Crowdfunding sites such as Kickstarter, Indiegogo, and others positioned themselves online as a way for connecting entrepreneurs and investors. In exchange for investors pledging money, the project or company promised to return the fruits of its labor, depending on the amount a specific investor pledged. Recognizing that this platform was a fertile ground for scams, the sites implemented policies and procedures to protect investors. For instance, Kickstarter maintains investor funds in escrow until a project is funded to a sufficiently high level. If not enough people invest, then funding
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