Indiegogo is setting a new standard in crowdfunding: with the new “Shipping Guarantee” program, the platform guarantees that selected projects will deliver their products on time – or that backers will get their money back. This initiative aims to increase trust in crowdfunding and motivate more people to support innovative projects.
Important features:
- Guarantee of on-time delivery or money back
- Available for selected campaigns
- Improved transparency and reliability for supporters
What does the shipping guarantee mean?
Indiegogo’s Shipping Guarantee is a significant step towards increasing the platform’s credibility. This feature will be introduced for certain campaigns that meet the strict selection criteria. If a project is unable to deliver the promised products within the specified timeframe, backers will automatically receive a refund. This reduces the risk for backers and increases the motivation to financially support innovative ideas.
Indiegogo CEO Becky Center emphasizes that this program is an important milestone in building trust within the crowdfunding community. She emphasizes that the guarantee does not apply to all projects, but specifically to selected campaigns that already have a high probability of success.
First projects under the shipping guarantee
The first product to be offered under the shipping guarantee is the HOVERAir X1 PRO series, an innovative, self-flying drone with 8K resolution. The drone is primarily aimed at adventurers and content creators who value high-quality recordings. In addition to the 8K/30fps version, there is also a 4K/60fps model that is suitable for dynamic, fast-paced scenes.
MQ Wang, founder and CEO of Zero Zero Robotics, explains that the company is honored to be part of the new program. The introduction of the shipping guarantee allows backers to feel more secure, which can further promote the success of their projects.
Conclusion
Indiegogo’s introduction of the shipping guarantee marks an important step in improving the platform and the crowdfunding experience as a whole. Backers can now support selected projects with less risk, while innovative companies can strengthen their credibility. While the guarantee is not available for all projects, it could become a new standard in crowdfunding in the long term. Further details can be found in the official FAQ.
