Crowdfunding – The Ups and Downs

We all know crowdfunding, that fairly recent an idea of lots of everyday people funding projects rather than privately or by big companies. This keeps those products solely in the hands of the creators, and lets consumers essentially pre-order those products. There are a lot of crowd funding websites these days, with Kickstarter being the biggest. And of course there is some inherent risk when it comes to this sort of business model. I have several Kickstarter projects active at the moment, only 1 out of the 6 have I received the full reward, and the first one I joined, almost 2 years ago, still has not delivered. This is of course one of the downsides of crowdfunding, the waiting, and often no definite shipping time.

Though some of my supported projects are taking their sweet time, they are progressing and updates are still coming from all of them. This is not the case in all projects though. This year, we see the first ever consumer protection lawsuit involving crowdfunding. It has been filed in the state of Washington, in the U.S. and is against Ed Nash and his company Altius Management over the Asylum Playing Cards project. The project garnered just over US $25,000, but then all communication stopped and orders were never received. As stated in the Terms of Use of Kickstarter, there is a legal obligation for creators to uphold their promises. Being this is the first case, if it is won, this will give precedence for further cases later on. It might give some people pause to think before creating their own projects.

You can read about the whole thing here, in more detail – Kickstarter fraud: Washington files first consumer protection lawsuit involving crowdfunding.

Now to the upside of crowdfunding. Kickstarter is doing a magnificent job of providing crowdfunding opportunities to a lot of people, and there are many other sites that do very similar things, I haven’t seen anything specifically dedicated to the gaming industry.

Until now that is, with the appearance of gamingfunder.com. A crowdfunding site specifically designed to benefit the gaming industry, from board games to card games, RPGs to wargames, and even video games too. The site will open on May the 5th, so it should be open not long after this article goes live. A project from TOR Gaming will be the first item on the site, Relics Reinforcements, for their line of skirmish wargaming. I don’t know much about Relics or TOR Gaming, since it is based in the UK.

From the announcement:

On the 5th May 2014 GamingFunder.com launches with the Relics Reinforcements 2 project from Tor Gaming.

What is GamingFunder.com?

GamingFunder.com is a crowdfunding platform set up specifically for the gaming industry. Whether it’s board games, card games, wargames, RPGs or computer games and anything in between – GamingFunder.com is a platform designed and built specifically for these projects.

The platform will bring many advantages for projects run on it including project based community centres, making interacting between project owners and backers easier.

For successful project using the ‘All or Nothing’ the site will charge a commission of just 2% allowing the projects to keep more of their pledges!

The site will launch on the 5th May. The first project will be the Relics Reinforcements 2 project and the site will then open up to other projects shortly afterwards.

Anyone interested in running a project on the site can email them on contact@gamingfunder.co.uk
What is Relics?

Relics is our 28mm scale unit skirmish tabletop wargame. It’s a game of striking visuals as we take ever effort to ensure the term ‘cookie cutter’ can’t be applied to what we do!

The rules system has some key points that make the game interesting, fun and different. With exciting tension built into the activation sequence and the core dice mechanic makes use of doubles for successes taking the games dice mechanic probabilities away from the boring, predictable target based systems.
What is the Relics Reinforcements 2 project?

This project is being run by Tor Gaming with the aim to fund the productions of a new terrain piece (usable as objectives in our scenarios), exclusive model and the remaining profiles in the rulebook. If we do well, we will also create faction objective markers as well as game tokens.

If the project is successful enough, they will move onto previously unseen profiles for all four existing projects!

 

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2 Comments
  1. May 6, 2014 | Reply
  2. ouro
    May 12, 2014 | Reply

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