Move over, Kickstarter! There’s a new kid on the block.
Tags: Cryptocurrency, Indie Game, Cryptogames, Crowdfunding, Kickstarter

For long, Kickstarter has been the darling of the crowdfunding community, bursting onto the scene with its innovative fundraising models and offering developers and entrepreneurs around the world an avenue to bring their ideas to life. One of the biggest beneficiaries of this model had been the gaming industry.

The gaming industry has grown manifold over the last decade, and the 2020 pandemic has only made it an integral part of our daily lives. Indeed, nearly one in three people on earth are now playing video games. That’s 2.1 billion individuals playing at least once a month!

The average profile of a PC gamer is a 35-year-old who has been playing for 13 years and has strong purchasing power. The global gaming market was valued at USD 162.32 billion in 2020 and is expected to reach a value of USD 295.63 billion by 2026, registering a CAGR of 10.5% over the forecast period (2021–2026).

So what we have here is an intersection of two different but connected industries: Fundraising and Gaming. However, each of them faces its own set of problems and struggles.

The Fundraising Conundrum

Kickstarter for long has been one of the foremost crowdfunding platforms for indie game developers to raise funds and develop their games without sacrificing their vision or integrity.

And while Kickstarter is a giant in the market, and there are loads of competitors who try to address the gaps left by it, neither have access to the $2 trillion Crypto market. They only focus on the mass retail gamers, and their funding medium is only through product pre-sells, which is further hindered by geographic restrictions.

Developers and Their Game Development Conundrum

Most of the money made from game sales goes to publishers, digital distribution platforms, and marketing. And, in case the game developers are in need of funding for their next project, they will be obliged to give away their equity, commit to a single publishing platform, or in some cases even sign off their intellectual property, diminishing their earning potential.

So we’re left with an addressable problem wherein game developers need new ways to bring their products to users. Likewise, gamers are also seeking new channels to access high-quality games.

Crowdfunding for creative projects is not new, and Kickstarter is only one of many platforms that help finance new startups. However, Gamestarter is here to bring indie game funding to a whole new level.

A New Standard for Indie Game Funding

Gamestarter’s mission is to provide indie game developers with a new option to fund their ideas — by pre-selling their in-game assets in the form of NFTs. Similar to Kickstarter’s proven business model, funding on Gamestarter is all-or-nothing. No one will be charged for a pledge towards a project unless it reaches its funding goal.

Furthermore, Gamestarter provides a marketplace to trade digital assets from successfully launched games. Giving the NFTs owners as much agency as possible and the ability to sell and realize real-world value from their holdings is essential for the NFT ecosystem to thrive.

So what makes Gamestarter a better crowdfunding platform than Kickstarter?

For Investors and Backers

First, when backing games on Kickstarter, backers only get a digital copy of the game, a thank-you letter, sometimes the game’s soundtrack, beta access, or a badge in Discord in return for their funds.

On Gamestarter, backers will get all the above-mentioned benefits, plus a one-of-kind playable NFT which can be re-sold anytime. This minimizes the investment risk and makes it a liquid investment. There’s no vesting on your asset either.

NFTs in video games are FINITE, which means they are different from all other NFT types, which can be minted indefinitely. This feature makes your in-game NFTs much more valuable and promises much higher profit when you want to sell them.

Second, gamers and NFT collectors have a chance to discover the hottest games before anyone else, and the finder’s reward can be dramatic!

And last, Gamestarter features a lot of community incentive options, such as the ability to earn $GAME tokens via completing specific tasks or access the most in-demand NFTs. $GAME staking options are coming up soon too.

To sum it up, Gamestarter is growing the participation of gamers in crowdfunding by making the market:

Hyper liquid

Less risky

More accessible

For Game Developers

The listing is on Gamestarter is FREE. The platform only takes a small % from the raised funds (0% for the first 100 successful raises), plus up to 2% for each transaction on the marketplace. Projects listed on Kickstarter, will have to pay a 5% funding fee, together with a 3–5% fee for each pledge.

Game creators will also be able to earn passive income on Gamestarter. Each time an NFT is traded on Gamestarters marketplace, it incurs a small trading fee. A part of that fee goes directly to the original creators of the NFT.

Game listings will get promoted on Gamestarter’s official channels and get access to a wider community. Gamestarter is the first platform to introduce a new way of funding and participating in game development from an early stage. It’s also a brand new way to build a loyal game audience! Keeping in mind that there are millions of gamers funding hundreds of millions in playable game items — it’s is a sure sign that the community attracted by the project will be huge.

Developers also don’t need to worry about the technical side of introducing NFTs to their games or being labeled as a ‘crypto game.’ Gamestarter comes with a ready-to-use plugin built for the Unreal Engine & Unity 3d platforms.

Conclusion

Gamestarter is the very first project of this kind, which incorporates standard features of existing fundraising platforms with new cutting-edge technology and financial offerings. This gives Gamestarter a competitive advantage over all other existing platforms.

Moreover, it is fully powered by the $GAME token that can be used to back up multiple projects at the same time. Therefore, Gamestarter only needs 1 project out of 100 on its platform to succeed!

Gamestarter platform & marketplace will be launched in the coming days of Summer 2021. Are you ready to be part of the revolution?

About Gamestarter

Gamestarter lets indie games fundraise by selling digital game items as liquid NFTs. We add liquidity, player-ownership, and new funding resources to the largest entertainment industry in the world.

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