💰

Crowdfunding Platform Terms Reviews

Failed project accountability gaps, platform fee stacking, and creator payout delays. I analyze the terms that affect both backers and creators on crowdfunding platforms.

4
Platforms Reviewed
55
Avg Score
Ko-fi
Best in Category

Platform Comparison

Side-by-side comparison of consumer fairness scores across major crowdfunding platforms.

Platform Score Grade Key Gotcha
Ko-fi
Best in Category
65 B- Lower fees, simpler terms View Review →
Patreon
58 C+ Creator-friendly but fee changes View Review →
Kickstarter
52 C All-or-nothing, limited backer recourse View Review →
GoFundMe
Lowest in Category
45 C- Personal campaigns, fee confusion View Review →

🔎 Key Findings Across All Platforms

No Guarantee of Project Delivery

Kickstarter and similar platforms make clear that backing a project is not a purchase. Creators are not legally obligated to deliver, leaving backers with limited recourse.

Platform Fees + Payment Processor Fees Stack

Most platforms charge both a platform fee (5-12%) plus payment processing fees (2.9% + $0.30), which can eat significantly into funds raised.

Payout Holds and Delays

Platforms often hold funds for extended periods before releasing to creators. Some implement rolling reserves or hold funds for identity verification.

Content Policy Enforcement Inconsistency

Content guidelines are vaguely written and enforced inconsistently. Creators risk sudden campaign suspension with limited appeal options.

Platform Reviews

Click through for complete analysis of each platform's terms of service.

Ko-fi

65/100 (B-)
  • 0% platform fee on donations (Gold costs extra)
  • Simpler, more transparent terms
  • PayPal/Stripe processing fees apply
Full Review →

Patreon

58/100 (C+)
  • 5-12% platform fees by tier
  • Historical fee structure changes
  • Strong content policy enforcement
Full Review →

Kickstarter

52/100 (C)
  • 5% platform + 3-5% payment fees
  • No delivery guarantees for backers
  • All-or-nothing funding model
Full Review →

GoFundMe

45/100 (C-)
  • 2.9% + $0.30 transaction fees
  • No guarantee funds reach intended use
  • Identity verification delays
Full Review →

Platform Issues?

If you've had campaigns suspended, funds withheld, or are dealing with disputes with backers or platforms, we have resources to help you understand your rights.

Schedule a Consultation

Need help understanding your rights or resolving a platform dispute?