I wouldn't invest that much money in crowd funding. When you give to these campaigns there are no guarantees OR REFUNDS
As far as guarantees from Indiegogo: Thier Terms state "All Contributions are made voluntarily and at the sole discretion and risk of the Contributor. Indiegogo does not guarantee that Contributions will be used as promised, that Campaign Owners will deliver Perks, or that the Campaign will achieve its goals. " https://www.indiegogo.com/about/terms
@pxpaulx your excitement is palpable! I looked in on the IGG campaign a few times and read comments and the update, sure looks good. Looks like you may have picked a winner, win and show. This may very well be a joy to watch and could go a long way for us here in building faith in the process. Good luck to all the 60 backers! 60+, that is. Keep us informed.Interestingly (and this doesn't show up on the Radrover page itself), if you go to the indiegogo homepage and do a search for radrover, the link that populates the search is an image of the bike, with the name, and a 'seal' with the statement: All Orders Gauranteed to Ship. So, if I were to not get my bike, I think it would be pretty easy for my credit card company to process a charge back. Take a look: https://www.indiegogo.com/explore?filter_title=radrover
They have also replied to every question in their comment section, as well as personally to me directly twice via email and once at endless sphere where Mike is a member (the campaign owner). I'd like to think I'm a decent judge of character, I've had plenty of online interactions both buying and selling (mostly camera equipment) and everything I have seen points to the legitimacy of the Radrover bike. They have also not hid behind some great magnificent design team, openly stating they chose parts that they have found to be most important and beneficial for the bike type to be built in China and shipped to be sold (with a 1 year warranty) through their (already established) business in Seattle.
Some things are too good to be 100% true. I'll stick with my LBS for e-bikes that bite more than my thrift store road bike. ($50 USD)
Good lookin' campaign and the price is right! Not exactly my style but like the specs with 750watt motor and 48v battery. Upgrade options are very reasonable also. Good luck with meeting your goal!What's up everyone! I'm one of the founders of the Wave Electric Bike on Indiegogo and wanted to just chime in saying that with Indiegogo there are 2 types of campaigns:
Fixed Funding- 100% of contributions get refunded if campaign doesn't hit the set goal (this is what we went with)
Flexible Funding- Contributions are given to campaign company even if the campaign doesn't hit their goal (Indiegogo just charges a higher commission if they don't hit their goal)
We went with fixed funding because if we don't hit our goal then we can't get enough orders to negotiate a low price with our suppliers and thus making the whole concept useless (unless people are willing to pay more for the Wave eBike).
If we reach our goal of $70,000 then we receive the funds from Indiegogo (minus their 4% fee and PayPal's fee) and we send all the order details to our manufacturers in China and they send off the shipments. Everything is ready to go from a manufacturing and shipping logistics perspective.
We are eBike lovers ourselves and basically wanted to do this because it's a joke how expensive so many eBikes cost and it only makes sense that if you get a huge group of people together to all order the same eBike at once that everyone would benefit from bulk pricing.
We want to be as transparent as possible, so post any questions or concerns and we'll do our best to answer any questions. Here's a link to our campaign:
https://www.indiegogo.com/projects/wave-electric-bike/x/10100624
I think you need to address the legality of a 28 mph electric bike. I have an email from you stating "the bike that is shipping to you will go 20mph due to fed. regs. but if you remove one wire the bike will go as advertised" isn't that flying under the radar? Where I live in so. Cal. it's considered a "Motorized vehicle" which requires a reg./license plate and a "moped style license" it also restricts you from riding on bike paths. So whats up with that AronWhat's up everyone! I'm one of the founders of the Wave Electric Bike on Indiegogo and wanted to just chime in saying that with Indiegogo there are 2 types of campaigns:
Fixed Funding- 100% of contributions get refunded if campaign doesn't hit the set goal (this is what we went with)
Flexible Funding- Contributions are given to campaign company even if the campaign doesn't hit their goal (Indiegogo just charges a higher commission if they don't hit their goal)
We went with fixed funding because if we don't hit our goal then we can't get enough orders to negotiate a low price with our suppliers and thus making the whole concept useless (unless people are willing to pay more for the Wave eBike).
If we reach our goal of $70,000 then we receive the funds from Indiegogo (minus their 4% fee and PayPal's fee) and we send all the order details to our manufacturers in China and they send off the shipments. Everything is ready to go from a manufacturing and shipping logistics perspective.
We are eBike lovers ourselves and basically wanted to do this because it's a joke how expensive so many eBikes cost and it only makes sense that if you get a huge group of people together to all order the same eBike at once that everyone would benefit from bulk pricing.
We want to be as transparent as possible, so post any questions or concerns and we'll do our best to answer any questions. Here's a link to our campaign:
https://www.indiegogo.com/projects/wave-electric-bike/x/10100624