Several well-known names in the gaming industry have banded together to bring forth Fig, a video game only funding platform. former Double Fine COO Justin Bailey, with broad members Brian Fargo (CEO inXile), Feargus Urquhart (CEO Obsidian) and Tim Schafer (CEO Double Fine) gives backers and those seeking funding traditional opportunities (rewards etc.) like KickStarter, but also the chance for investment.
Fig will focus on two specific funding candidates, well-known independent companies and other lesser-known, or new, companies and will bring forth a single title at a time. Fig’s first title will be the award-winning Outer Wilds, from the star of TV’s Heroes Masi Oka and Mobius Digital that seeks $125,000 to complete the game.
Today Fig announces the launch of its funding platform, which provides developers a new way for their games to be financed and produced. Fig is the first platform targeted solely at video games that offers reward-based crowdfunding as well as access to investment crowdfunding. Fig’s aim is to provide a curated experience that strikes a balance between titles from well-known independent studios and ones from up-and-coming indie teams. Investment crowdfunding is currently limited to accredited investors only, but pursuant to a recent regulatory development, Fig plans to open up investment opportunities to everyone in the near future.
Check out the Fig site and its first crowd funding title, Outer Wilds.
