STAR CITIZEN CROWDFUNDING ROCKETS PAST $51 MILLION

By Will Fulton

 

Star Citizen, which is Wing Commander creator Chris Roberts’ hugely ambitious return to gaming with his new studio Cloud Imperium Games, has, at time of this writing, surpassed $51 million in its record-setting crowdfunding campaign. The latest stretch goal unlocked at the $50 million mark is the inclusion of sophisticated alien languages developed by real linguists for the game’s three largest non-human races.

Star Citizen initially raised over $2 million on Kickstarter in 2012, but has subsequently managed to beat that 25 times over by accepting direct donations on the game’s own website. The game is a massively multiplayer, open world space sandbox that features first-person combat in personal spaceships and hangars, explorable planets, and an ever-growing list of other features that are added as the budget increases with no deadline in sight, feeding the endless hype cycle.

 

Star-Citizen

If and when the game is fully released, it will set an important precedent for the scale at which crowdfunding can operate. Roberts has decades of experience in the genre, and so he is perhaps better qualified to pull it off than most developers. But there are so many unknowns in creating a game with such unprecedented scale, modular design, and fan-driven development, that only time will tell if the whole thing comes together in a way that fans find satisfying. If it does succeed, the door will be wide open for other ambitious projects to seek funding outside of traditional publishers, accelerating the horizontal spread of game development. Failure will make fans much more hesitant to support other huge, open-ended projects.

Read more: http://www.digitaltrends.com/gaming/star-citizen-crowdfunding-rockets-past-51000000/#ixzz3Ap3Yj1jo
Follow us: @digitaltrends on Twitter | digitaltrendsftw on Facebook

Tags:

HEADLINE NEWS

FortuneCrowdfunding: Women Better at Raising Money Than Men Are ...FortuneA new study has found that women are generally better than men at crowdfunding.Women are better at crowdfunding than men, shows study | The ...The IndependentWhy women join the crowd: Gender gap in bank lending, [...]

Banking Limitations Restrict Bisx Model For CrowdfundingBahamas Tribune#Banking system limitations are restricting the Bahamas International Securities Exchange's (BISX) development of crowdfunding and small business listing platforms, its chief executive has revealed. #Keith Dav [...]

Grand Forks HeraldWomen's WCHA launches crowdfunding campaign to improve leagueGrand Forks HeraldThat mindset led the WCHA to announce a crowdfunding campaign Thursday, July 20, to help fund the league's expenses and lessen the financial burden of the seven remaining schools [...]

Enterprise InnovationWomen are better when it comes to crowdfunding | IT-OnlineIT-OnlineWhile men are more likely to use seed crowdfunding than women, women are more successful in reaching their finance goal. This holds true in all sectors and...Women outperform men in seed crowdfundi [...]

Gamasutra (blog)Gamasutra: Anti Danilevski's Blog - The problems of crowdfunding ...Gamasutra (blog)The Art & Business of Making Games. Video game industry news, developer blogs, and features delivered daily.and more » [...]

CNBCAfrica.comCrowdfunding changing people's livesCNBCAfrica.comCNBC Africa's Tshepho Modiba is joined by Mosa Nyamande, Head of Operations and Technology at Khonology for a look at Crowdfunding, a method used to collect many small financial contributions by tapping into the [...]

How Women Trounce Men When Raising Seed Crowdfunding CapitalForbesMale entrepreneurs may account for the majority of business owners raising finance on crowdfunding platforms in the UK, but their female counterparts are far more likely to get the support they seek, new research shows. [...]

YourStory.comA crowdfunding portal ensuring total authenticity of cases, MeHelp lets you donate confidentlyYourStory.comIn March this year, Samiya Hafeez, a 22-year-old woman from Hyderabad, was arrested for running a fake crowdfunding campaign through which she collected almost Rs 22 [...]

The ACNC Crowdfunding Guidance Misses The Biggest Opportunity in Crowdfunding: TrustPro Bono AustraliaAs adoption of crowdfunding by the charity sector has been booming, it's promising to see the ACNC taking steps to inform charities about the potential to access new donors, in a [...]

KHOUSpace Center Houston crowdfunding to restore NASA's mission ...KHOUSpace Center Houston is now crowdfunding to restore the historic control room from the Apollo era.and more » [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |