I am one of the two backers of the campaign
Had contact with Jack, message is consistent and in line with what others are reporting:
"Project will be started after Taichung bike week, Indiegogo to gain more orders and visibility"
In the end it is a risk assessment, there are always risks when you buy directly from China or even when you purchase from a western OEM locally
Probably more risks with Indiegogo involved, but that is up to everyone to asses
Pricing will very likely increase for later direct orders, therefore I took the risk as the frame ticks most of my needs