Kickstarter updates terms: 'The creator must complete the project'
Right as a a high-profile campaign sputters out, Kickstarter has made some drastic changes to its terms of use which now stipulate that "the creator must complete the project and fulfill each reward."
That doesn't mean projects won't fail anymore, of course.
In a section headed "how projects work," Kickstarter now says that if a project does fail, its creator has "failed to live up to the basic obligations of this agreement" and those which do not meet its new terms of service, as detailed below, "may be subject to legal action by backers."