"For indie developers Gambitious really is an exciting new way to obtain funds, and still uphold creative control over their IP.”
Utrecht, The Netherlands (PRWEB UK) 14 February 2012
Gambitious has announced that their equity-based crowdfunding platform will be launching worldwide in March.
Gambitious’ equity-based model is the first of its kind, providing a new way for both small and large investors to directly invest in a wide selection of promising game projects. Gambitious enables the crowd to invest in game projects in exchange for an equity stake in the project, thus taking home a share in any eventual profits from the venture, as opposed to merely acting as a donator. Anyone can invest; from as little as € 20 for each investment unit, to as much as € 2,500,000. Gambitious uses the proven equity based crowdfunding model developed by Symbid. Symbid recently won the Shell LiveWIRE Public Award for being among the most innovative companies in the Netherlands.
Game studio Double Fine's recent successful crowdfunding campaign ($1.236.183 raised in one day) has proven that the crowdfunding model works. But unfortunately not every studio can rely on its big name and swarm of fan followers to realize such achievements. In fact, numerous games related crowdfunding efforts fail to hit their targets by significant margins, and as a result, the smaller studios must go to greater lengths to convince new donators. However, without a substantial fan base, efforts to compensate in this model seem futile. That’s where the Gambitious model provides a breakthrough.
Gambitious offers Indie developers a platform where they are able to secure funds that are necessary to realize their ideas. The developers are given the opportunity to pitch their ideas to a large group of game-savvy investors. “When developers register their project at GAMBITIOUS, they are in full control,” says MD Paul Hanraets. “They indicate how much capital is required to fund their project and determine how much equity they offer in return. Then it’s up to them to market their title and convince the investors who visit the platform. Again, anyone can invest; from as little as € 20 for each investment unit, to as much as € 2,500,000”.
“For indie developers it was deemed almost impossible to raise capital for new or existing game projects,” explains Paul Hanraets. “The traditional publishers have seen their role dramatically change, and have grown hesitant if not reluctant in investing in new game franchises. Unfortunately there are few alternatives to this traditional funding model. There is a strong need for new and innovative structures to back indie game projects financially; now more than ever. And we believe GAMBITIOUS provides that structure”. We have already signed with a strong whitelabel partner for our platform, and have received exciting projects from various developers. The developers have embraced our plans from the start, and according to them, Gambitious really is an exciting new way to obtain funds, and still uphold creative control over their IP.”