Kickstarter Changes Terms of Service for Failed Projects
After some inexplicably failed and abandoned projects since the crowdfunding’s site’s launch, Kickstarter is changing its terms of service which won’t allow project creators to just take the money and run. Now Kickstarter won’t work as a pledge with no legal obligation to complete the project as promised but now will open up project creators to the possibility of legal action.
Riot Isn’t Interested in Crowdfunding eSports Prize Pools
Just because The International was able to add over $9 million to the prize pool thanks to crowdfunding via sales of the Compendium and ESL boosted their prize pool for ESL One: Frankfurt the same way doesn’t mean that crowdfunding prize pools is for everyone.
Riot Games’ head of European eSports, Jason Yeh, has come out as saying they’re not interested in getting fans to contribute to their World Championship pot with an anonymous employee being a lot more blunt with his opinion.
Square Enix Launches Collective Game Funding Platform
Back in October, Square Enix announced their new Collective program that was a combination of Steam Greenlight and crowdfunding into one platform. Proposed indie games are presented to users, they vote on which they’d like to see made (similar to Greenlight) and those selected by the community go to crowdfunding to get money to make it.
This week, Square Enix officially launched Collective and unveiled the first three games to be put the community for approval.
Reddit’s Dogecoin Subreddit Donates $30,000 to Jamaican Olympic Bobsled Team
While it’s being described as a sort of sequel to Cool Runnings, the Jamaican bobsled team is really going to Russia for the 2014 Winter Olympics in Sochi. However, they aren’t getting adequate funding to run the team and members have been relying on donations and their own money.
Leave it up to the folks of Reddit to step in for some people in need. The good folks of /r/dogecoin have raised $30,000 to help send the Jamaicans to Sochi.
Square Enix to Launch an Indie Game Funding & Publishing Platform
In case you thought that Steam Greenlight, The Humble Store, Desura, Kickstarter and IndieGoGo weren’t enough platforms for indie game developers to get their game to the masses, Square Enix is throwing their hat into the ring. The Japanese publisher has announced that they are launching their own platform to fund and distribute indie games called Square Enix Collective.