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Crowfall - Want to Invest in a Throne War? You Can Now. - MMORPG.com

SBFordSBFord Former Associate EditorMember LegendaryPosts: 33,129
edited November 2016 in News & Features Discussion

imageCrowfall - Want to Invest in a Throne War? You Can Now. - MMORPG.com

Having an interview with Todd Coleman and Gordon Walton (co-founders of Artcraft Entertainment) about the recent IndieGoGo/Microventures funding news is a bit hard. You see, by the basic rules and laws put forth by the government, there’s not a whole lot they can discuss in detail about the investment setup. But they can talk about why IndieGoGo, and how things are going with Crowfall, so that’s just what we did…

Read the full story here



¯\_(ツ)_/¯ 


Comments

  • VrikaVrika Member LegendaryPosts: 7,990
    It looks like a bad investment to me.

    Expect that you get also a pledge package as free extra. If someone hasn't bought his copy of Crowfall yet, now is good time to invest $100 on the game and you'll get stocks on the company plus a copy of the game.
     
  • chocolate-mousechocolate-mouse Member UncommonPosts: 73
    edited November 2016
    As someone who initially backed them with the Kickstarter I have to say no. Not just no but heck no! My first question was going to be "will they have any actual responsibility to actually deliver a product unlike other crowdfunding sources?" Just had to read a bit further to find that one out.

    "But the fun part with the regulations is we can’t tell you how we plan to make money, we can just promise that we’ll try and hope you believe in our product enough to invest."

    Oh ya, I absolutely love giving free money to folks with no information and they have zero responsibility to me, unlike actual real investors. That's why game companies have stopped getting funding from real investors. They can just milk us before they even give us an actual game. Just...wow.
  • coolster50coolster50 Member UncommonPosts: 45


    As someone who initially backed them with the Kickstarter I have to say no. Not just no but heck no! My first question was going to be "will they have any actual responsibility to actually deliver a product unlike other crowdfunding sources?" Just had to read a bit further to find that one out.



    "But the fun part with the regulations is we can’t tell you how we plan to make money, we can just promise that we’ll try and hope you believe in our product enough to invest."



    Oh ya, I absolutely love giving free money to folks with no information and they have zero responsibility to me, unlike actual real investors. That's why game companies have stopped getting funding from real investors. They can just milk us before they even give us an actual game. Just...wow.


    Fight the regulation, not the ones following it.
  • goobsnewsgoobsnews Member UncommonPosts: 220
    Hahaha, yeah, they can't tell us what the money is for and aren't telling us how they plan to make money. Is this medieval star citizen?
  • JyiigaJyiiga Member UncommonPosts: 1,187
    I really hate the "age of crowd funding". At least when it comes to MMO titles. Little tidbits of news three times a week for years on end. Ugh.
  • AeanderAeander Member LegendaryPosts: 8,061
    goobsnews said:
    Hahaha, yeah, they can't tell us what the money is for and aren't telling us how they plan to make money. Is this medieval star citizen?
    No, no, no. That would be Chronicles of Elyria.
  • IncomparableIncomparable Member UncommonPosts: 1,138
    edited November 2016
    did it say what the total shares, to know what 1 share is in equity.

    do i go by the total funding they got 9.9 million and the worth of 1 share, which is $1.1.

    or the expected worth of equity of 20 million?

    so total shares are 18,181,818?
    $100 = 110 shares
    110 shares / 18,181,818 = .0006%

    “Write bad things that are done to you in sand, but write the good things that happen to you on a piece of marble”

  • FlyByKnightFlyByKnight Member EpicPosts: 3,967
    Am I mistaken in feeling like this is a "We want angel investors (many), without having to be accountable?"

    While better than Kickstarter... it's still a not a good idea for any reasonable gamer.
    "As far as the forum code of conduct, I would think it's a bit outdated and in need of a refre *CLOSED*" 

    ¯\_(ツ)_/¯
  • JamesGoblinJamesGoblin Member RarePosts: 1,242
    goobsnews said:
    Hahaha, yeah, they can't tell us what the money is for and aren't telling us how they plan to make money. Is this medieval star citizen?
    How to make money - they are explaining it in detail (see link below, and it was well known earlier anyway): box price, optional sub + microtrans/cash shop.

    PS Medieval Star Citizen title is already awarded to Shroud of the Avatar.

    did it say what the total shares, to know what 1 share is in equity.

    do i go by the total funding they got 9.9 million and the worth of 1 share, which is $1.1.

    or the expected worth of equity of 20 million?

    so total shares are 18,181,818?
    $100 = 110 shares
    110 shares / 18,181,818 = .0006%

    You, and anyone wondering about details, can find some answers on their MicroVentures page. They are also answering questions in comments below - https://app.microventures.com/crowdfunding/artcraft-entertainment

    Am I mistaken in feeling like this is a "We want angel investors (many), without having to be accountable?"

    While better than Kickstarter... it's still a not a good idea for any reasonable gamer.

    I see it as basically prolonged Kickstarter (tho I'm certainly not an expert) and they already, after only couple days (out of 60+) raised $50k.
     W...aaagh?
  • donger56donger56 Member RarePosts: 443
    edited November 2016
    People need to be realistic about this. It isn't really that much different from a kickstarter, but at least you are told up front that you are risking any money you put up, and that there is a chance for a return. People that are expecting some kind of detailed financial report or some project approval for 100$ are nuts. This is not the sort of thing you dump your retirement fund into or something. The real pay off is going to be having a decent game to play more than any real financial gain anyway. I just like that it is clearly stated what you are getting into unlike some of these kickstarters who try to pretend that they are a charity or something and that people who funded them are not customers and have no cause to ask for refunds. I've already done chargebacks on a couple of shit companies and felt completely justified in doing so because I was a customer, not an investor.
  • ThaneThane Member EpicPosts: 3,534
    edited November 2016
    yep, there are always 2 ways, microtransactions, or fundings.
    CU is going the better way imo.
    and to claim their model does not work is simply put a lie. they are working with it atm, they ARE producing their game.


    microtransactions are simply.... yea, whatever.

    "I'll never grow up, never grow up, never grow up! Not me!"

  • Gobstopper3DGobstopper3D Member RarePosts: 970
    Give us more money! Why? We can't ell you, but trust us! NO thank you.

    I'm not an IT Specialist, Game Developer, or Clairvoyant in real life, but like others on here, I play one on the internet.

  • lahnmirlahnmir Member LegendaryPosts: 5,054
    I can't find info about having already pledged and wanting to invest as well. Does it ad up and give me a higher tier or do I just get the same package again when I drop another 100 bucks? There is no incentive to invest for those who have already pledged besides getting shares if that is the case which would be a waste.

    If my invested money ads up towards a higher tier I might actually consider, if it gives me the same stuff I got last time, hell no.

    I am surprised however by people treating this game and its funding as if it is a scheme. There is an actual game here, fun as well.

    /Cheers,
    Lahnmir

    'the only way he could nail it any better is if he used a cross.'

    Kyleran on yours sincerely 


    'But there are many. You can play them entirely solo, and even offline. Also, you are wrong by default.'

    Ikcin in response to yours sincerely debating whether or not single-player offline MMOs exist...



    'This does not apply just to ED but SC or any other game. What they will get is Rebirth/X4, likely prettier but equally underwhelming and pointless. 

    It is incredibly difficult to design some meaningfull leg content that would fit a space ship game - simply because it is not a leg game.

    It is just huge resource waste....'

    Gdemami absolutely not being an armchair developer

  • CopperfieldCopperfield Member RarePosts: 654
    yes Sir.. putting money into a fail concept

    Hype!!
  • JamesGoblinJamesGoblin Member RarePosts: 1,242
    lahnmir said:
    I can't find info about having already pledged and wanting to invest as well. Does it ad up and give me a higher tier or do I just get the same package again when I drop another 100 bucks? There is no incentive to invest for those who have already pledged besides getting shares if that is the case which would be a waste.

    If my invested money ads up towards a higher tier I might actually consider, if it gives me the same stuff I got last time, hell no.

    I am surprised however by people treating this game and its funding as if it is a scheme. There is an actual game here, fun as well.

    /Cheers,
    Lahnmir

    You have it covered (if I understood Todd's answer right?) in the comments of link I gave in my previous post:

    "For those of us who are existing Crowfall backers, especially those with Kickstarter or similar early pledge packages, would it be possible for us to use the value of any potential investment that would result in a game package, to upgrade our existing packages ? For instance, if a user has a Kickstarter Sapphire and invests $1000, which comes with a 2017 Sapphire package as a perk, they could instead be granted an upgrade to Kickstarter Ruby?

    While I am aware there would need to be time and energy put into upgrading older tiers, I believe it would be a nice gesture for ArtCraft if it all possible and mutually beneficial to the investment effort. This will give an additional incentive for current backers to invest, granting them an upgrade for their existing era pledge tiers that would otherwise be unavailable. Thank you."


    ...and here's the answer: "Yes, we have always been open to allowing players to exchange packages and virtual goods for other the digital items available in our store (of equivalent value, of course). After you get your package, contact customer support at : support@crowfall.com."

     W...aaagh?
  • lahnmirlahnmir Member LegendaryPosts: 5,054



    lahnmir said:

    I can't find info about having already pledged and wanting to invest as well. Does it ad up and give me a higher tier or do I just get the same package again when I drop another 100 bucks? There is no incentive to invest for those who have already pledged besides getting shares if that is the case which would be a waste.



    If my invested money ads up towards a higher tier I might actually consider, if it gives me the same stuff I got last time, hell no.



    I am surprised however by people treating this game and its funding as if it is a scheme. There is an actual game here, fun as well.



    /Cheers,

    Lahnmir





    You have it covered (if I understood Todd's answer right?) in the comments of link I gave in my previous post:

    "For those of us who are existing Crowfall backers, especially those with
    Kickstarter or similar early pledge packages, would it be possible for
    us to use the value of any potential investment that would result in a
    game package, to upgrade our existing packages ? For instance, if a
    user has a Kickstarter Sapphire and invests $1000, which comes with a
    2017 Sapphire package as a perk, they could instead be granted an
    upgrade to Kickstarter Ruby?



    While I am aware there would need to be time and energy put into
    upgrading older tiers, I believe it would be a nice gesture for ArtCraft
    if it all possible and mutually beneficial to the investment effort.
    This will give an additional incentive for current backers to invest,
    granting them an upgrade for their existing era pledge tiers that would
    otherwise be unavailable. Thank you."


    ...and here's the answer: "Yes, we have always been open to allowing players to exchange packages
    and virtual goods for other the digital items available in our store (of
    equivalent value, of course). After you get your package, contact
    customer support at : support@crowfall.com."




    Frigging sweet. Now I've got 60 days to decide if I am going to be a raving fanboy or a reasonable adult. Thanks for the info, seems I completely missed that part.

    /Cheers,
    Lahnmir
    'the only way he could nail it any better is if he used a cross.'

    Kyleran on yours sincerely 


    'But there are many. You can play them entirely solo, and even offline. Also, you are wrong by default.'

    Ikcin in response to yours sincerely debating whether or not single-player offline MMOs exist...



    'This does not apply just to ED but SC or any other game. What they will get is Rebirth/X4, likely prettier but equally underwhelming and pointless. 

    It is incredibly difficult to design some meaningfull leg content that would fit a space ship game - simply because it is not a leg game.

    It is just huge resource waste....'

    Gdemami absolutely not being an armchair developer

  • lahnmirlahnmir Member LegendaryPosts: 5,054


    yes Sir.. putting money into a fail concept

    Hype!!



    No Wildstar 2.0 reference this time? You are getting lazy mr. Copperfield. I do wonder about the failed concept though, what concept might that be?

    /Cheers,
    Lahnmir
    'the only way he could nail it any better is if he used a cross.'

    Kyleran on yours sincerely 


    'But there are many. You can play them entirely solo, and even offline. Also, you are wrong by default.'

    Ikcin in response to yours sincerely debating whether or not single-player offline MMOs exist...



    'This does not apply just to ED but SC or any other game. What they will get is Rebirth/X4, likely prettier but equally underwhelming and pointless. 

    It is incredibly difficult to design some meaningfull leg content that would fit a space ship game - simply because it is not a leg game.

    It is just huge resource waste....'

    Gdemami absolutely not being an armchair developer

  • illutianillutian Member UncommonPosts: 343
    Anyone who thinks this is their chance to 'make it big' is a damn fool. Assuming you get dividends, it'll be the amount left over after paying expenses, then the profit will be divided among the shareholders. You literally could end up earning a penny for your $1000 (seems this is the average minimum to invest).

    Dividends are almost always paid out quarterly; total of 4 times a year. So, ya, do the math. See how long it'll take to earn back the money invested.

    But, Illutian, the payout will increase if the game does well.

    No shit. But be realistic. The chances of Crowfall being the next WoW or next LoL is a slim chance in Hell after it's frozen over, thawed, and turned into a tropical paradise called Eden II.

    You'd have better returns taking the amount you want to invest and investing it in a NASDAQ-traded stock that also pays out dividends.

    Our greatest glory is not in never falling but in rising everytime we fall.

  • JamesGoblinJamesGoblin Member RarePosts: 1,242
    illutian said:
    Anyone who thinks this is their chance to 'make it big' is a damn fool. Assuming you get dividends, it'll be the amount left over after paying expenses, then the profit will be divided among the shareholders. You literally could end up earning a penny for your $1000 (seems this is the average minimum to invest).

    Dividends are almost always paid out quarterly; total of 4 times a year. So, ya, do the math. See how long it'll take to earn back the money invested.

    But, Illutian, the payout will increase if the game does well.

    No shit. But be realistic. The chances of Crowfall being the next WoW or next LoL is a slim chance in Hell after it's frozen over, thawed, and turned into a tropical paradise called Eden II.

    You'd have better returns taking the amount you want to invest and investing it in a NASDAQ-traded stock that also pays out dividends.
    @illutian I absolutely agree (while being a more-less rabid Crowfall fan =) ) - basically, devs found a way to make another wave of crowdfunding and get some media attention. "Investing" here is about supporting the game and NOT making money, what one gets in return is similar to standard pledge packages.
     W...aaagh?
  • dontadowdontadow Member UncommonPosts: 1,005
    This is the first I've heard in a bit of the other modes that weren't "pvp" related that were promised. I backed two games so I'm in for a penny anyway. I like the concept and the enthusiasm. I'm worried about the scope creep and the altered premarketing rhetoric.
  • dontadowdontadow Member UncommonPosts: 1,005

    lahnmir said:





    yes Sir.. putting money into a fail concept

    Hype!!






    No Wildstar 2.0 reference this time? You are getting lazy mr. Copperfield. I do wonder about the failed concept though, what concept might that be?



    /Cheers,

    Lahnmir



    As a backer and cuatiously optomostic supporter, I do feel that the initial concept of a a world with multiple campaigns on different rulesets has been scaled down in conversations post kickstarter launch. Intially, what got me interested, was the idea of campaigns that were both pvp and pve with different lengths, rules and themes. Post marketing, a lot of the focus has shifted to pvp only with world's being fairly similar. Of course, this article was the first I'd heard in a while of the differnt world's still on the table but happening after teh game launch. Considering initially it was mentioned that all of this would be launched at once I'd say that it is certainly an altered concept.
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