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Darkfall: Unholy Wars

Darkfall: Unholy Wars 

General Discussion  » Darkfall not Aventurines main project

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54 posts found
  miasmafx

Novice Member

Joined: 9/22/12
Posts: 12

 
OP  2/15/13 2:28:45 PM#1

 

Source: http://www.internetq.com/company-news/investment-aventurine

 

2 Feb 12

 

 

 

 

InternetQ is pleased to announce its investment in Aventurine, an award-winning independent digital game development company

 

Aventurine is active in the highly profitable online games business for eight years now and has been focusing on the online massive multiplayer niche, among the most challenging segments of the gaming market. Most importantly, the Company has developed a technologically innovative, reusable software platform, with asynchronous and real-time distribution capabilities and the capacity to interconnect millions of users in highly engaging interactive environments. Its proof of concept product, called Darkfall Online, is an award-winning online massive multiplayer game of fantasy, where thousands of players from around the globe can interact, cooperate or compete with each other. With the Darkfall's sequel launch later this year, Aventurine will have the opportunity to become a successful franchise.

 

The Company also develops casual games for online and mobile use and is in the process of designing a cross-platform (online, console, mobile) social game code-named AV-1.0. Furthermore, Aventurine is poised to break into Asia through a co-development agreement with one of Korea's major publishing companies, ensuring that the Company's products have a steady foothold in the rapidly growing Asian markets.

 

Aventurine's strategy is to develop large communities of players that share common characteristics and interests and spend significant time engaging in gaming activities. Through its extended network of billing gateways with mobile network operators, InternetQ can deliver these games to millions of mobile subscribers around the world; thus benefit from the significant m-commerce opportunities as well as the steady subscription revenue generated by this activity.

 

The Directors consider this investment to be in line with InternetQ's strategy, as also stated in the most recent annual report and in which the company signalled its intention to invest in developing both content and development capabilities. Furthermore, the Directors believe that the particular investment has both compelling business and financial rationale as Aventurine's engaging technology will also extend the value of InternetQ's existing core products, by providing the Group with an attractive opportunity to enhance the AKAZOO mobile platform, accelerate subscription revenue growth, as well as further expand the interactive software development capabilities for mobile marketing.

 

More specifically, the investment in Aventurine will:

Broaden InternetQ's capabilities to offer its AKAZOO subscribers more complete entertainment services and therefore improve engagement, further accelerating revenue growth;

Dramatically improve InternetQ's software development capabilities, a key function for the continuous development of the Group's mobile engagement platforms;

Allow for the immediate distribution of games (mostly casual) to mobile subscribers, the demand of which is increasing rapidly around the world;

Allow for significant cross-sell opportunities and delivery of mobile marketing campaigns to the gaming community; and

Exploit the significant m-commerce potential of games that are increasingly being delivered on mobile devices.

 

The investment in Aventurine amounts to € 2.6 million and will be effected by subscription to a convertible bond issue (the "Issue"). The Issue is linked to Aventurine's performance and will mature in March of 2015, while InternetQ will have the option to convert the bonds into equity at any time. Assuming the conversion takes place within seven months from the launch of Darkfall's sequel (code-named Darkfall 2.0), InternetQ will own c.40% of the Company's share capital. Following such conversion, InternetQ will also have the option to buy additional Company shares in order to control the majority of its share capital.

 

The investment will be funded by InternetQ's cash reserves, in line with management's commitment to invest the proceeds from the most recent secondary offering to expand the business in what the Directors believe it will be an accretive fashion. More specifically, the investment is expected to be earnings enhancing for 2012 through the receipt of a 6% bond coupon and has the potential to be earnings accretive in the years to follow assuming the successful launch of Darkfall 2.0.

 

The Issue proceeds will be used for:

The launch of Darkfall 2.0 in the US and Europe;

The co-development of the Asian Darkfall 2.0, which is to be a free-to-play version of the original game;

The development of premium gaming entertainment content for InternetQ's AKAZOO platform.

 

Konstantinos Korletis, Chief Executive of InternetQ plc, commented:

 

 

"This investment is at the heart of our previously announced plans to develop leading edge content for the converging space of mobile marketing with social media and entertainment services, which are all directed to enhance subscription loyalty. Expanding our product portfolio and being able to both cross and up-sell services to our subscribers will be critical for our future success. Moreover, with the successful launch of Darkfall 2.0 and the development of Aventurine's other titles, we will be able to drive more focused mobile marketing campaigns to an even more affluent pool of subscribers."

 

Panagiotis Dimitropoulos, Founder & President of InternetQ plc also commented:

 

 

"The investment in Aventurine is a very exciting moment for us. Combining InternetQ's leading role in mobile value added services with the innovating social entertainment experience of Aventurine, will enable us to enrich the experiences of our loyal subscriber base, further strengthen our well-established R&D capabilities, and give us a strong platform for continued expansion in the global marketplace. "

 

For further details

 

InternetQ

Konstantinos Korletis, Chief Executive Officer

Veronica Nocetti, CFO

 

Tel: +30 (211) 101 1101

Tel: +30 (693) 260 0128

Tel: +30 (694) 420 5275

 

Buchanan

Jeremy Garcia / Gabriella Clinkard

Tel: +44 (0)20 7466 5000

 

Grant Thornton Corporate Finance

Philip Secrett / David Hignell

Tel: +44 (0)20 7383 5100

 

RBC Capital Markets

Stephen Foss / Pierre Schreuder / Daniel Conti

Tel: +44 (0)20 7653 4000

 

About InternetQ plc:

 

InternetQ is a trusted global leader in mobile marketing and digital entertainment solutions. Through its proprietary technology platforms, InternetQ enables mobile network operators, brands, and media companies to conduct targeted, interactive and measurable mobile communications and pushes the frontiers in digital mobile entertainment.

 

InternetQ is a publicly traded company listed on the London Stock Exchange's AIM, under the symbol INTQ.

 

For more information, please visit http://www.internetq.com

 

 

 

 

 

In conclusion, Aventurine's team of 60 programmers are not focused merely on Darkfall Unholy Wars, they are spread thin and work gets done at a snails pace.

  muffins89

Hard Core Member

Joined: 10/15/12
Posts: 1247

2/15/13 2:42:18 PM#2
this is old news.  from feb 2012.

I think the prostitute mod corrupted your game files man. -elhefen

  miasmafx

Novice Member

Joined: 9/22/12
Posts: 12

 
OP  2/15/13 2:45:48 PM#3
Sure, more people will see it though.
  RefMinor

Novice Member

Joined: 7/16/11
Posts: 3539

Hipster

2/15/13 2:47:46 PM#4
That's good of you, to advertise that people with serious amounts of money think Adventurine is a good business investment. They will be glad of your efforts.
  miasmafx

Novice Member

Joined: 9/22/12
Posts: 12

 
OP  2/15/13 3:01:32 PM#5
Originally posted by RefMinor
That's good of you, to advertise that people with serious amounts of money think Adventurine is a good business investment. They will be glad of your efforts.

I'm not going to break NDA, so I will let you think that.

  RefMinor

Novice Member

Joined: 7/16/11
Posts: 3539

Hipster

2/15/13 3:05:50 PM#6
Originally posted by miasmafx
Originally posted by RefMinor
That's good of you, to advertise that people with serious amounts of money think Adventurine is a good business investment. They will be glad of your efforts.

I'm not going to break NDA, so I will let you think that.

I was just going from what you posted.

  miasmafx

Novice Member

Joined: 9/22/12
Posts: 12

 
OP  2/15/13 3:08:55 PM#7
In conclusion, Aventurine's team of 60 programmers are not focused merely on Darkfall Unholy Wars, they are spread thin and work gets done at a snails pace.

Did you see this?

  RefMinor

Novice Member

Joined: 7/16/11
Posts: 3539

Hipster

2/15/13 3:23:08 PM#8
Originally posted by miasmafx
In conclusion, Aventurine's team of 60 programmers are not focused merely on Darkfall Unholy Wars, they are spread thin and work gets done at a snails pace.

Did you see this?

That was your random forum user bit, I paid more attention to the business press release bit.

  gchris7

Novice Member

Joined: 1/22/09
Posts: 78

2/16/13 8:28:03 AM#9


Originally posted by miasmafx Sure, more people will see it though.

See what exactly?
How does this article indicate that Darkfall is not Aventurine's main project? 

What are you even talking about?

  Slampig

Hard Core Member

Joined: 12/29/03
Posts: 2372

Whatever you do, do NOT speak ill of Asheron's Call 2...

2/16/13 8:31:13 AM#10
I remember when people read the instruction manual for a game, but now it is crap like this...*sigh*...

That Guild Wars 2 login screen knocked up my wife. Must be the second coming!

  snapfusion

Apprentice Member

Joined: 7/17/11
Posts: 976

2/16/13 8:56:23 AM#11
Originally posted by gchris7

 


Originally posted by miasmafx Sure, more people will see it though.

 

See what exactly?
How does this article indicate that Darkfall is not Aventurine's main project? 

What are you even talking about?

Because you dont buy 40% of a company with the option to take over the majority share, then let them do whatever they want.  Anyone that has played the beta of UW knows theres not 60 programmers worith of work there on top of what they started with.

 

edit:  And there's not 60 programmers worith of patching going on, not even close.

  Boldyn

Apprentice Member

Joined: 12/29/04
Posts: 245

2/16/13 8:59:17 AM#12
Originally posted by Slampig
I remember when people read the instruction manual for a game, but now it is crap like this...*sigh*...

^ This!

Post of the week for me, not being sarcastic either!

  miasmafx

Novice Member

Joined: 9/22/12
Posts: 12

 
OP  2/16/13 10:10:07 AM#13
Simply put, they don't run their game like an MMO. They are more focused on fixing the engine they created to sell than fixing the game itself.
  Pale_Fire

Advanced Member

Joined: 4/04/04
Posts: 359

2/16/13 10:19:43 AM#14

It has always struck me as funny that AV seems to treat DF as a hobby, rather than a primary revenue generating project.  My understanding is that AV has their hands in quite a few other projects, including stuff related to Greece's DOD.  If that's the case, it doesn't surprise me that their approach with DF seems less focused.

I liked DF okay and I'm not sure if I'll play UW as I haven't followed it much. 

  Blindchance

Novice Member

Joined: 2/21/09
Posts: 1078

2/16/13 1:04:51 PM#15

If this is supposed to be an excuse for the poor quality Darkfall games, then it's a bad one. I'm afraid AV has big ambitions, but no skill set, resources neither work culture to pull it off. Even if DF:UW would be the only project they worked on.

 

PS. That paper is mostly marketing bable, nothing new there. Addionally the amount of investment in AV is laugable even if compared to the size of the investment AV started with few years ago.

  miasmafx

Novice Member

Joined: 9/22/12
Posts: 12

 
OP  2/16/13 2:51:40 PM#16
Originally posted by Blindchance

If this is supposed to be an excuse for the poor quality Darkfall games, then it's a bad one. I'm afraid AV has big ambitions, but no skill set, resources neither work culture to pull it off. Even if DF:UW would be the only project they worked on.

 

PS. That paper is mostly marketing bable, nothing new there. Addionally the amount of investment in AV is laugable even if compared to the size of the investment AV started with few years ago.

 

The original Darkfall was the best PvP game on the market HANDS DOWN. They got super lucky and the shit worked and it worked beautifully. Granted there were MANY problems wrong with the game, the grind, UI not friendly, use of AHK for scripts to be competitive for most but not all, the list goes on and the fact the Devs claim they couldn't change their coding to fix stuff easily which is why they ended up making DFUW.

I am making no excuses, simply telling others if you buy into this game be cautious as you might say "Oh it's in Closed Beta, by release it'll be super fun!" but in reality they've missed two release dates and Darkfall is known as Vaporware because of how slow stuff gets done and how little is told to the public.

The quote of InternetQ was posted to show what Aventurine as a small indie company has their hands in WITH Darkfall Unholy Wars in production and already missing two launch dates. Working with the asians to make a F2P Model which is pretty much remaking the WHOLE game, making mobile games, fixing the engine to sell to other companys, racing, military contract etc. etc. etc.

  Swiftrevoir

Apprentice Member

Joined: 8/13/05
Posts: 162

2/16/13 5:34:19 PM#17
So we'll never get to see DF:UW until after a more promising MMO comes out because they're too busy working on an online music service that no one will use?  AKAZOO!.... gesundheit.
  Swiftrevoir

Apprentice Member

Joined: 8/13/05
Posts: 162

2/16/13 5:37:06 PM#18
You know I may have stretched "more promising"  but its competition will be in the major league schoolyard.  I would imagine they'd want to establish a playerbase and some grounding before the flood gates are opened later this year. 
  Realbigdeal

Advanced Member

Joined: 9/28/08
Posts: 1636

2/17/13 2:54:11 AM#19

I want to believe it, but i don't. They use so many excuses and this one seem to work the most.

The most famous excuse they used is when they said that their members had the Swine Flu or some shit like that.

AV members, always on vacation and eating pizza during work.

C:\Users\FF\Desktop\spin move.gif

  Crunchy222

Apprentice Member

Joined: 10/09/12
Posts: 390

2/17/13 1:16:57 PM#20
Originally posted by miasmafx
Originally posted by Blindchance

If this is supposed to be an excuse for the poor quality Darkfall games, then it's a bad one. I'm afraid AV has big ambitions, but no skill set, resources neither work culture to pull it off. Even if DF:UW would be the only project they worked on.

 

PS. That paper is mostly marketing bable, nothing new there. Addionally the amount of investment in AV is laugable even if compared to the size of the investment AV started with few years ago.

 

The original Darkfall was the best PvP game on the market HANDS DOWN. They got super lucky and the shit worked and it worked beautifully. Granted there were MANY problems wrong with the game, the grind, UI not friendly, use of AHK for scripts to be competitive for most but not all, the list goes on and the fact the Devs claim they couldn't change their coding to fix stuff easily which is why they ended up making DFUW.

I am making no excuses, simply telling others if you buy into this game be cautious as you might say "Oh it's in Closed Beta, by release it'll be super fun!" but in reality they've missed two release dates and Darkfall is known as Vaporware because of how slow stuff gets done and how little is told to the public.

The quote of InternetQ was posted to show what Aventurine as a small indie company has their hands in WITH Darkfall Unholy Wars in production and already missing two launch dates. Working with the asians to make a F2P Model which is pretty much remaking the WHOLE game, making mobile games, fixing the engine to sell to other companys, racing, military contract etc. etc. etc.

No 1.0 wasnt the best pvp game on the market.  It was the only full loot ffa pvp focused sandbox that wasnt 100% broken however.

 

I know theres now some fantasy dream about what 1.0 was...becasue 2.0 fixed a LOT of issues with 1.0 and that caused some vets to lose an edge...hence a lot of the hate.

 

If 1.0 was so awesome, then, 90% of the vet community wouldnt have complained how terrible it was and how empty it was...with that said now 100% of the vet community complains about 2.0...mostly because they see their edge being lost potentially...

 

2.0 seems to be ages away for me however, given what ive seen.  Theres a lot that needs to be done...and they still ignored the overall problem with 1.0, that being the games entire focus is just pvp.  Theres a total lack of sub systems and meta gameing other than clan warfare...which ironically they reduced from 1.0 given the old vet community complaints about pvp being hard to find...which wouldnt have been an issue if the game was the best pvp game on the market hands down.

 

Anyway...whatever they did it was going to upset the vet communtiy...i just really hope once the game gets launch ready....that it attracts a more level headed community...my hope is that this vet community doesnt drive away new players as it did in 1.0 .

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