Many kickstarter campaigns have failed, some of them somewhat fantastically. Although most start out in good faith, it is a sad fact that sometimes developers run into hurdles or out of funds and fail to deliver what was promised. In such an event, there is no recourse for investors. Kickstarter is a platform for people to invest in an idea or product. Just like in the business world, not all investments are sound and yes there is an inherent risk involved with any investment, as there is no guarantee that contributors will receive their rewards or legal recourse if they do not.
One guy famously got an anime book kickstarted and had them published and printed, but ran out of money and was unable to ship the books to backers. He ended up burning like the majority stock of his books which failed to ship. I am not making this up; stuff like this makes me a sad puppy.
https://www.dnainfo.com/chicago/2014...rns-them-alleyWICKER PARK — A 30-year-old webcomics artist who raised more than $50,000 on Kickstarter has burned the books his donors paid for because, he says, he ran out of money to ship them.