Studio Camelia shuts down a year after raising €300,000 on Kickstarter to fund JRPG (Alzara Radiant Echoes)
Studio Camelia shuts down a year after raising €300,000 on Kickstarter to fund JRPG (Alzara Radiant Echoes)

Studio Camelia shuts down a year after raising €300,000 on Kickstarter to fund JRPG

This is fraud, right?
"Development is under control, we just need €100,000."
After collecting €300,000: Whoopsies! No refunds.
Kickstarter is not a preorder site. The risk of Kickstarter is the same as investing in anything else, that whatever you're funding goes belly-up and you lose what you invested
The point of that is to allow risky projects the opportunity to succeed in comfortable financial circumstances.
Cases like this abuse the system to scam people while using the ToS to skirt legal implications. So it is fraud, just dressed up as a gambling.
That said, the outcome is the same: don't waste your money on Kickstarter unless you'd be willing to use the same money at a blackjack table
They'll release the sources now right? Right?
While it is fraud, it’s murky waters when you realize this is what every Kickstarter does. Gamers don’t easily fathom the full sum of what it costs to pay qualified artists for a full development cycle. Kickstarters have only existed to prove to investors that there’s monetary interest in a concept.
I mean when a small team with no budget can make a good demo that sells the idea but then can't complete the project with years and houdreds of thousands what is going on? I backed like 8 kickstarters and only 3 made it out and 1 is saying they are about to be done after 7 years. Also one of the successful one's shut down because of not enough post launch monetization. I'm still going to help with stuff i believe in after many failures but just not as enthusiastically.