Hi,
I'm no expert and this is just my opinion but I think the introduction with the letter effects are too long and too many.
You could start by one or two full screen texts/logo but not more.
You display the Kickstarter logo, but the audience is already on Kickstarter so they know you are here
You can delete this.
I think you should also show more the product and start by explaining what it is, and how it works. Then you can put your night clubs scenes to demonstrate how it looks in the reality !
I hope it helps you