$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."
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.
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Thing is, it is being called a scam by people who are familiar with miniaturization and physics.
A classic element of pseudoscience and scams like this is to take something that has some small connection with physics but the numbers are so far off the engineering actually is impossible. This particular one is actually a pretty old 'free energy' thing, with people claiming you can collect usable amounts of energy from ambient signals. But the numbers, even though yes they are non-zero, are so tiny as to be useless.
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?
I suspect that many scammer Kickstarters have a mass of pledges just as fake as yours--only not intended for humor, but rather "self-giving" to create buzz and give the impression of legitimacy. I doubt very seriously that most of that $500,000 they've raised on this particular campaign is real.
But this does raise a real point. Kickstarter needs some basic donor protections and means of reporting scams. Otherwise they'll just devolve in a feeding ground for con men and no one will take any project posted there seriously.
SJW's don't eliminate discrimination. They just expropriate it for themselves.
As somebody familiar with RF engineering, I'd say this is obviously a scam. And it's not a miniaturization issue. It's a power density issue. Yes, I could build something that would gather energy like they're saying. And with the power draw of a BT device, I bet every 10 days or so, I'd have harvested enough energy to run it for an hour.
Fact is, the RF energy needed to be harvested to do even small amounts of work would cook you if you got in the way. The amounts that are just free floating around you from cell phones for example is around -60dBm. Or -90dB. 1dB is 1 watt, -10dB is .1 watt, -20dB is .001 watt, so the typical cell phone signal is .000000001 watt by the time you receive it. And if anybody is going to try to tell me that you're going to power anything off of that sort of energy....yeah, but no. Just no.
I'm in complete agreement here. We desperately need some way to tell legitimate Kickstarter campaigns from frauds. For that matter, the entire internet is full of scams and con-men waiting to take your money. That's why my team has developed iScam, the revolutionary new fraud-protection device.
Inside every iScam is a tiny induction coil that is powered by negative energy. When negative energy released by a scam such as this one activates the device, it generates a current which in turn activates a blinking LED, with the frequency of the blinking being proportional to the negative energy field. Simply aim the device at your computer screen, or hold it up to the phone when you get that too-good-to-be-true offer, or even point it at your lover... if there's any deception in the area, iScam will be activated and you'll be alerted!
Pledge just $15 and we'll send you one device. For $25 we'll send you two. For $100, we'll send you an improved prototype with even more sensitive scam-detection algorithms. And for the especially gullible-those of you who have lost thousands or tens of thousands of dollars to scammers before- you need the top-level security provided by iScam Pro, which has a more powerful induction circuit, both increasing the range of the device and allowing it to detect even the tiniest fib! Pledge just $999 and we'll send you an iScam Pro. With our patented technology, you'll be safer than ever. And best of all, it's all environmentally friendly and fair-trade, with 10% of all proceeds going to benefit orphaned pandas.