I’m not sure that I am. I think the way most of us view these backing things is that it’s some kind of pre-order service. With the usual assumptions under the Uniform Commercial Code where if I pay for a good or service as a commercial transaction that I should expect that good or service or a refund.
These funding systems aren’t really that. They bait and switch. They fail to deliver. The project creators may have the best possible intentions. But I don’t believe those intentions are realistic. We’re not used to purchasing goods and services where the purchasers assumes the bulk of the risk. It’s gambling without any benefit to the player.
Other systems like Patreon I respect. There is a set contribution, and there is no firm expectation of delivery. It’s not easily interpreted by either party as a commercial exchange.
I’ve backed about 60 or so things. Almost everything came through or I got a refund. Almost every project was late. Most under delivered on original promises. There are about 8 projects on my list that are in limbo. And a few that explicitly absconded with the money and Kickstarter is still sorting out what to do about it. For IndieGoGo I’ve back a dozen things and half of them have had serious problems. Ranging from 2 years late on to never delivered and creator left the country. I feel they IGG is less particular about the proposals than KS, just given the small sample of disasters I’ve backed.
I back books, hardware, board games, films, and video games. I think books are the most reliable. I’m 0 for 3 on films. And games usually deliver some subset of what they promise with a few exceptions such as Broforce delivering way beyond the initial concept.