Fig to spend lump sum to Wasteland three investors as Microsoft buys publishing rights


These that invested in inXile’s Wasteland three by means of its Fig crowdfunding campaign will get a 132 % return on their investment, rather than the efficiency-primarily based payout outlined in Fig’s usual equity crowdfunding system.

That payout will be 1 lump sum rather than a series of returns following the game’s launch, even though it tends to make for a larger dividend price than the 1 initially listed in the Wasteland three campaign. The cause for this sudden switch, Fig explains in an e-mail, is that Microsoft has bought Fig’s publishing rights for the game for almost $two.three million.

If this all sounds a small familiar, it is mainly because almost the precise identical point occurred with the Fig-funded game Psychonauts two this week, even though the percentages and payouts differ just slightly.

Each inExile and Psychonauts two developer Double Fine had been acquired by Microsoft inside the previous year, and it appears the business has now sat down with Fig to settle some of the information surrounding the crowdfunding campaigns that helped the games raise millions.

The Wasteland three deal sees investors getting a dividend price of 85 % (as opposed to the campaign’s original 70 % price), and benefits in a payout of $1,320.75 per $1,000 share.

“As you may well currently know, inXile joined the Microsoft household late final year – we are excited for them for this subsequent stage in their journey of generating special and inventive games and can not wait to see what they do subsequent,” explains the e-mail. “As a portion of this transition, Microsoft has also lately bought Fig’s publishing rights for Wasteland three, for a value of $two,295,000 which will present a constructive return to all investors in Fig Game Shares.”

Each Wasteland three and Psychonauts two are amongst the biggest campaigns Fig has hosted to date, with each raising more than $three million just before funding closed. In the case of Wasteland three, the game raised $three.12 million of its $two.75 million aim. About $two.25 million of that total came from the sale of Fig Shares.


Latest posts