The way I've interpreted it is that it's an indie group, made from people who've worked on other titles, but don't have the funds to fully get off of the ground, also looking to source some talented and renowned names in the field, in particular, Nobuo Uematsu.
They could probably pitch their idea to a large publishing company, perhaps like Square Enix, however, I would suspect it would be removing some control from them creatively, because generally they're not risk takers. Look at AAA titles, many of them are clones of another, because it makes business sense, stick to what you know people like. That's not necessarily a bad thing, but I think it does hold back from potentially great things.
The aim of this project is to take the JRPG genre and break away from the current JRPG mould you're seeing presently, whilst they are somewhat vague about what that means, but they've at least made it clear that they're looking to break away from linear gameplay, which many Western RPGs already do. Of course, we don't know at lot about what else they're going to do, so obviously scepticism is to be expected.
One thing the Indie market seems to be reknowned for is creative freedom, people are able to get away with not using cookie cutter methods to design a game, because the risk is seemingly lesser and now that it's a growing market, it's what people are expecting from an indie title. I also I think Kickstarter helps, rather than a AAA publishing company risking £1,000,000 on a project that doesn't necessarily follow trends, it's individuals risking how much they feel is worth risking.
If this project didn't have the kind of names associated with it, I doubt in its current state it'd get enough people backing it. It sounds like an ambitious project, with the aim to redefine JRPGs, but obviously, it's currently a concept. However, if you have faith they're capable of bringing a game you enjoy, then it might be worth backing.
I am a big JRPG fan, but have found them to not live to their full potential in recent years, the concept behind this does excite me. Looking at the team, Nobuo Uematsu isn't the only asset they have going for them, but it certain drew my interest in for 2 reasons, I've loved every game he's composed for that I've played and also I love his music. Of course, it's no guarantee the game will be good, but I think that's the risk you take.
