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[–] SkepticalMartian 0 points 7 points (+7|-0) ago  (edited ago)

only Accredited Investors with at least $1 million in net assets can join in, and they have to invest at least $1,000.

That pretty much kills it for most everyone here. This just turns in to crowd funding for the rich, and doesn't guarantee that real gamers will get the games they want to see. Involving real gamers is what makes crowd funding games special in the first place. All this will guarantee is that game direction is driven by the profit hungry which is often at odds with what real gamers want to see.

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[–] ChillyHellion [S] 0 points 2 points (+2|-0) ago 

It sounds like they're planning on lowering that restriction after a test run, but I agree with you that it doesn't look like a recipe for a good game.

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[–] bulksalty 0 points 3 points (+3|-0) ago 

That restriction is part of US law, to sell unregistered securities you can only sell to accredited investors. Registering their securities for an equity is the process of filing for an IPO, which would likely be required for each game funded via that method, and is expensive (both fees and lawyers time to ensure you didn't screw up or mislead investors).