This is a kickstarter for: An awesome t-shirt with a picture of an Android-based game console we're developing on it.

Rewards: $180 A new Android-based game console.

All listings are reviewed by humans before published so this kind of trickery wouldn't work.

Agreed, what annoys me more in kickstarter are projects that use it as a way to get preorders. Existing a finished product or not to me seems to go away from funding the project its just a way to buy and sell

This would kill Kickstarter.

Either kickstarter is investment or it's a preorders store, it needs to pick one, it cannot be both.

If someone is really behind the concept for a product, they can just buy the product after it's available in an online store.

I could easily see this becoming a legal requirement if it gets visible to legislature.

> Either kickstarter is investment or it's a pre-sale store, it needs to pick one, it cannot be both.

The way Kickstarter presents itself, it's neither - it's not an investment; it's a way for creators and consumers to collaborate on a project.

That's subtly different from an investment per se,

(Whether you agree with that is a different question, but it's important to note how Kickstarter intends to portray itself).