Crowdfunding has been a major trend in video games over the past several years. It has yielded positive results, some less-than-stellar stories, and even some major industry-changers. But crowdfunding is not perfect, especially when it comes to video games. That's why some industry veterans are coming together to help make the crowdfunding space in video games a little better by launching a new platform called Fig.
Fig focuses solely on video games, offering new reward-based crowdfunding avenues. Funded by venture capital firm Spark Capital, Fig is seeking to create a more curated experience for both well-known indies and burgeoning indie development teams. In addition to helping fund projects, Fig will seek to help development teams over the entire life cycle of their game. In addition to that, accredited investors can also engage in investment crowdfunding, allowing them to see a potential return. Fig is hopeful to open similar investment opportunities to all users in the future.
The company will be run by CEO (as well as former Double Fine COO) Justin Bailey. The Fig advisory board will be comprised of Tim Schafer (Double Fine), Feargus Urquhart (Obsidian Entertainment), and Brian Fargo (inXile Entertainment).
Fig's first official project will be Outer Wilds, winner of the 2015 Independent Games Festival Grand Prize. The project will look to be fleshed out by Mobius Digital (Heroes star Masi Oka's development studio) and is seeking $125,000 in startup money. The original trailer from 2013 can be found below.
For more information, visit the official Fig website.
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