Frost Giant Studios Launches Equity Crowdfunding Campaign
The developer behind Stormgate seeks player investments to bolster marketing efforts for its early access launch.
- Frost Giant Studios invites players to invest in the company through an equity crowdfunding campaign on StartEngine, aiming to raise up to $5 million.
- The funds will primarily support marketing costs for Stormgate, an upcoming real-time strategy game set for early access in Q3 of 2024.
- Despite raising $35 million in funding and over $2 million through Kickstarter, the studio seeks additional financial support citing the high costs of AAA game development.
- The move comes amid widespread layoffs in the gaming industry, with Frost Giant emphasizing player and worker happiness over near-term profits.
- Stormgate, developed by former Blizzard veterans, has garnered significant interest, including over half a million wishlists on Steam.