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The possibility of failure to deliver is a risk that every backer of a Kickstarter project must accept.
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I'd agree that the possibility of failure is something any backer/investor should accept - however there is a difference between honest failure and dishonest behaviour by the 'creator'
the lady from FSC summed it up pretty well in the link you posted
Many consumers enjoy the opportunity to take part in the development of a product or service through crowdfunding, and they generally know there's some uncertainty involved in helping start something new," said Jessica Rich, Director of the FTC's Bureau of Consumer Protection.
"But consumers should be able to trust their money will actually be spent on the project they funded."
Its also interesting to note that Kickstarter have clarified creator accountability in their T&C - more info here http://www.cnet.com/news/kickstarter-updates-terms-of-use-to-clarify-creator-accountability/
none of which will apply to the OP as he has made a private arrangement with the 'creator' of images in exchange for product (which is fine if product is forthcoming and of equal value)
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