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Would you contribute to fund a game by crowdfunding?

09-10-2011, 06:04 PM
#1
Joined: Mar 2010
Posts: 547
Would you contribute to fund a game by crowdfunding?

I have posted a pretty long post about crowdfunding in the developer section of this forum (http://forums.toucharcade.com/showthread.php?t=106583).

Now I would like to know, what you as a regular player think about crowdfunding.

Would you donate or otherwise contribute to a game being in concept state with a future release?

If yes, why?
If no, why not?
If there are "conditions" for your participation, what are they?

I ask this, because we started a campaign on IndieGoGo (see my signature) and I would like to know from the probably biggest iPhone community, what we can do better to get attention and/or if it is even worth a try.
09-10-2011, 06:17 PM
#2
No for a few reasons.

- Not sure what might happen to a game in concept stage; will it even get to coding, or alpha stage or any stage. If this doesn't happen what will happen to my donation? Help fund future projects? Buy you a coffee? Contribute to your college fund?

- I am bombarded with requests for charitable donations everywhere I turn in real life, I would like to come to the forums to get away from that and not have requests for money.

- Say the game DOES make it and makes it big. Will you give people who donated a piece of the pie? Or is the money I give you going to be used for your profit alone?

- It will be a very ugly place if forum members give you money to fund a failure. You know what they say about never borrowing from friends. Do you want your PM box to be flooded with update requests and updates on what is being done with everyone's money?

- Sign up for something like Kickstarter which attracts people LOOKING to donate money instead of random forum members here.

09-10-2011, 06:38 PM
#3
Joined: Mar 2010
Posts: 547
Thanks for reply.

You probably didn't read my post carefully.

There is a link in my signature where you can read about the project and what will happen with the money and what reward you can expect.

In this topic I want to get general information about your opinion about crowdfunding on Kickstarter or in our case on IndieGoGo (which is a similar site to Kickstarter, but for international users) not begging for money.

We are new to this and we can't talk to people on Kickstarter, so I want to hear the opinion of this community, because with this community I can talk and in my experience it is a helpful one

Last edited by Therealtrebitsch; 09-10-2011 at 06:41 PM.
09-10-2011, 06:42 PM
#4
Joined: Mar 2010
Posts: 1,737
@OP: I have considered the idea of contributing a few bucks to such projects before, but I've never actually contributed to any. The major issue I see is that internet scams are rampant, and there's no good way for me to know that someone on Kickstarter won't just run off with the money, or spend it frivolously. I guess the other problem is that most of the developers whose projects I would want to contribute to already have a history of good games and therefore wouldn't need funding. Those that do need it have little to no history in the field, and therefore no good way to measure their credibility or the quality of the upcoming project. Yes, we will always been given screenshots and concept art, but those are easy to decorate and they aren't always representative of the final product.

@NEG: I agree that the forums would be worse off if they were filled with developers begging for funds, but it seems that the OP is mostly trying to gather information about whether or not to use sites like IndieGoGo or KickStarter, and not so much to advertise his project. I think that's a very valid topic for a thread. I actually wouldn't mind a single collective thread containing all of the KickStarter (or other similar sites) iOS projects, so that I could skim through them quickly, rather than having to visit each individual site and do a search. Also, if you believe the only reason to ever contribute to said projects is for equity, then of course you would want to look elsewhere. Investing in most iOS games would be a losing proposition, and the best ones are usually from developers that clearly don't need the funding. If I were to contribute, it would be because it's a game I want to see exist, not because I wanted a cut of the profits.
09-10-2011, 06:52 PM
#5
Joined: Mar 2010
Posts: 547
@Dazarath:

Thanks for the reply.

We actually have a track record on the appstore and we have games, which were Nr2 in US top overall.

We have made a few hundred thousand dollars, but we have also high maintanance costs and more games which don't get so much money.

Our company is running since 2002 (developing for iPhone since 2009) and you can think, that those few hundred thousands are already gone (or almost gone).

We are working on new projects, but our dream project is a big one, so we need extra funding to be able to start it.

I tell you this only because I want to explain, that in the business world if somebody needs extra funding doesn't always mean, that they are unsuccessful or scambags. Maybe it only means, that they have a lower success rate at the moment and they have to try to get the next big hit to be able to continue.

Not even Chillingo or EA produces only hit games.

If only unsuccessful companies would ask for a loan, there were no such thing like investment bankers.

Last edited by Therealtrebitsch; 09-10-2011 at 06:56 PM.
09-10-2011, 08:03 PM
#6
Joined: Mar 2010
Posts: 1,737
Quote:
Originally Posted by Therealtrebitsch View Post
I tell you this only because I want to explain, that in the business world if somebody needs extra funding doesn't always mean, that they are unsuccessful or scambags. Maybe it only means, that they have a lower success rate at the moment and they have to try to get the next big hit to be able to continue.
This is true, but I think we can both agree that a non-zero number of those needing funding would fall under those two categories. And it starts to become a lot of work if I have to put in hours of research for each project that I might want to contribute to in order to avoid the bad ones.
09-10-2011, 08:27 PM
#7
Joined: Feb 2010
Location: USA
Posts: 1,392
Quote:
Originally Posted by New England Gamer View Post
No for a few reasons.

- Not sure what might happen to a game in concept stage; will it even get to coding, or alpha stage or any stage. If this doesn't happen what will happen to my donation? Help fund future projects? Buy you a coffee? Contribute to your college fund?

- I am bombarded with requests for charitable donations everywhere I turn in real life, I would like to come to the forums to get away from that and not have requests for money.

- Say the game DOES make it and makes it big. Will you give people who donated a piece of the pie? Or is the money I give you going to be used for your profit alone?

- It will be a very ugly place if forum members give you money to fund a failure. You know what they say about never borrowing from friends. Do you want your PM box to be flooded with update requests and updates on what is being done with everyone's money?

- Sign up for something like Kickstarter which attracts people LOOKING to donate money instead of random forum members here.
These are the exact reasons why I'm against it as well.
Like he said, stick to Kickstarter, it seems like it has the biggest community available.
09-10-2011, 08:28 PM
#8
Joined: Mar 2010
Posts: 547
Quote:
Originally Posted by Dazarath View Post
This is true, but I think we can both agree that a non-zero number of those needing funding would fall under those two categories. And it starts to become a lot of work if I have to put in hours of research for each project that I might want to contribute to in order to avoid the bad ones.
Not necessarily.

Look at IndieGoGo.
How many game projects do you see there? Not too much.

Just look for a project, that might interest you. I think you can sort out really quick those, which absolutelly don't interest you.

Then look at those, which interest you. You can see then, how many work they have put into their description etc.

If there is just a line like "gimme money", you can be sure, that they will handle your money the same way.
Now you are down to 1-5 projects.

Choose your absolute favorite and examine their description more exactly.
They probably provided a few links etc.
You can then search the net targeted for those companies or individuals.
There are linkedIn, Facebook and other links on the project manage'rs profile.

In the case of an iPhone app you just have to go to the appstore and look for that company and you already have their track record.
You checked your favorite project within 10 minutes and if you are certain, you can make your contribution.

It is OK, if you don't want to contribute, I don't want to tell, that you HAVE TO contribute, but I think, looking for excuses why you don't contribute is a bit far fetched.

If there is a will, there is a way too.

Last edited by Therealtrebitsch; 09-10-2011 at 08:31 PM.
09-10-2011, 08:33 PM
#9
Joined: Mar 2010
Posts: 547
Quote:
Originally Posted by Stan View Post
These are the exact reasons why I'm against it as well.
Like he said, stick to Kickstarter, it seems like it has the biggest community available.
Kickstarter doesn't allow to post projects for international people.
It is only for US people, because they use Amazon and Amazon works only in the US.

We use IndieGoGo, which is almost as famous as Kickstarter.
09-10-2011, 10:28 PM
#10
Quote:
Originally Posted by Therealtrebitsch View Post
Thanks for reply.

You probably didn't read my post carefully.

There is a link in my signature where you can read about the project and what will happen with the money and what reward you can expect.

In this topic I want to get general information about your opinion about crowdfunding on Kickstarter or in our case on IndieGoGo (which is a similar site to Kickstarter, but for international users) not begging for money.

We are new to this and we can't talk to people on Kickstarter, so I want to hear the opinion of this community, because with this community I can talk and in my experience it is a helpful one
Yes I did read the post, you asked if forum members would donate to this, and if not why not, so I told you.

I see the rewards and all on your link, but still don't see what happens if it fails? What if you do not raise the money in the days allotted? Will the money get refunded? What are someone's benefits if you succeed? (other than a token acknowledgement in the game depending on the amount you give) Unless you get some grand benefactor that really needs a place to give away money, I don't see that anyone on the forum will be in a position to just pay to have their name in a game. But stranger things have happened. But in this economic climate how realistic is it to ask for hand outs? If people want to help in a business venture it would be more likely that they would invest - expecting a part of the profit. This sounds like a silent auction to me -- a day with Brad Pitt to the winner of this auction! You are either a business or you are a charity, you can't be both.

The Kickstarter projects that I have seen succeed are ones in which the fund money is really a pre-order. You will pre-pay for a product, you can even pay more and get a special edition product, but if the requisite amounts of pre-pays are not met by a certain date then your money is refunded as your product is not delivered. I know you can't do Kickstarter but it is important to have an exit strategy. People might be more willing to give money if it was a pre-pay for a product and know that if the money is not raised or the product is not released they are guaranteed a refund.

Also it is totally reasonable to expect not to be bombarded by funding / donation requests on a forum. In fact, since this is just a discussion, the thread is open, but self promotion is not allowed. You DID say you depend on this forum for your business in your original post. If you do something like Kickstarter or Gogo etc, I think it is wise to keep business and pleasure separate. Asking potential customers for seed money is just not in good taste in my opinion. Could get you in a lot of trouble and just tarnish your reputation before you start.

@Dazareth: I understand it is just a topic to discuss and not a request (sort of though - since the link IS in his sig and all) but the points I made I stand behind. How will OP feel if he fails and has taken forum members money - they will all know that they gave money to him and they have an easy way to contact him. Then again, he could high tail it from the forums and never look back.