Crowdfunding platform Fig lets users recoup their investment
Several well-known game developers have set up a new crowdfunding platform called Fig. The platform is only intended for video games and offers the possibility to reward investors for their money, as well as to share the proceeds with them.
At the moment investing money is only possible for Fig accredited investors, the founders report. In the future, the aim is for anyone to become an investor in a project. Investment amounts start at 1000 dollars. Promising money in exchange for rewards, as is known from Kickstarter, is an option for everyone right away. The first investment in the company itself comes from Spark Capital, which previously invested in Oculus, among others.
Fig was founded by several well-known figures who have been in the games industry for decades. These include Brian Fargo, head of InXile Entertainment, Feargus Urquhart of Obsidian Entertainment, and Tim Schafer of Double Fine. These individuals have successful crowdfunding campaigns to their name such as Wasteland 2 and Pillars of Eternity. InXile, Obsidian and Double Fine will also offer their future projects through Fig.
Fig is online immediately and has his first campaign running; the game Outer Wilds is supposed to be a cross between Apollo 13 and Majora’s Mask and comes from studio Mobius Digital. The developers can start with $125,000. The administrators want to attract both indie studios and large, well-known developers with Fig. They are already working on the 2015 lineup, but no further details have been released yet. In any case, Fig will curate the content of the site, which Kickstarter does not do.