Crowfall crosses minimum goal for its equity crowdfunding effort

    
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Let the crows fall, let them tumble.

ArtCraft announced today day that it’s “officially crossed the minimum necessary threshold” for its latest crowdfunding effort for Crowfall. It’s now raised $152,084 with 47 days to go.

In November, the studio joined Indiegogo’s fledgling equity crowdfunding platform, which makes use of brand-new laws that allow non-accredited investors to invest in start-ups online. This is indeed investment, unlike the donation-based, Kickstarter-esque crowdfunding you’re probably used to as a gamer, though it’s worth pointing out that investors are purchasing preferred shares, which are relatively restricted in benefit and transfer power, and there’s no guarantee whatsoever investors will see a return.

We relayed interview queries over to the Crowfall devs about their financial situation following the announcement last month; we’ll post it if and when our questions are answered.

Source: Press release, Indiegogo
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