I do the same thing and have tons of issues with how they're making the game. That being said it's far from vaporware. The experience is pretty jank at the moment but 2 years ago when I played a lot it was stable and you could sink a lot of hours into an actual gameplay experience, which is far from vaporware from my understanding. Theoretically you still can but I'm waiting to play until it's more stable. It's still alpha yeah but when it works it's an actual game, albeit far from expectations and promises.

People should absolutely criticize the development but calling it fraud seems a stretch, they clearly have a product it's just like 6 years away probably from being what they talked about 6 years ago lol. It seems more like mismanagement and development bloat. The insane backers notwithstanding. Even if they dump development now I had some fun times with $45 spent. It's certainly an interesting experience to behold, I just think the hyperbole around the game can be ridiculous. My two cents.