Comments

• tiglie Member UncommonPosts: 43

  November 2016

  Seems arbitrary on what the actual payout can or could be, but I, like I imagine most people in our "income" bracket, am not familiar with investment payouts and options. At least now the misinformed crowdfunders who consider themselves "investors" can actually truly be an investor (i.e. have a chance for some return). This will be interesting to watch from the sidelines to see what it leads to. The concept seems incredibly lucrative from an economic standpoint.
• DarkHigh Member UncommonPosts: 157

  November 2016

  My problem with this is this game offers subscription and cash shop. I feel like this is going to start off great and quickly become archeage all over again. Shame it looks like a good game, have a bad feeling about this one.
• JamesGoblin Member RarePosts: 1,242

  November 2016

  DarkHigh said:

  My problem with this is this game offers subscription and cash shop. I feel like this is going to start off great and quickly become archeage all over again. Shame it looks like a good game, have a bad feeling about this one.

  Archeage? Wrong company, furthermore wrong continent. If you want to make parallels, EVE would fit much better (of course, with all of the downsides).
  
  On topic, It reminded me of this Star Citizen reddit thread "ignited" by the recent Eurogamer's article - many saw Todd's words as a hidden provocation to Chris Roberts - https://www.reddit.com/r/starcitizen/comments/5dazc9/mmo_crowfall_cofounders_takes_some_shots_at_cig/?st=ivrj2r6t&sh=639bfaab
  
  Here are the "critical" quotes:
  

  "If we had more money, if we had Star Citizen money, we'd make a bigger game! But we wouldn't slow down the shipment."

  "To us, more money equates to more time and work on content in our game. We don't have lavish offices, we have crappy old beat up furniture we bought at an auction; we don't have big fancy latte machines or anything like that, although I could make an argument for the productivity boost we might get out of one of those! but I'm too cheap to buy one.

  "All of the funds that we get in go to one place with almost no exceptions: it's into our people. It's buying more heads - more butts in more chairs to produce more code and more art and design and more of everything."

   W...aaagh?
  
• MadFrenchie Member LegendaryPosts: 8,505

  November 2016 edited November 2016

  @JamesGoblin if that wasn't a subtly directed hit at CIG and CR...  Todd has the situational awareness of a tangerine.

  
• Slapshot1188 Member LegendaryPosts: 17,662

  November 2016

  For most people this is not really going to matter.  If however you were one of those guys tossing thousands of dollars at a project to "support" it then maybe this is a good idea for you.   You can "support" it and actually have a chance at some non-pixel returns if the game/company succeeds. This comes with a significant reduction in "bling" as the Indegogo investor packages are much higher and provide much less game product than the Kickstarter.
  
  Of course, I think that despite most folks saying they are "supporting" a game they are really just tossing down the cash to gain an advantage, but I will forever be cynical.
  
  
  
  
  

  All time classic  MY NEW FAVORITE POST!  (Keep laying those bricks)

  "I should point out that no other company has shipped out a beta on a disc before this." - Official Mortal Online Lead Community Moderator

  Proudly wearing the Harbinger badge since Dec 23, 2017. 
  

  Coined the phrase "Role-Playing a Development Team" January 2018

  "Oddly Slap is the main reason I stay in these forums." - Mystichaze April 9th 2018
• JamesGoblin Member RarePosts: 1,242

  November 2016

  @MadFrenchie I guess he just got tired of Star Citizen parallels, which are always made in, well, less than flattering manner. I saw a dozen of these lately, especially after Crowfall budget went over $10M and their Indiegogo was announced.
  
  For example, after I submitted the aforementioned Eurogamer article to gamernews reddit, it exploded into another Star Citizen debate. Oh by the way, the article was about Crowfall
  

   W...aaagh?
  
• jonp200 Member UncommonPosts: 457

  November 2016 edited November 2016

  First of all, not negative on this it is kind of cool..The company needs to source capital and kudos for being innovative.
  
  You however are buying stock in a company but not buying stock in a publicly traded company on an exchange. There is no provision at the outset for divesting yourself of the stock should you need access to cash and like a common stock there is no guaranty that you will ever be paid a dividend; no requirement at all.
  
  I'm pretty "bullish" on Crowfall but there is a reason these type of investments weren't available to most of us for many years; they carry a lot more risk. If you like Crowfall and want to be a part of that story by all means, make an investment. If you are looking at this as a means to hit the lottery, you might think about setting up a monthly investment in a mutual fund. You would probably be better off.
  
  The golden rule of investing: Never invest in anything you don't understand. Make sure you know how an investment works before you take the plunge. (and all of that is available on the site by the way. Give it a good read)
  
  Please don't take this as specific financial advice. I'm no longer licensed and wouldn't want to do that... kidding aside, I saw posts on the indie site with people saying "I've never invested in anything before. Is this right for me?" Let me answer that. Nope, probably not a fit...

  Seaspite
  Playing ESO on my X-Box
  

  
  
• JamesGoblin Member RarePosts: 1,242

  November 2016

  TimEisen said:

  
  

  jonp200 said:

  
  

  First of all, not negative on this it is kind of cool..The company needs to source capital and kudos for being innovative.
  
  
  
  You however are buying stock in a company but not buying stock in a publicly traded company on an exchange. There is no provision at the outset for divesting yourself of the stock should you need access to cash and like a common stock there is no guaranty that you will ever be paid a dividend; no requirement at all.
  
  
  
  I'm pretty "bullish" on Crowfall but there is a reason these type of investments weren't available to most of us for many years; they carry a lot more risk. If you like Crowfall and want to be a part of that story by all means, make an investment. If you are looking at this as a means to hit the lottery, you might think about setting up a monthly investment in a mutual fund. You would probably be better off.
  
  
  
  The golden rule of investing: Never invest in anything you don't understand. Make sure you know how an investment works before you take the plunge. (and all of that is available on the site by the way. Give it a good read)
  
  
  
  Please don't take this as specific financial advice. I'm no longer licensed and wouldn't want to do that... kidding aside, I saw posts on the indie site with people saying "I've never invested in anything before. Is this right for me?" Let me answer that. Nope, probably not a fit...

  
  

  
  
  Id wager this entire format is meant to attract mass small investors. As u said it's risky and if an investor had lots of cash there is likely safer/more beneficial ways to invest than this one. I'm viewing it more of a fun way for a hardcore fan to lend support and have a bit to be proud of. "I own J.Todd"

  Basically, you are getting somewhat flattering title of "Crowfall Investor" (wait, do I hear laughter from the back seat?) and micro-chances of earning some, atop of normal pledge bundle.
  

   W...aaagh?
  
• gordonwalton Member UncommonPosts: 11

  November 2016

  
  

  jonp200 said:

  
  

  First of all, not negative on this it is kind of cool..The company needs to source capital and kudos for being innovative.
  
  
  
  You however are buying stock in a company but not buying stock in a publicly traded company on an exchange. There is no provision at the outset for divesting yourself of the stock should you need access to cash and like a common stock there is no guaranty that you will ever be paid a dividend; no requirement at all.
  
  
  
  I'm pretty "bullish" on Crowfall but there is a reason these type of investments weren't available to most of us for many years; they carry a lot more risk. If you like Crowfall and want to be a part of that story by all means, make an investment. If you are looking at this as a means to hit the lottery, you might think about setting up a monthly investment in a mutual fund. You would probably be better off.
  
  
  
  The golden rule of investing: Never invest in anything you don't understand. Make sure you know how an investment works before you take the plunge. (and all of that is available on the site by the way. Give it a good read)
  
  
  
  Please don't take this as specific financial advice. I'm no longer licensed and wouldn't want to do that... kidding aside, I saw posts on the indie site with people saying "I've never invested in anything before. Is this right for me?" Let me answer that. Nope, probably not a fit...

  
  

  
  
  This is an excellent summary worth reading for any non-accredited investor. The key difference now is that higher risk/less liquid investments are now open to non-accredited investors (i.e. regular people), but you absolutely should scrutinize these types of investments carefully so you can make an informed judgement. Accredited investors rarely invest money they can't afford to lose, and they are doing so in the hopes of higher than normal returns.
  
  We offered this because a lot of backers asked for it when we first did our Kickstarter and since then.
• JamesGoblin Member RarePosts: 1,242

  November 2016

  TimEisen said:

  
  

  JamesGoblin said:

  
  

  
  

  TimEisen said:

  
  

  
  
  

  jonp200 said:

  
  
  

  First of all, not negative on this it is kind of cool..The company needs to source capital and kudos for being innovative.
  
  
  
  
  
  You however are buying stock in a company but not buying stock in a publicly traded company on an exchange. There is no provision at the outset for divesting yourself of the stock should you need access to cash and like a common stock there is no guaranty that you will ever be paid a dividend; no requirement at all.
  
  
  
  
  
  I'm pretty "bullish" on Crowfall but there is a reason these type of investments weren't available to most of us for many years; they carry a lot more risk. If you like Crowfall and want to be a part of that story by all means, make an investment. If you are looking at this as a means to hit the lottery, you might think about setting up a monthly investment in a mutual fund. You would probably be better off.
  
  
  
  
  
  The golden rule of investing: Never invest in anything you don't understand. Make sure you know how an investment works before you take the plunge. (and all of that is available on the site by the way. Give it a good read)
  
  
  
  
  
  Please don't take this as specific financial advice. I'm no longer licensed and wouldn't want to do that... kidding aside, I saw posts on the indie site with people saying "I've never invested in anything before. Is this right for me?" Let me answer that. Nope, probably not a fit...

  
  
  

  
  
  
  
  Id wager this entire format is meant to attract mass small investors. As u said it's risky and if an investor had lots of cash there is likely safer/more beneficial ways to invest than this one. I'm viewing it more of a fun way for a hardcore fan to lend support and have a bit to be proud of. "I own J.Todd"

  
  

  
  Basically, you are getting somewhat flattering title of "Crowfall Investor" (wait, do I hear laughter from the back seat?) and micro-chances of earning some, atop of normal pledge bundle.
  

  
  

  
  
  I wonder if you had big dollars its likely you could approach ACE yourself and secure better investment terms or if, by doing this process, they would have to turn you to investing through Indiegogo?

  If I got it right, they already did a round (or more?) with big investors - and I hope they'll do more. Now I only have to figure out how to make my first million.
  

   W...aaagh?