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Shadow of the Eternals Kickstarter ends with less than half of target raised

Saturday, 24th August 2013 14:41 GMT By Stephany Nunneley

The Kickstarter for Shadow of the Eternals from Precursor Games has ended with less than half of its $750,000 target earned through the crowdfunding site.

After relaunching the campaign in July, the project ended last night with 5,932 backers pledging $323,950 – which is $426,050 short.

The relaunch showed new developments, a switch to a stand-alone release instead of an episodic format, and a lower corwdfunding goal due to an external funding agreement.

This is the second time the campaign failed, with the initial project goal of $1.5 million cancelled three weeks in back in June by the company, after it raised only $300,000 across both Kickstarter and Precursor’s website.

Precursor said at the time there were too many “messages” surrounding the formation of the studio and admitted it failed to focus on detailing the game more. At the time, Silicon Knights founder Denis Dyack said the “noise” over his involvement also added to misconceptions to the already “unclear” funding campaign.

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12 Comments

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  1. wamp

    Sad news for the studio and gamers. Great news for kickstarter. now they can order some h**kers and drugs with those money and have a blast night

    #1 8 months ago
  2. Clupula

    @1 – I guess you’re unaware of how Kickstarter works. The money for projects that fail goes back to whoever did try to donate for it.

    #2 8 months ago
  3. wamp

    Are you sure? that would be great if it’s so.
    I thought there needed to be a risk factor in it, to prevent everybody from starting a kickstarter campaign about everything.

    #3 8 months ago
  4. Phoenixblight

    @3

    That is exactly how it works. If the Kickstarter is unsuccessful the money is never taken out. Its only when it is successful that money is taken out and kickstarter takes a cut.

    #4 8 months ago
  5. revolting

    @1,2 It doesn’t go back to the pledgers… it’s not even taken from the pledgers in the first place if the campaign is unsuccessful. Pledgers lose nothing, kickstarter gains nothing. Even successfully funded projects don’t have their funds collected from pledgers until their campaign is successfully completed.

    And people have started projects about everything. There was even a fairly high profile one to build a fully operational Death Star, with a target so high it could never possibly be reached, which for better or worse, turned out to be the case.

    #5 8 months ago
  6. wamp

    Yeah I just read about how it works on the kickstarter page.
    When the campaign is active all the money are going directly to the persons Amazon payments accounts and if he want he can refund the people in 60 days. Kickstarter is out of the deal until a project is successfully funded, then they get a cut. So I guess no party tonight then.

    #6 8 months ago
  7. wamp

    @5 I don’t think they can take pledgers money after the campaign is finished, like an amazon pre-order ;p
    Because what’s stopping me for putting “here guys you can have 2 millions just from me” and in the end to say “my bad, wrong calculations, forgotten a had to buy next-gen consoles’n stuff” :)

    you can read about it here
    Can Kickstarter refund the money if a project is unable to fulfill?
    http://www.kickstarter.com/blog/accountability-on-kickstarter

    #7 8 months ago
  8. Phoenixblight

    @7

    Money is taken after it is successful. THats how it works. I have pledged to 8 Kickstarter over the last two years and when they are successful they have taken money every time within an hour of it being successful.

    #8 8 months ago
  9. DSB

    Part of me feels bad for Precursor, but they had to know what they were doing here.

    Ignoring the elephant in the room is a lousy way to try to run a Kickstarter.

    #9 8 months ago
  10. bmuny101

    Should have made the game for all systems. I mean really why leave out the xbox. There weren’t that many people who played the OG game so they needed to broaden their audience and chose not to. I would love to see Nintendo Sony or Microsoft fund it and make it an exclusive title.

    #10 8 months ago
  11. Dreamcast

    The problem is Denis. It always has ben.

    At this point, even Denis is aware that this project is faltering because of him. Instead of stepping down from his role within Precursor Games, he would rather see the whole thing die off.

    #11 8 months ago
  12. revolting

    @7 I know how it works, I’ve backed many projects. Funds are taken from pledgers by kickstarter immediately upon project completion, and then transfered from kickstarter to project runners shortly after. (There’s a handover period of a week or two.)

    What’s stopping them from doing a runner? Absolutely nothing, beyond good business ethics and not wanting to get themselves on every blacklist known to man. This is the nature of investment. It’s a gamble, a show of faith. And if you get burned, you don’t trust that person ever again.

    #12 8 months ago