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74. Re: Star Citizen Hits $18M - $20M Goal is Planetary FPS Combat Sep 8, 2013, 18:55 Quboid
 
Tom wrote on Sep 8, 2013, 11:50:
You've completely missed the point of crowdfunding. You are part of a crowd that is funding the project. That's how your money is being used. You're not buying virtual spaceships, the game, or anything else. You're making an investment in their project. Like any investment, there is risk. By giving them money you accept that risk. If you don't do your due diligence, that's on you. You aren't entitled to anything should the developer go bust without releasing the game. It is not necessary for them to lawyer up. Those are the terms you agreed to by investing.

Now, if the whole thing turns out to be a sham, you might be successful in a lawsuit that accuses them of fraud. But if they make any kind of decent effort and it just doesn't pan out for whatever reasons, good luck with that.

Crowd-funding is not an investment. You're not buying a percentage of the company or a share of future profits - where's the return on the supposed investment? You are buying the game or a virtual spaceship. That's it. There's a hell of a lot of risk (the finished game being crap being the main one) but no reward beyond the virtual item you got. It's a pre-order.

The only investment you're making is an emotional investment and even if you are rolling in cash, a $5K purchase is a big emotional investment. One that will make you (the $5K buyer) upset and angry if it doesn't pan out. One that suggests you're not big on rational decisions either.

If the shit hits the fan with this, it will absolutely be necessary for them to lawyer up. It doesn't matter if they're right (and I'd give them a 99% chance that they are), if they get sued they still need lawyers to show the court this.
 
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- Quboid
 
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