I imagine it's not hard to track down whomever makes the phone on Alibaba and pay them a few extra dollars to put in a few better chips. Then use Kickstarter magic to advertise it, and pocket the difference.

What's the actual evidence that they designed and made it, a screenshot of the CAD file in the video? They never actually claim they created it themselves and tested iterations etc like actual phone manufacturers do. Somehow they're more secretive than Apple?

Considering they already have "protypes" that are being reviewed, I think it lends credence to this possibility.