ParaShoot Suspended From Kickstarter On Suspicions, Moves To Indiegogo

parashootThe ParaShoot promised to be a wearable camera that could be monitored via a smartphone app. The project raised over $115,000 on Kickstarter before being suspended with a couple of weeks left in the campaign. Now the project is live on Indiegogo via a fixed funding campaign, but there are still questions surrounding the device’s origins.

An issue arose when devices similar to the ParaShoot were spotted on ecommerce sites for a price point that was very similar to the rewards levels being offered via crowdfunding. Kickstarter has a policy of not commenting on suspended campaigns, but it seems safe to assume that these revelations are probably what led to the suspension of the campaign despite clear interest from the crowd.

Much of the surfaced due diligence was cataloged in the campaign’s comments on Kickstarter. (One comment in particular does a good job of summarizing the grievances against the project creators.)

RELATED: Parashoot Successfully Crowdfunds on Indiegogo and then Delivers

The same project has moved to Indiegogo, which begs the question of whether Indiegogo is aware that the campaign had been culled from the Kickstarter herd and singled out as potentially problematic and/or fraudulent.

The new campaign is having a much harder time finding funding, having only raised about $9,000. The campaign’s goal is to meet the same funding level that the ParaShoot had on Kickstarter in the next 30 days. It is a fixed funding campaign.


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