Does Blink apply to books that are in the draft stage, or is there still an expectation that they raise some funding on their own?

Also, to me it seems like some part of the funding process is meant to demonstrate to Inkshares that the authors are genuinely serious about their book and dedicated to getting it published. Isn’t there some risk that blink might select a project where the author, for whatever reason, really isn’t ready for, or ultimately even fully interested in, bringing a polished and complete book to the publishing table?