LONDON — (Marketwire) — 09/25/12 — Crowdfunding for games is going pro. Gambitious today launched its, accepting both fan donations and equity investments at . Gambitious- launch portfolio includes seven new projects from both indie visionaries and influential veteran game designers. Built and tailored for the video game industry, Gambitious represents the biggest opportunity independent developers have ever had to control their own creative and financial destiny.
Gambitious- provides independent game developers and publishers with the ability to secure funds for the development of a new or existing game project — while offering gamers and would-be investors the opportunity to fund video game projects with potential for financial return.
“Crowdfunding is causing a great seismic shift in how projects get funded, however, there are risks of crash-and-burn due to unfulfilled projects and unfinished games,” said Gambitious CEO Paul Hanraets. “Unlike other crowdfunding platforms, Gambitious is designed specifically for the video game industry and ups the ante of developer credibility, investor engagement and development cycle understanding.”
Gambitious offers the opportunity to invest and/or support promising ideas that have a real chance for commercial viability. The Gambitious platform includes a formal qualification process requiring all developers to submit a detailed business and marketing plan, and in all cases, the developer keeps their intellectual property. If the game reaches its investment goal and turns a profit, the investors will receive dividends based on their initial investments.
“Among today-s leading sources of video game funding, crowdfunding continues to evolve at a blistering clip,” said Scott Steinberg, author of . “A sign of things to come for the business, solutions such as Gambitious offer a more sophisticated approach to project financing and development.”
Games available for pledges in the USA and/or equity-based funding in the European Union include:
Candy Kids by Abstraction Games, The Netherlands
Cosmic DJ by Gl33k, USA
Mushroom Men by Red Fly Studio, USA
Piratoons by Fishing Cactus, Belgium
Super Micro Heroes by Mutant Games, Spain
Tink by Mimimi Productions, Germany
Train Fever by Urban Games, Switzerland
And upcoming projects include:
Earth No More by 3D Realms, USA
Pantzer Pets by Gamundo, The Netherlands
Stronghold Crusaders 2 by Firefly Studios, England
“Crowdfunding is a perfect option for this Mushroom Men game as it-s not an IP many publishing suits are likely to get, although we think gamers will,” said Kris Taylor, co-founder and lead artist, RedFly Studio. “It-s cool to be part of the first wave of games on Gambitious. Unlike other platforms, Gambitious is run by people who totally get game development and publishing, which makes it a good long term play for us and for the people putting money in.”
Currently, equity-based crowd investing is only legal in the European Union, but with the JOBS Act recently signed into law, Americans are expected to be able to participate in early 2013. Until then, Americans will be able to participate via donations (or presales).
“It is time to move from the wild, wild, west of crowdfunding to a more professional model,” said Gambitious Co-Founder Mike Wilson. “Crowdfunding is the best thing to happen to indies since shareware in the 90-s and Gambitious is a transformational way of funding the video game market — legitimizing, protecting, and maximizing the opportunity for all that want a stake in the game.”
Gambitious is the first professional crowdfunding platform exclusively dedicated to the video game industry. Gambitious provides a structured online platform where independent game developers and publishers are able to secure funds for the development of new or existing game projects through a unique hybrid model, accepting both fan donations and equity investment. Originating in the Netherlands, Gambitious was founded by game industry entrepreneurs and is backed by Symbid, the first equity-based crowdfunding platform. Built and tailored for the game industry, Gambitious represents the biggest opportunity independent developers have ever had to control their own creative and financial destiny. For more information, and to watch informational videos on crowdfunding, please visit , or follow us on Twitter at @GambitiousInc.
PRESS CONTACT:
USA:
Audrey Mann Cronin
Mann Cronin PR
914-861-2009
Andrea Schneider
Definition PR
917-769-6060
UK
Andy Payne
Gambitious
+44 7710 141393
France, Germany, Benelux, Nordic:
Salima Bessahraoui
Cosmocover
+33 (0)184 2001 04
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