Most crowd funding ventures, even if it could be followed up on, end in faliure. The only reason it went on Idegogo is because it is more lax than say Kickstarter on what is allowed to be posted. Pretty sure you need some form of actual working prototype and more solid buisness plan than just "oh it might work" for it to get on kickstarter.
Now reading some of the comments people made about this project a lot mentioned the Pi. I know from experience that getting Vice to run on a Pi is a royal pain in the backside. But it would have made a good viable option. But would have still needed a considerable investment.