Fig closing on Psychonauts 2 investments
Thanks to Fig's SEC qualification, backers will earn profits after investing in games at or above specific levels.
Following news that crowdfunding platform Fig received SEC qualification, Fig representatives announced that they will begin collecting investments from non-accredited investors for Game Shares of Psychonauts 2 starting today.
Psychonauts 2 raised more than $3.8 million from approximately 24,000 fans when its campaign launched on Fig in late 2015. According to a report published by Gamespot after the campaign ended, approximately $1.84 million of that funding came from investments as opposed to backers interested in traditional crowdfunding rewards like signed posters.
If you missed the chance to invest in Psychonauts 2 the first time around, you're in luck. Investors can join in at the Psychonauts 2 campaign page on Fig. Those who have already invested will receive an email from Fig with further instructions.
"The SEC qualification marks a turning point for the games industry and the future of crowdfunding," wrote a representative from Fig in an email sent to Shacknews. "Now all backers have the ability to invest in individual games on theFig crowdfunding platform and potentially earn a portion of future profits from the sales of a single game. This marks a new era of crowdfunding for entertainment projects, starting with videogames, and developers are starting to flock to the Fig platform."
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