know exactly how much money they could get if no one pulls out.
I know a few crowd funding websites that place an authorisation on your card, but release it if the campaign is unsuccessful.
"What if this guy "helped" us get funded by the skin of our teeth only to skip out on the bill? We'd still be short a few grand, have to deliver the project to the paying backers and be liable for Kickstarter and Amazon fees."
Wait, I don't get it. If the guy pulls out last minute, the project still won't be funded, no? So there would be no obligation to deliver anything. Am I missing something?
Wait, I don't get it. If the guy pulls out last minute, the project still won't be funded, no? So there would be no obligation to deliver anything. Am I missing something?
The project can be funded but if he used a wrong cc # or expired the funds won't transfer, even though the project was 'funded.'
I don't think he would be liable for KS and Amazon fees for that as they are paid instantly when the transfer happens.
I don't think he would be liable for KS and Amazon fees for that as they are paid instantly when the transfer happens.
Yeah, apparently this happened to a jewelry project on Kickstarter a while ago - one of the big backers turned out to have used a card without enough funds and the creator wound up on the hook for all the rewards, but without enough money to make them.
It seems like this scenario could be prevented even within the one-week pre-auth limit cited above. That is, pre-auth every donation a week before the campaign ends. The pre-auths that fail would then be subtracted from the total, and a week is long enough to either pay your credit card bill or decide that you can't contribute that much.
So a margin in funding to anticipate on such "bad luck" situation would be wise.
Even though such issues can be painful for the project, IMO It's good practice to allow some margin in the goal amount.
This article is full of assumptions. Maybe the backer lost a lot of money so he had to cut his fund.
We don't know anything about 'Lee' and his financial situation. So we can't make any assumptions about his motivations.
We don't know anything about 'Lee' and his financial situation. So we can't make any assumptions about his motivations.
It's not the first time it happens - I remember seeing this problem before in HN.
IIRC from that time, this is a bigger problem when you consider that Kickstarter doesn't have any mechanismo for flagging suspicious backers, so even in the (unlikely, IMHO) case that this is an honest mistake from the backer, it will only increase once 4chan and friends hear about this.
IIRC from that time, this is a bigger problem when you consider that Kickstarter doesn't have any mechanismo for flagging suspicious backers, so even in the (unlikely, IMHO) case that this is an honest mistake from the backer, it will only increase once 4chan and friends hear about this.
The "Lee" character has done it dozens of times.
What is the motivation for Kicktrolling? Who would a kicktroller be? I don't get it.
i) Person who just wants to be a dick. ii) Person with personal vendetta against the project creator iii) Company looking to fend off competitors much the way of clicking lots of links to burn through a competitors ppc on adword.
i) Person who just wants to be a dick. ii) Person with personal vendetta against the project creator iii) Company looking to fend off competitors much the way of clicking lots of links to burn through a competitors ppc on adword.
There's a lot of hate on the internet for many kickstarter projects - "who would fund this crap?!", "how is this receiving money?!". This sort of 'trolling' is probably coming from people who don't want to see certain projects succeed. I'm sure it would happen a lot more if you didn't require proof that you actually had that much money in your bank.
"Some men just want to watch the world burn."
http://www.youtube.com/watch?v=efHCdKb5UWc
Does anyone know if this is a regular occurrence?
It definitely is. I was bookmarking them once. There's even a snarkier version -- a kicktroll bids at the final second to $1 of funding a failing project. Yes, there is a project that got $49,999 of a $50,000 goal, with a very large troll donation in the last seconds. The owner of Kicktraq (who might read these boards), has a good knowledge of it. He seems to be some kind of savant, and can remember so many campaigns.
One solution would be to let the campaigner set an upper limit to individual pledges. That limits the damage a single troll can do. Is there such a feature?
what about the ability to reject a pledge? this way if you contact the big backer and it sounds fishy you can just ignore it.
Maybe they Kicktrolled themselves in order to raise publicity on their misfortune? It's not easy to get on the front page of HN...
Yeah. And you have prove of your accusation, bordering clearly on calumny, in the form of what exactly?
If nothing else, you should show some decency and delete your comment, that probably was written, while half asleep.
If nothing else, you should show some decency and delete your comment, that probably was written, while half asleep.
I was thinking this as well, minus the HN part. It is similar to what eBay sellers would do with a hot auction. Jump in on the bidding with a second username and run the price up to where either a) someone else outbids them or b) they find the highest bid, retract the bid and then bid right under the highest bidder.
Same scenario with Kickstarter. One could set an ideal funding point and run it up with fake fundings. Catch the attention of media and then hope that the bandwagon happens getting them more than what they are asking. Once funded over the amount, back out your fake fundings and voila - funded.
Same scenario with Kickstarter. One could set an ideal funding point and run it up with fake fundings. Catch the attention of media and then hope that the bandwagon happens getting them more than what they are asking. Once funded over the amount, back out your fake fundings and voila - funded.
Maybe it's because I've been to horse auctions in which bidding on your own horse is explicitly allowed, but I don't really even see anything wrong with funding-and-defunding your own project.
I don't know how horse auctions work, but I wouldn't compare openly bidding on your own property with using shill accounts to bid someone up and then retracting your own winning bid.
Well of course the bidding isn't "open" in that sense. You don't even know until after the hammer falls whether the final price came from a bidder or from the auctioneer himself, in order to meet the reserve.
http://www.keeneland.com/sales/conditions-sale
Also, I stated that I found the practice of funding one's own project unobjectionable. I think defunding threatens the entire model of KS, but defunding one's own project is the least objectionable aspect of that. Whatever Kickstarter can do to prevent or ameliorate defunding, within the bounds imposed by credit card practices, they should do.
http://www.keeneland.com/sales/conditions-sale
Also, I stated that I found the practice of funding one's own project unobjectionable. I think defunding threatens the entire model of KS, but defunding one's own project is the least objectionable aspect of that. Whatever Kickstarter can do to prevent or ameliorate defunding, within the bounds imposed by credit card practices, they should do.
[deleted]
Do you realize your post sounds like nothing but complaining? Please spare us by clicking delete.
"You could sabotage some Kickstarter projects by pledging a large amount then blacking out a minute before it ends."
https://twitter.com/tlrobinson/status/305017672226205697
Interestingly, Bitcoin has features to make this sort of thing impossible, even without a trusted intermediary holding onto the funds: https://en.bitcoin.it/wiki/Dominant_Assurance_Contracts https://en.bitcoin.it/wiki/Contracts#Example_3:_Assurance_co...