FTC Reaches Settlement in First Crowdfunding Case

It took the Federal Trade Commission (“FTC”) less than 48 hours to settle its first ever crowdfunding case against a deceptive Kickstarter campaign, The Doom That Came to Atlantic City! According to the FTC’s complaint, project creator Erik Chevalier raised more than $122,000 from 1,246 backers to purportedly “develop, produce, and distribute” a board game entitled …

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Caffeinate Labs Product Named One of Massachusetts Biggest Kickstarter Campaigns

Boston.com recently published its list of Massachusetts' Biggest Kickstarter Campaigns with MBBP client Caffeinate Labs product, Pocket Monkey, reaching number 8. Pocket Monkey is a wallet utility tool the size of a credit card and one-millimeter-thick that can act as a bottle opener, a door-latch slip, ruler, letter-opener, and orange-peeler. It also has three screwdrivers …

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Support Adapteva’s Parallella Project on Kickstarter

On September 27th MBBP client Adapteva, Inc. launched the "Parallella project" on Kickstarter. Adapteva is looking to raise $750,000 for their Parallella Open Computing Platform. Rewards include the Epiphany-III based Parallella board that will turn any television into a "SuperTV" by allowing users to download software, surf the web, listen to music, write e-mails and watch movies. Adapteva is approaching its goal and has over 3,500 backers but …

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