The Neakasa M1 is a cat litter box that stands out not only because of its open design, but also because of its self-cleaning function. This means that cat owners don't have to clean the litter box as frequently as before.https://www.notebookcheck.net/Neakasa-M1-New-smart-cat-litter-box-currently-available-at-a-reduced-price-recognizes-cats-and-tracks-them.761286.0.html
Can someone explain the rationale for using a funding service to pay for the design/marketing /production/distribution of this device versus asking investors/banks to fund traditionally?
Because in the case of investors/banks, they usually vet the source pretty diligently. There are repercussions for using someone else's money. This system has worked reasonably well for many hundreds of years.
In the case of indiegogo, and other funding sources, there seems to be many loopholes for the inventor to make mistakes, miss targets, and even commit fraud on a micro or macro scale. Why are people funding inventors without due accountability?
Gambling, innit.