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It would be interesting to see the data on numbers of tabletop hobby-related kickstarters. I don’t even know if that’s accessible though. Anecdotally I suspect Kickstarter has peaked, I know I stopped bothering myself, years ago. Mainly because a year’s too long to wait for something to arrive, and I ended up getting piles of stuff arriving that I was no longer interested in.
Nowadays I buy very little new stuff, and what I do buy is stuff I know I will paint up and use fairly quickly. I pay more per item (as I also don’t tend to buy big loads of stuff, but more often single boxes or blisters), but I don’t waste any money on the piles of crap that will never see the light of day. If that anecdote is repeated then I suspect KS may be a lot less reliable as a source of income, certainly for larger offers.
I suspect the advent of cheap 3d printing may have eaten into it as well. May as well chuck the hobby dollars at STL files that will sit around unused rather than plastic models I guess?
The Warcrow situation as a potential fail is interesting. Corvus Belli are a good reliable company, so I guess the problem is with the appeal of the actual product. Hard to tell. From where I stand it just doesn’t look different or interesting enough for me, but I guess it even being a KS is enough to put me off it, so …
Looking at that Warcrow KS I see its base level is 120 Euros which I guess is fairly average for a component-heavy big box game like that. Thinking about it though, £120 or so is a fair old wedge. I do think inflation in game costs have pushed the envelope a lot to the extent where you really have to feel you are going to get a lot of enjoyment and use out of something before pledging. Maybe that’s a factor as well. Again, its anecdotal not evidential, but it does feel pledge levels are much much higher and for somewhat less stuff than they used to be (I remember the first Reaper Bones campaign!!)
Just my 2p