Funding and Future Plans
After raising approximately $37.3 million in initial funding for Stormgate through Kickstarter, Frost Giant Studio plans to launch a Crowd Equity campaign to attract further investments. This move will allow supporters to purchase equity and become part of the company’s financial growth, in contrast to the reward-based “Kickstarter model.”
“Test the Waters” Initiative
Ahead of the full-scale investment campaign launch in March, Frost Giant has opened a “Test the Waters” page for potential investors, offering a 5% share bonus to early registrants. This strategy helps gauge investor interest and commitment.
Investment Risks and Reasons
Despite having significant initial funding, the decision to seek additional capital was made due to the high costs associated with developing and marketing modern AAA games. Frost Giant acknowledges the inherent risks of equity investment but aims to allocate the new funds towards strengthening strategic marketing and preparing for the game’s release.
Industry Situation and Game Preview
Amidst industry turmoil and publisher layoffs, Frost Giant aims for self-publishing of Stormgate, with direct support from its player community. Stormgate has been described as incorporating new elements from StarCraft 2 and Warcraft 3, eagerly anticipated by RTS fans, with early access set to launch in Q3 of 2024.
What is Kickstarter?
Kickstarter is a crowdfunding platform that allows creators to raise funds for their projects through community support. It is widely used for a variety of projects, including technological innovations, films, and video games. Supporters can fund projects in exchange for rewards or the final product itself, making it a popular choice for independent creators to bring their ideas to life.
https://www.kickstarter.com/
What is Frost Giant Studio?
Frost Giant Studio is a video game development company founded by veteran engineers from Blizzard Entertainment, known for their extensive experience in real-time strategy (RTS) games. The studio focuses on creating high-quality and engaging RTS games, leveraging the team’s industry expertise and passion for the genre to develop new, innovative gaming experiences.
https://frostgiant.com/
What is Stormgate?
Stormgate is an RTS game being developed by Frost Giant Studio, blending elements from iconic games like “StarCraft 2” and “Warcraft 3” with innovative new features. Set in a unique world, it promises a rich storyline and multiplayer experience. The game has garnered significant attention within the gaming community, particularly among RTS fans, and is scheduled for early access release in 2024.
