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05-01-2013, 12:33 PM
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#176
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Moderator
Programming
Join Date: Sep 2005
Posts: 8,155
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Quote:
Originally Posted by pm
Kickstarter isn't some sort of investment, if it was, you'd get money out of it - which is exactly what you are saying. But my view of this which is that we are essentially promoting art - we, as a group, are patrons of the arts. Now one can argue whether or not an MMO is "art" but is certainly seems arguable that it's a type of art, and it's certainly "art" that we people who are interested want to see created.
We aren't paying money to save money - or to make money - we are paying money to ensure that some "work of art" that we want to see is created.
It's like the Statue of Liberty. France gave it to the US and it sat in a warehouse, and then there was a nationwide drive to get a location for it and a pedestal for it and people all over the country paid money to see this happen. They didn't get a discount to take a tour, or a percentage of the tour profits... they paid money just to see that it was created.
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That's a very optimistic view of it, which you're entitled to. Personally, I see it as a way for an established businessman like Jacobs to get seed money without any of the usual controls and costs associated with angel investment. It's a complete win from his perspective, because otherwise he would either have to kick in all of the startup funds himself, or give up a significant chunk of the equity to get capital. That's the way it typically works.
I hope he makes the game. It is a niche, but it's a niche product that I would pay for access to. But at the same time I will continue to feel like crowdfunding should be used for projects that have no other way to get funded.
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05-01-2013, 03:08 PM
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#177
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Lifer
Join Date: Apr 2002
Location: Earth
Posts: 33,100
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And it gets funded. Here is to hoping this turns out to be a great game!
__________________
"Communism can be defined as the longest route from capitalism to capitalism."
"Capitalism is the unequal distribution of wealth. Socialism is the equal distribution of poverty"
"The Democrats seems to be the kind of people who switch to Geico and lose money." -Jon Stewert
Failure of Public Education
Global Warming causes this
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05-01-2013, 03:25 PM
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#178
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Lifer
Join Date: Jan 2001
Location: ↑ ↑ ↓ ↓ ← → ← → B A Start
Posts: 28,352
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And now begins the 3 year wait.
__________________
This sig left blank intentionally.
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05-01-2013, 04:21 PM
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#179
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Lifer
Join Date: Jun 2001
Posts: 24,692
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Quote:
Originally Posted by SunnyD
And now begins the 3 year wait.
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I hope to the Gods that they don't send three email updates a day for the next three years.
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05-01-2013, 04:54 PM
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#180
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Junior Member
Join Date: Dec 2006
Posts: 4
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Goooooooooooooooooaaaaaaaaaallll!!!!!!!!!!!!!!!!
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05-01-2013, 10:57 PM
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#181
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Senior Member
Join Date: Mar 2011
Location: Augusta, GA
Posts: 914
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Yay! Here's to one game I'll wait with anticipation and be proud I helped fund into existence. 
Quote:
Originally Posted by SunnyD
Nothing gets "processed" until the kickstarter officially closes.
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It is really quite clear that you don't understand how kickstarter works, man, lol.
How do you think they get a total on the project? Amazon processes the payment and holds it until the project is funded or denies it if it isn't.
__________________
Custom Cost effectiveness spreadsheet.
Power usage detail thread found here.
We are but shadows of our achievements and dust of the stars; empowering the universe to have conciousness.
"Fighting ignorance is bliss." - Me
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05-02-2013, 11:58 AM
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#182
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Lifer
Join Date: Apr 2002
Location: Earth
Posts: 33,100
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Quote:
Originally Posted by Ashenor
They will be posting stretch goals today or tomorrow, i am predicting it finishes around 2.2m.
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You win this thread.
Final tally
2.23 million.
__________________
"Communism can be defined as the longest route from capitalism to capitalism."
"Capitalism is the unequal distribution of wealth. Socialism is the equal distribution of poverty"
"The Democrats seems to be the kind of people who switch to Geico and lose money." -Jon Stewert
Failure of Public Education
Global Warming causes this
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05-02-2013, 01:35 PM
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#183
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Lifer
Join Date: Jan 2001
Location: ↑ ↑ ↓ ↓ ← → ← → B A Start
Posts: 28,352
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Quote:
Originally Posted by pandemonium
It is really quite clear that you don't understand how kickstarter works, man, lol.
How do you think they get a total on the project? Amazon processes the payment and holds it until the project is funded or denies it if it isn't.
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In the kickstarters I've been a part of, Amazon never "held, processed or charged" anything to my account until the kickstarter ended.
They get a total on the project because you pledge that amount, and kickstarter keeps your pledge amount on record for them to charge when the kickstarter closes.
Please don't try to tell me I don't know what I'm talking about when it's something I personally have experience with.
__________________
This sig left blank intentionally.
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05-02-2013, 01:39 PM
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#184
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Platinum Member
Join Date: Apr 2002
Location: Boston, Ma
Posts: 2,705
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What sunnyD sez; you authorize the charge; but the charge is not actually made till kickstart completes. You can cancel anytime before then; and if you are a real arse - you can cancel the authorization without cancelling the pledge; then when the kickstart ends the charge will fail; that's why developers wait until they receive the payments before doing anything and why they expect a certain amount to not be paid (ala torment's comment a few days ago in that area).
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05-02-2013, 10:19 PM
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#185
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Senior Member
Join Date: Mar 2011
Location: Augusta, GA
Posts: 914
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Dudes...all I was saying was that the payments were processed through Amazon. When I pledged, I had to login to Amazon. And that is what I said was down earlier.
The payment is being held in their system, not your bank or card account...
__________________
Custom Cost effectiveness spreadsheet.
Power usage detail thread found here.
We are but shadows of our achievements and dust of the stars; empowering the universe to have conciousness.
"Fighting ignorance is bliss." - Me
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05-03-2013, 10:44 AM
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#186
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Platinum Member
Join Date: May 2005
Posts: 2,465
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They process if fast to, i guess so people can't just back out after pledge ends. I got email from amazon for the $250 i pledged like 2mins after it ended. lol
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