[Update: Project Suspended] Indiegogo Continues To Have No Standards, Allows $50,000 Flex-Fund Campaign For Vaporware Modular Smartphone

Update 1: 2015/05/01 1:50pm PDT
Indiegogo reached out to let us know they’re reviewing the campaign. We’ll update if they take action.
Update 2: 2015/05/01 1:50pm PDT
Indiegogo has suspended the campaign, no backers will be charged.

Crowdfunding is one of the “new” tech economy’s sharpest double-edged blades. While it has served as a legitimate platform for fans to support products and content they genuinely believe in and want to see become a reality, it is also ripe for scamming and incompetence.

[Update: Project Suspended] Indiegogo Continues To Have No Standards, Allows $50,000 Flex-Fund Campaign For Vaporware Modular Smartphone was written by the awesome team at Android Police.