Tag Archives: video game

Watch Out For Bogus Pledges

Something else for crowdfunders to watch out for: jerks that give bogus pledges at the deadline then withdraw them so the campaign fails at the last minute. This recently occurred to 2Awesome Studio, a video game developer, that was just … Continue reading

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Gone Guy – Crowdfunder Disappears

News reports the radio silence of the Kickstarter fund raiser (“Jig”) who received over $114,000 from more than 4,000 backers to create his video game The Stomping Land in June 2013. The latest communique is apparently a bulletin board message … Continue reading

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Kickstarter Grosses ~$25 Million in 2014

Kickstarter has posted its stats for 2014, including 3.3 million donors pledging $0.5 Billion ($1,000/minute) funding 22,252 projects, with big names (Neil Young, Levar Burton), and they are even touting their matchmaking ability (a funder married a donor). Be ready … Continue reading

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Crowdfunding As A Blood Sport

Kickstarter just suspended a campaign that draws your blood as you lose a video game. The Blood Sport game hacks the Nintendo Rumble Pak gaming controller and an Arduino brain. When you take a virtual “hit,” the controller shakes and … Continue reading

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Crowdfunding Scam Alert

Watch out for Maksym and Denys Pashanin who have allegedly defrauded Kickstarter investors out of $40,000 with a pixel-art RPG video game called “Confederate Express” in the fall of 2013 that did not deliver, then started a new crowdfunding campaign … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment