It leads (hypotetically) to everyones money getting spent on making a prototype, which leaves no devices for anyone.
OR
It leads to everyone's money being taken for a ride, (bingo) during the course of which a lot of people will cancel. Same as above.
Chances of products in buyers hands, none. Chance of tears, ranging from yes to yes. If you want to believe, you get the full amount back and none of it is spent designing anything. (you wont)
The only difference being _when_ people realize. With even the dishonest and lackluster information up there now, even if you want to believe, there is
nothing to believe in.
Edit: There is also no price-point at which it makes sense.
Either its 20% for industrial prototype out of 100k, with 20k you aren't even making the case, much less a custom PCB, bios, hacking it together, a custom joystick. Its not going magically all fit and work and be ready for mass production, but that is another issue.
Even if you make it 20% out of one million euro, 200k, you won't make it this year, or the next, at best.
Look at GPD, they are a veteran company. Re-using as much as they can, fitting it into already existing ecosystem, in China. Even if you believe as strongly as you want, even doing what they do, for anyone else, is a huge undertaking.
Nobody has ever made a successful mobile Intel product.
Here comes no experience, and errors to suggest they know nothing about technology, thinking they can magically set up production in China, get away with it, and meanwhile 'make up' a prototype.
They can't even juggle kickstarters terms and condidtions. It is satire.
Edit: 10% kickstarter fees (reasonable) 10% tax 5% operational expenses.
So on the premise of they are doing this for shits and giggles, with everyone volunteering, and that 'renting an office' is the only operational expence (it isnt) How exactly do you have one company, paying 10% tax, in America?
So lets relate these numbers to actual reality.
20% for "industrial prototype" If this is the money you are taking _from_ the kickstarter, how does a prototype even get funded before the project ends?