did the kickstarter fail? Sounds to me like those people got tons of people to give them free money to try to bring something to market with no ramifications i

did the kickstarter fail? Sounds to me like those people got tons of people to give them free money to try to bring something to market with no ramifications if the product can’t go to market. And no obligation to give out refunds if the product doesn’t go to market. How is that a failure?