This concerns me as well! I really think you have something amazing here, I see no sense in scrapping the project if you're short 10% of the goal.
It would be a GIANT letdown for not only the community you've built, but the honesty and trust in bitcoin, altcoins and developers in general.
The project won't be scrapped it will be just the TEC that will be canceled and refunded. Not the same thing. There are other ways to gain funds. It would be a waste of money and time to do so (not just our own, but participants as well), but there are other ways.
But again, I think there is little to worry about, there is long way to go.