Indiegogo is one of the most popular crowdfunding sites. Anyone with an interesting and unique product idea will use a platform like Indiegogo to raise funds before the product is produced. The problem with platforms like this is, a failed project campaign will make users who fund the project lose money because the money will not be returned. This is about to change in Indiegogo's new Shipping Guarantee program.
This program is limited to accounts that have had successful campaigns, products are in the final phase of production, or from well-known brands. Each eligible will have a Shipping Guarantee badge above the Pick Your Perk button. Additionally, Indiegogo trusted campaigns will also receive the Trust Proven Program badge. This program will benefit users who fund projects on their platform, in addition to continuing to ensure that Indiegogo is a reliable crowdfunding platform.
If there is a failed campaign, the user can continue to apply for a refund immediately. Those responsible for organizing a failed campaign will also have their trust license revoked.