Crowdfunding Projects Fail Total 3D printer, Collected Funds Used to Build New Homes

Crowdfunding Projects Fail Total 3D printer, Collected Funds Used to Build New Homes - The existence of crowdfunding sites became one of the solutions to be able to develop a product when there are problems in terms of funding. Unfortunately, not a few also occur where crowdfunding project has succeeded in obtaining funds in large quantities suddenly disappear without a trace or latest news. Things like this happen on crowdfunding project Peachy Printer.

Crowdfunding Projects Fail Total 3D printer, Collected Funds Used to Build New Homes
Crowdfunding Projects Fail Total 3D printer, Collected Funds Used to Build New Homes
Source : inc-reviews
Peachy This printer is a 3D printer project which is planned to be sold with the tag of 99 USD. Party startup behind Peachy Printer also been able to raise large amounts of crowdfunding sites. But who would have thought, it turns out there was one team member from Peachy Printer that manipulate almost 50 percent of the funds collected and used to build new homes.
This was revealed in a video uploaded by CEO Peachy Printer Rylan Grayston. Grayston said if the projects embodiment Peachy printer is now forced to be abandoned. The main reason, as co-owner Peachy Printer, David Boe ran half the funds collected and used to build new homes.
This occurs because the fraud action David Boe is a person who acts as a financial manager Peachy Printer. Even the funds collected from crowdfunding sites saved in personal accounts Boe. And this is what makes the other team members do not know the behind the scenes action Boe. As a result, as many as 324 thousand Boe USD used to build a new home.
The conditions also provide a great pressure for Grayston. Moreover, many donors who can not wait to see the product directly Peachy Printer. Moreover, this project has been ongoing since 2013. However, with the current circumstances, the sustainability of this project is still a question mark.

1 comment for "Crowdfunding Projects Fail Total 3D printer, Collected Funds Used to Build New Homes"

  1. This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here keep up the good work agentie pr

    ReplyDelete