Seed Invest game description

Discussion in 'General Discussion' started by Lord_Darkmoon, Jun 1, 2017.

Thread Status:
Not open for further replies.
Page 3 of 5
  1. Sebastion2

    Sebastion2 Avatar

    Messages:
    94
    Likes Received:
    173
    Trophy Points:
    8
    Same here. Typing on the fly. This is the most fun I got out of the game in a while. Makes me really want to peruse the prospectus for fun.

    LTD means Limited (Liability) Company right? I would imagine Portalarium is one. Otherwise I would imagine a lot of disgruntled ex-players might want to take a chance at the private estate of some keypersons in the company. Lol.

    I think regulations applies more on publicly traded company. In this case, Portalarium is not one, and is not intending to be one, even with this investment proposal. For all intents and purposes, it is still considered a private company.
     
    Sebastion2, Jun 1, 2017
    #41
    Earl Atogrim von Draken likes this.
  2. Earl Atogrim von Draken

    Earl Atogrim von Draken Avatar

    Messages:
    6,331
    Likes Received:
    12,109
    Trophy Points:
    165
    Gender:
    Male
    Exactly.

    Nope. Can't be. They have outstanding shares. So they are some form of company on shares. As a company on shares you don't HAVE to do a public offering like they are doing now, nor do you have to be listed on the stock marked.
    Non the less you are a company on shares and all benefits and restrictions apply to your company.
    Actually, they are an Inc. Just looked it up ^^
     
    Last edited: Jun 1, 2017
    Earl Atogrim von Draken, Jun 1, 2017
    #42
  3. Burzmali

    Burzmali Avatar

    Messages:
    1,290
    Likes Received:
    1,771
    Trophy Points:
    113
    At least they didn't go Fig.co, that'd be the end for me.
     
    Burzmali, Jun 1, 2017
    #43
  4. Earl Atogrim von Draken

    Earl Atogrim von Draken Avatar

    Messages:
    6,331
    Likes Received:
    12,109
    Trophy Points:
    165
    Gender:
    Male
    LoL why?
     
    Earl Atogrim von Draken, Jun 1, 2017
    #44
  5. Burzmali

    Burzmali Avatar

    Messages:
    1,290
    Likes Received:
    1,771
    Trophy Points:
    113
    Fig.co is carefully designed to leave the crowd investors/crowd funders holding the bag with zero recourse if things go south. At least Kickstarter, Steam and direct sales leave Portalarium with obligations that can stick.
     
    Burzmali, Jun 1, 2017
    #45
    MrBlight and Earl Atogrim von Draken like this.
  6. Humbert_Humbert

    Humbert_Humbert Avatar

    Messages:
    367
    Likes Received:
    699
    Trophy Points:
    43
    I wish they would have gone to a monthly fee instead of constantly shoving this deco. Then maybe they would focus on making their game fun.
     
    Humbert_Humbert, Jun 1, 2017
    #46
    K1000, Cordelayne, MrBlight and 2 others like this.
  7. Kpopgurl

    Kpopgurl Avatar

    Messages:
    510
    Likes Received:
    697
    Trophy Points:
    63
    Gender:
    Female
    Product & Service

    Shroud of the Avatar is a detailed sandbox-style MMORPG in a third-person view played with a mouse and keyboard. The player-first mindset gives Avatars the freedom to explore the world as they choose: slay a dragon, establish trade routes, craft weapons and armor, or conquer a town. Shroud of the Avatar provides players with a real world where they can do real exploration, and are faced with choices that have real consequences.


    What game are they talking about!? Conquer?! All those snowflakes might get scared now in their shiny underpopulated POTs :D
     
    Kpopgurl, Jun 1, 2017
    #47
  8. Brass Knuckles

    Brass Knuckles Avatar

    Messages:
    3,958
    Likes Received:
    7,707
    Trophy Points:
    153

    They could and possibly should lay off story writers once the story is complete. Same with artists and the people working on the web site fluff. They really need the animators amd game developers/engineers.

    Simple buisness plan when one phase is complete move to the unfinished one. No need to keep staff not contributing to the project.

    This stuff could still be down the road, and im pretty sure they will be right land will be rare and pots will fill.
     
    Brass Knuckles, Jun 1, 2017
    #48
    K1000, Pikegirl, Hornpipe and 1 other person like this.
  9. Earl Atogrim von Draken

    Earl Atogrim von Draken Avatar

    Messages:
    6,331
    Likes Received:
    12,109
    Trophy Points:
    165
    Gender:
    Male
    Harsh but true.
     
    Earl Atogrim von Draken, Jun 1, 2017
    #49
    Pikegirl, Hornpipe and Brass Knuckles like this.
  10. Brass Knuckles

    Brass Knuckles Avatar

    Messages:
    3,958
    Likes Received:
    7,707
    Trophy Points:
    153
    This is a buisness not a charity function. Now they are obligated to share holders, and tbh im considering investment.
     
    Brass Knuckles, Jun 1, 2017
    #50
    Pikegirl, King Robert, Hornpipe and 1 other person like this.
  11. Earl Atogrim von Draken

    Earl Atogrim von Draken Avatar

    Messages:
    6,331
    Likes Received:
    12,109
    Trophy Points:
    165
    Gender:
    Male
    Absolutley.
    But you have to admit that, if you aren't used to project work and contracts, it seems harsh ^^
     
    Earl Atogrim von Draken, Jun 1, 2017
    #51
    MrBlight, Hornpipe and Brass Knuckles like this.
  12. Kpopgurl

    Kpopgurl Avatar

    Messages:
    510
    Likes Received:
    697
    Trophy Points:
    63
    Gender:
    Female
    Well judging from Lum's Blog I guess he doesn't do anything :p no offense. ;)

    I find it funny that what most people who backed because they played UO complained about: lack of sandbox features and conflict - is still not addressed, but they advertise with it. They even dodged the question on the telethon from what I have heard (proof?)
     
    Kpopgurl, Jun 1, 2017
    #52
    MrBlight likes this.
  13. tphilipp

    tphilipp SotA Dev Moderator SOTA Developer

    Messages:
    535
    Likes Received:
    1,747
    Trophy Points:
    63
    This is, as said by others, indeed a "harsh but true" business practice, however, in reality it's not that black and white. Lots of people in games wear multiple hats, and can take over other roles. It's a gamble in priorities. Also, in our case - that would in some areas mean to reduce to zero, which isn't helpful, either.
    Many areas need improvement, priorities shift depending on what phase the project is in, but all areas unfortunately need at least maintenance.
     
    tphilipp, Jun 1, 2017
    #53
    Rada Torment, K1000, Hornpipe and 4 others like this.
  14. Burzmali

    Burzmali Avatar

    Messages:
    1,290
    Likes Received:
    1,771
    Trophy Points:
    113
    A fool and his money...
     
    Burzmali, Jun 1, 2017
    #54
    Mykll likes this.
  15. Brass Knuckles

    Brass Knuckles Avatar

    Messages:
    3,958
    Likes Received:
    7,707
    Trophy Points:
    153
    Hehe true my money my risk and how I think the investment might pan out.
     
    Brass Knuckles, Jun 1, 2017
    #55
    K1000, Hornpipe and Earl Atogrim von Draken like this.
  16. Earl Atogrim von Draken

    Earl Atogrim von Draken Avatar

    Messages:
    6,331
    Likes Received:
    12,109
    Trophy Points:
    165
    Gender:
    Male
    Same here.

    Risk investment isn't for everybody.
     
    Earl Atogrim von Draken, Jun 1, 2017
    #56
    Sator Faryn, K1000 and Hornpipe like this.
  17. Brass Knuckles

    Brass Knuckles Avatar

    Messages:
    3,958
    Likes Received:
    7,707
    Trophy Points:
    153
    I agree, but things do change a bit with share holders involved. There is a fuduciary responcibility.

    Im way more willing to get behind this knowing they will do the right things for investors.
     
    Last edited: Jun 1, 2017
    Brass Knuckles, Jun 1, 2017
    #57
    Hornpipe likes this.
  18. Rip Saya

    Rip Saya Avatar

    Messages:
    45
    Likes Received:
    131
    Trophy Points:
    8
    While it would have been more ideal to have the game generate its own revenue at this point, I am at least glad to see that they are not going to throw in the towel easily. Keep fighting for the dream!
     
    Rip Saya, Jun 1, 2017
    #58
    K1000, Hornpipe, Baron Drocis Fondorlatos and 1 other person like this.
  19. Vodalion [BEAR]

    Vodalion [BEAR] Avatar

    Messages:
    124
    Likes Received:
    265
    Trophy Points:
    30
    Gender:
    Male
    i thought about investing aswell, but it´s only possible with an american bank account ...
     
    Vodalion [BEAR], Jun 1, 2017
    #59
    Hornpipe and Earl Atogrim von Draken like this.
  20. Lesni

    Lesni Avatar

    Messages:
    971
    Likes Received:
    2,153
    Trophy Points:
    105
    Gender:
    Male
    Location:
    Novia
    I don't expect and official response from Portalarium to this thread since they can't.
    So don't expect any answers here. (The SEC rules prohibit it.)

    ************************************
    I've got a few coins invested into SOTA.
    I've also reserved my series.b investment.

    If the project goes under, I will go down with the ship.

    Arrr me Hearties, batten down the hatches, raise me mizzenmast, full speed ahead.
     
    Lesni, Jun 1, 2017
    #60
    Womby, Rada Torment, K1000 and 5 others like this.
Page 3 of 5
Thread Status:
Not open for further replies.