5. The CrowdFunding + Equity Share model, Payments and Escrow(this section is copied over in the BUY thread. Please refer to there before you proceed:
https://bitcointalksearch.org/topic/the-fate-of-satoshi-a-bitcoin-graphic-adventure-buy-thread-crowdf-equity-437004 )
We want to fund the game production by selling pre-orders and a total of 49% stake in it.
All of the game’s sales income (excluding the Equity sale itself) will be split among us (51%) and the Equity holders (49% total, 0.1% per share, 490 shares), in the form of monthly BTC dividends to the address used for payment. From release and till the end of times.
BUT we can only go ahead with the project if we get at least 20% of the Equity “funded” or sold (which amounts to 10.000 USD or 12 BTC at current rate). This is the bare minimum that would enable us to cover the costs to do this professionally and in a sensible timeframe.
For this reason, we have requested the help of gweedo (BitcoinTalk Hero Member) to do all transactions through a trusted and well respected escrow, granting us the possibility of doing a full refund if our target is not met.
The payment addresses will be held and posted by gweedo below (I’ll copy them on this opening post), and they will only be released to us
IF and when we reach the goal of 20% stake sold. If we don’t manage to do that in a maximum of 45 days, all funds will be returned.
That said, we want to make this happen and keep it as simple (and profitable) as possible for everyone involved so there will be just two tiers:
(I’ll keep the BTC prices updated twice a day according to market fluctuations, please always check this or the BUY thread for the latest price before you proceed)
+
Tier I: Full game pre-order + early access copies (no equity!)Price: 10 USD worth of BTC: 0.0164 BTC at current rate
Send BTC to
1sHPHTwXg1EoXj9bTNZT1eHTxKj6gVu6t
and post in the Buy thread:
https://bitcointalksearch.org/topic/the-fate-of-satoshi-a-bitcoin-graphic-adventure-buy-thread-crowdf-equity-437004+
Tier II: Equity shares + Full game pre-order + early access copies490 shares total, worth 0.1% of the game each.
You can get as many shares as you want.
1 game copy per original shareholder (not share!)
Price per share: 50 USD worth of BTC: 0.0818 BTC at current rate
Send BTC to
1Hm89NoTN9MZ1Sy4H944f37AapWrtyypmy
(to buy X number of shares, send the total amount (X * 0.0818) in a single transaction !)
and post in the Buy thread:
https://bitcointalksearch.org/topic/the-fate-of-satoshi-a-bitcoin-graphic-adventure-buy-thread-crowdf-equity-437004+
Donators: If you feel you appreciate the idea but won’t be playing and wanna just help out:
Send BTC to:
1Mw6YEiGaZFoCnLGcJR39PBxWmKwqQwkXB
IMPORTANT: Make sure you send the BTC from an address you fully control (ie you own the private key) and in a single payment ! We will be doing all accounting, tracking and confirmation through the addresses and BTC itself: we’ll be requiring a signed message when the time comes to deliver the game and all dividends for Equity holders will be payed out to the address you used to pay. It is absolutely vital that the address you used can receive BTC back and that you control the private key.
6. Why this is a good idea for you and for us+ You’ll be helping Bitcoin with both promotion and education in the broader fully untapped community of gamers, and potentially profiting from it.
+ Graphic Adventures are experiencing a full throttle revival with awesome titles like Deponia, Kentucky Route Zero, Broken Age and many others. Most of us have enjoyed and hold fond memories of at least one of them at some point or another.
+ We’ve put a price on shares (as opposed to auctioning) and in doing so capped our max funding so that you as an investor achieve ROI no matter what. We’re aiming at full ROI for investors at around less than 2500 game copies sold. This is actually a very conservative (some would even say lousy) number for indie game sales .
+ There are 1.500.000 Bitcoin users worldwide, but there are over 70.000.000 gamers if you count Steam alone.
+ This is a fun different risk free Bitcoin investment. If we do not get enough, you get your BTC back. If we do get initial funding, then it’s up to all of us to promote, help spread the game and turn this into a great performing experiment and investment.