$500k "Energy-Harvesting" Kickstarter Scam Unfolding Right Now
New submitter FryingLizard (512858) writes For a while I've been following the saga of the Kickstarter "iFind" Bluetooth 4.0 tracking tag. Nothing new about such tags (there are many crowdfunded examples; some have delivered, some have disappointed), but this one claims it doesn't require any batteries — it harvests its energy from electromagnetic emissions (wifi, cell towers, TV signals, etc). The creators have posted no evidence other than some slick Photoshop work, an obviously faked video, some easily disproven data, and classic bad science. So far they've picked up half a million in pledges. With six days to go until they walk off with the money, skeptics abound (10min in) including some excellent dissections of their claims. The creators have yet to post even a single photo of the magical device, instead posting empty platitudes and claims that such secrecy is necessary to protect their IP.
Using just their published figures, their claims are readily refuted, yet still backers flock in. Kickstarter appear uninterested in what can only be described as a slow-motion bank robbery, despite their basic requirement to demonstrate a prototype. It seems self-evident that such scams should not be allowed to propagate on Kickstarter, for the good of other genuine projects and the community at large. Skeptics are maintaining a Google Doc with many of the highlights of the action. Bring your own popcorn and enjoy the show."
Using just their published figures, their claims are readily refuted, yet still backers flock in. Kickstarter appear uninterested in what can only be described as a slow-motion bank robbery, despite their basic requirement to demonstrate a prototype. It seems self-evident that such scams should not be allowed to propagate on Kickstarter, for the good of other genuine projects and the community at large. Skeptics are maintaining a Google Doc with many of the highlights of the action. Bring your own popcorn and enjoy the show."
I pledged $120.
This is why there is zero oversight from Kickstarter/Amazon - they get their 20% cut if the projects gets funded. There's no way Amazon.com is going to walk away from $125,000 in free money when they have absolutely no risk.
(We've heard this song before - from ISPs back in the day who claimed they were "common carriers" and "only providing a network" to avoid being charged as accessories to piracy).
They'll take their 125k, and if questioned, simply state they were providing a platform, and that they are not responsible for what users do with it.
Surely, though, they must have registered the "iFind" trademark? And if you search on TESS we find:
Owner (APPLICANT) WeTag, Inc. CORPORATION TEXAS 3309 San Mateo Drive Plano TEXAS 75023
With an attorney listed as "Richard G. Eldredge" which corresponds to a local attorney. Before you deploy the door kickers to lynch somebody, that address is just somebody's $200,000 house and could possibly be a random address used by a jerk. Remember that it's entirely possible that this is all a front by some other actor and someone was paid western union/bitcoin to register this trademark through this attorney without realizing they were just being used by literally anyone in the world ... of course, kickstarter should have even better transaction details (hopefully).
My work here is dung.
If they allow projects to float their rules,and yet still take pledges?
There's a lawsuit waiting to happen here, it could be as lucrative as posting a dodgy kickstarter campaign!
hmm..
1. post obviously crap kickstarter
2. pledge yourself
3. complain vigorously when you "lose" your money
4. start a class-action suit against kickstarter for not checking things out
5. profit!!!
no need for ??? on this one!
http://abc.cs.washington.edu/
Just because harvesting of RF energy is a legitimate field does not mean that this product is genuine.
Or to give you a car analogy, just because internal combustion engines are used to drive cars does not mean that you can run a 4 litre V8 engine at full power and get 100 miles to the gallon.
I am Slashdot. Are you Slashdot as well?
If you want a chuckle, read the Dr. Paul McArthur "bio" post.
https://www.kickstarter.com/pr...
From Snake Oil in the Old West to weight loss scams, baldness fixes, male vitality enhancers, or Breatharians, the easiest thing to sell is false hope since it tricks the buy into thinking about only what they want, not what is actually possible.
ok, WHY is it disingenuous? What about their claims don't make sense then? They plan to make a product that is clearly possible, so why is it a scam?
Take a look at the google doc. It has a lot of technical information as to why the claims of *this* kickstarter project are suspect.
I am Slashdot. Are you Slashdot as well?
Cars exist, right? Foldable bikes exist, and there are quite a number of them out there.
Buy my foldable 400MPH 400 miles to the gallon car which folds up into a suitcase, only $1K.
$500K is not enough to develop custom silicon for the task. They're using someone elses chip.
The format can't capture enough power, due to unfortunate laws of physics to do bluetooth pairing.
Batteryless NFC RFID tags work with a comparatively huge field to power them. (millions of times as
strong as a nearby wifi router)
Not to mention that if they store the energy in a bank, they're going to lose most of it to transaction fees.
Get free satoshi (Bitcoin) and Dogecoins
Videogame kickstarters have (from experience) more false claims than any other Kickstarter type I've ever seen. For instance, there was one that Retsupurae covered on Youtube yesterday, where a person claiming to be a "former Square-Enix employee" was trying to get people to crowdfund a remake of Chrono Trigger... made entirely in RPG Maker. Apart from the fact that said "former employee" didn't have the rights to Chrono Trigger, it was pretty clear that he had never actually coded anything before. In comparison, there have been several groups attempting to remake the game, all of whom were doing it for free. They were all sent C&D letters and stopped - but this guy didn't have to because his Kickstarter came nowhere close to getting funded.
There was also the guy who tried to make a 3D version of Monster Girl Quest. Compared to the Chrono Trigger guy he was a little better off rights-wise: he didn't own the rights to the real Monster Girl Quest, which hadn't even released its third and final installment when the Kickstarter went up, but MGQ wasn't registered in the United States yet and was only purchaseable through Japanese websites. The developer of MGQ is small enough that I don't think they would have the resources to sue, but they didn't have to - the guy didn't make funding, which was probably for the best, seeing as he featured his family (including his son, who was like five years old when he made the Kickstarter) in a pitch video for a "clean" version of an h-game.
If Kickstarter can't catch basic things like these, where they're clearly an infringement of copyright that could be discovered in a matter of seconds (both of the Kickstarters I mentioned had the names of the games they were stealing from clearly listed in their summaries) there's no way they're going to catch bad science.
Before the witch hunt begins, someone should kindly ask this guy, one of the listed affiliates:
http://www.ifp.illinois.edu/~zwang119/
whether he knowingly has his name on this project. From the looks of his research, he does nothing with hardware. And so someone may have just listed him.
If it actually is him, this can be roped in really fast by either contacting his academic advisor and if necessary, the chair of the department or a Dean. This would create such horrible publicity for U. Illinois that action should be swift and decisive.
Look, if people really doubt the science (and I do: wireless electromagnetic power transission is really only a near field phenomena because those contributions to the E and B fields that can drive currents usefully drop much harder than 1/r).
Now go and be nice, he's probably a victim too.
And I say, with my freedom of speech, "Caveat Emptor" - let the buyer beware. Is this any worse than the dot-com bubble? I am surprised to see so much call for regulation and oversight here on /. where I would have expected to see more focus on the decentralized crowd-based DEBUNKING that this article itself represents. Many technological items were impossible, then impractical, then suddenly commonplace, so distinguishing between "bad science" and "immature technology" is harder than it used to be. Add a generation of insistence that "everyone's opinion has validity" and it's no wonder that science is having such a hard time.
But... but... TESLA!
deathray...
the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff