Greed Monger delays refunds again because of crypto market dips

There’s been another update in the long-running saga that is Greed Monger.

Greed Monger is easily the most infamous MMORPG Kickstarter failure to date, having raised over $100,000 back in 2012 to build what the developers said would be a “crafting-focused sandbox MMORPG.” By 2015, the project imploded as devs abandoned it over a lack of funding, generating scam accusations from angry backers. Subsequent attempts to revive the game failed, but earlier this year, the original founder, Jason Appleton, resurfaced and vowed to reimburse Kickstarter backers with his newfound cryptocurrency fortune. (Appleton has his own account of the past few years of Greed Monger drama, primarily blaming incompetent lead developers, trolls, and the press for the failure of the game.)

The problem was many Kickstarter backers claimed and claim they still haven’t received those refunds, and in May, Appleton railed at angry backers on Kickstarter, saying that he’d closed down application for refunds, that he’d run into technical hurdles trying to reimburse people, and that he was under no obligation to give these refunds. A few weeks later, he blamed refund delays on both PayPal’s byzantine processes and on the backers who hadn’t come up with a mass-reimbursement system or otherwise helped him.

This week’s update offers an excuse for another delay. “The crypto market is a red sea and my profits are down so I may have to wait until next month and hope things have come back and maybe I can double down,” Appleton writes. “In any case, yes, I’m committed to getting all of the submitted refunds complete this year. Every time I send out more refunds it just makes me feel good. I’ve been very blessed this year and I’m working 12-16 hours some days, but [it’s] worth it.” He finishes up with a summary of his life story and then blasts and offers life advice to the “trolls” who continue to hound him (for their money back).

Source: Kickstarter. With thanks to Jules and Xanward.
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Troy

I got my 100.00 back on the last round of refunds. While I’ll be the first to say I didn’t expect it, it did happen. So some people are getting refunded, which no matter what anyone thinks about the guy, he really doesn’t have to do these refunds.

Ernost
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Ernost

Why did he even offer the refunds in the first place? I doubt any of those people were expecting to get any money back after the game folded.

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Bruno Brito

Well, this doesn’t sound dodgy at all.

with his newfound cryptocurrency fortune.

There’s a saying in Brazil: “Dinheiro na mão é vendaval”. It would be something in the lines of: “Money in hand is as good as money in the air”, meaning that it never lasts.

“A fool and his money are easily parted” also comes to mind. But since i don’t like blaming the victims that fell for this scheme, backing this, i’ll just say maybe his fortune will be as steady as criptocurrencies are. That is to say, there are earthquakes less shaky than those.

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Schlag Sweetleaf

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Tee Parsley

The guy’s a colossal narcissistic egomaniac and self-aggrandizer. Believe nothing he says, because despite his conviction that it’s true, it probably bears no relationship to reality.

His early writing on his supposed MMO plans are pretty humorous depictions of self-delusion.

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Nathan Aldana

I mean, thats basically a good description of anyone who is hardcore into bitcoin too so its not surprising

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Nathan Aldana

The moral of the story, is the only people heavy into crytocurrency, are as dodgy as the currencies itself

Pingly
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Pingly

I Kickstarted that one back in the days before my Kickstarter intervention.

I have no desire to get my money back and feel bad that this guys project failed.

But his updates are filled with such bitterness they are unbearable.

I wish him the best in being able to finish all of this up and move on.

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Schlag Sweetleaf

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cmdr_cotic
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cmdr_cotic

I saw a warning story on reddit the other day and it could have been the GreedMonger refund issue all over again, it made me wonder if there was more than one game under this person’s name in a similar situation.

Still, atleast he is trying (however badly) to issue refunds, unlike that $200 million game that won’t even discuss the matter with people asking for refunds.

Godnaz
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Godnaz

Because active development continues. Think before you type.

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Armsbend

What a piece of work this life-loser is.

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Alex Willis

I have had nightmares that were more pleasant and made more sense than this cybercrime clusterfuck.