Part 3/10:
Previously, Kickstarter reviewed projects quickly and had an all-or-nothing funding model, but with increasing risks associated with large tech and hardware projects, both platforms have adjusted their policies. Indiegogo's move toward more oversight seems motivated by a desire to curb scams and protect backers but raises fears of an industry-wide push towards censorship.
The Formation of Industry Coalitions
Another layer to this evolving landscape is the emergence of coalitions like the Crowdfunding Trust Alliance, formed by platforms like Indiegogo and GoFundMe. The alliance aims to share best practices, discuss industry trends, and possibly create a blacklist of creators or projects deemed undesirable or problematic.