There is no backup plan to fund the project if Canonical doesn't raise enough money
Canonical is betting everything on the Ubuntu Edge IndieGoGo campaign, but users shouldn't get too excited because the phone will not be made if the project fails.Unlike other products developed by Canonical, Ubuntu Edge relies on the complete support of the community. This means that Mark Shuttleworth will not invest his own money into such a large project, especially if the campaign is a bust.
“We appreciate every bit of support we receive during the 30 days, and every backer will be welcomed into the Ubuntu community. If we don’t reach our target then we will focus only on commercially available handsets and there will not be an Ubuntu Edge,” reads the answer for a FAQ entry.
This means that, even if you pledged the money for the device, in case the project fails, there is no backup plan to release Ubuntu Edge with other funds.
If you want to know more about this product please check our initial report and the details about the hardware specification and pricing.