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‘Gambitious’ To Launch In March: Equity-Based Crowdfunding For Indie Developers

A new portal has just been announced for indie developers to find funding for their projects – unlike others though, the investors actually take a share of the profits depending on how much money they put forward.Gambitious is a fusion of “games” and “ambitious”, although we immediately thought it was “gamble” and “ambitious”. The guys behind this new start-up, just announced today, were quick to correct us on that one.It seems to be of no coincidence Gambitious pops up out of the bedrock just a few days after Double Fine’s Adventure made over $1,000,000 in just 24 hours through a Kickstarter campaign. They certainly seem to have their finger on the pulse; announcing their project which will launch in March while everyone is still in debate over the potential of crowdfunding for game developers as an alternative to publisher support.Gambitious is something a little different to the likes of Kickstarter though – it presents crowdfunding in a manner very similar to the stockmarket, including the buying and selling of shares. This brings along the idea of risk as well as reward to the investor. Essentially, investors pay for a share in the game’s profits (a literal share) with the understanding that they could lose their money if the game is not successful.

Original Source: ‘Gambitious’ To Launch In March: Equity-Based Crowdfunding For Indie Developers

This Article was originally posted on our sister site, The Indie Game Magazine written by Chris Priestman.

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