How successful can crowdfunding be for IoT hard? We looked at some of the downsides of campaigns recently and story in Smart Company on some of the IoT gadgets at the recent Internet of Things World exhibition showed how many of projects are being funded by the crowd.
The notable thing about the projects at the conference was how many had not only been successful crowdfunding projects but had also smashed their targets.
The lesson from that is a successful campaign has to catch the imagination and excitement of the crowd, not just be a worthy idea.
How many if these products end up being successful remains to be seen, the test will be how accurately the founders have estimated their costs.
If it were just the enthusiasm of the funders, then the projects are almost certain to succeed.