Wasteland 3 second game to be funded on Fig by Fig Game Shares.
Fig Publishing Inc. has been approved by the United States Securities and Exchange Commission (SEC) to offer Fig Game Shares for Wasteland 3, a new game being developed by inXile Entertainment, creators of Wasteland 2 and Torment Tides of Numenera. Fig remains the only crowdfunding and publishing platform allowing non-accredited investors to financially support video game development and publishing. Wasteland 3 is the second game funded on Fig to be supported by Fig Game Shares qualified by the SEC, Psychonauts 2 being the first.
“As other crowdfunding platforms continue to struggle, Fig continues to transform the entire video game ecosystem, from the way fans interact and support their favorite games, to the way games are published,” said Justin Bailey, founder and CEO, Fig. “Fans now possess the ability to support the development of their favorite games and financially benefit from their success.”
“When we first started, crowdfunding fans used crowdfunding almost as a pre-order system. We had no way to give them the opportunity to share in our financial success. With the advent of Fig, our fans can now share in the financial benefits of a successful game, which was an evolutionary shift in game development and publishing,” said Brian Fargo, CEO, inXile Entertainment.
The Wasteland 3 Fig crowdfunding campaign garnered more than $3.1 million in funding and investment reservations from 17,707 fans, who gave their support for the sequel to the critically-acclaimed game of the year Wasteland 2. The campaign generated $2.25M in investment interest. With SEC qualification of Fig Publishing, Inc.’s offering statement, fans who registered their investment interest will be able to buy their Wasteland 3 Fig Game Shares. Fig Publishing, Inc. will soon reach out to investors with details to complete their investments online at fig.co. Backers should review the offering circular for Fig Game Shares -- WL3 that will be available on Fig’s website and the SEC's website.
Fig remains the video game industry’s only successful rewards-and-investment crowdfunding and publishing platform. Since its inception in 2015, four of the top ten most successful campaigns have been on Fig, and each have offered Fig Game Shares as well as traditional rewards. Pillars of Eternity II: Deadfire ($4.4M, ranked #1), Psychonauts 2 ($3.8M, ranked #2), Wasteland 3 ($3.1M, ranked #3) and Jay and Silent Bob: Chronic Blunt Punch ($445K, ranked #10) make up 71.6% of the total amount of money promised to all the top ten games combined.