Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:
Chicago, IL 11/17

Regularly scheduled events

Paypal vs. Skullgirls

A recent Indiegogo campaign raised over $800K for DLC for Skullgirls, Lab Zero Games' fighting game that's out on consoles and coming to Windows this summer. One of the twists here was allowing contributors to vote for new characters to include in the DLC, which lead to a complication, as NeoGAF has word from Lab Zero's CEO that he could not make his payroll payments because PayPal was withholding funds. EventHubs (thanks GamesBeat) notes that this was due to fear that the voting part of this could backfire and those unhappy with the outcome would rescind their donations: "Basically, they are terrified of chargebacks. If we spend all the money and don't deliver and everyone chargebacks, Paypal is concerned they will be on the line for it. So they are effectively treating it as a loan. I mean, the guy flat-out said, 'Until the threat of chargebacks has passed, Paypal is effectively financing your development'." PayPal has since released most of the funds, but is hanging onto $35K in walking around money just in case they have to make good on some paybacks. Thanks Develop.

Email Digg Facebook Twitter   Share More    


 

   Current Headlines
New AMD Drivers
Anno 1800 Revealed
BIOMUTANT Announced
Immortal: Unchained Announced
Cities: Skylines - Green Cities Announced
Bus Simulator 18 Announced
The Crew 2 in March
Police Simulator 18 Delay; Trailer
TransRoad: USA Release Date and Trailer
Morning Previews
Morning Consolidation
Morning Mobilization
Morning Metaverse
Morning Tech Bits
Morning Safety Dance
Morning Legal Briefs
Game Reviews
Hardware Reviews
etc.
Out of the Blue
  

 




Blue's News is a participant in Amazon Associates programs
and earns advertising fees by linking to Amazon.



footer

Blue's News logo