http://massivelyop.com/2017/06/23/how-star-citizen-uses-science-to-build-out-its-galaxy/
Didn't watch the videos, but maybe gives more info
Star Citizen Thread v6
- Thread starter Brett C
- Start date
- Status
http://massivelyop.com/2017/06/23/how-star-citizen-uses-science-to-build-out-its-galaxy/
Didn't watch the videos, but maybe gives more info
Thanks for the links. I didnt watch the videos yet but one is an ATV so I dont expect any "answers" from it
the other one seems to be a propaganda video (but I llw atch it later). A google search of "Solar System Ed" didnt bring any results so I assume its either an in-home program used and developed by CiG themselves which makes me wonder because of Sasha Huber (another google search of "Sasha Huber Star Citizen" only brings up the finnish artist or its nothing tangible simple thrown out at the community with the label "magic germans" which nobody cared to check or verify. Theres only so much time and effort I m willing to put out for stuff like this on my phone so if anybody has some more information on this matter (because I fail at google it seems)...it would be appreciated.
A BIG amen to this. (and a rep+)
CIG Recently Took Out A Loan From Coutts & Co. In The UK
Don't know if this is normal but...
Some more talk about it here
Don't know if this is normal but...
Some more talk about it here
Last edited:
Excellent. So Star Citizen will be released in 2021, then. As a Facebook game, once King picks up he license from the bank for the price of a cappuccino.
It's extremely good that a company we gave 150 million dollars to has at least a million pounds of assets
This made me go "lol"
Oh dear, someone at the bank obviously didn't do their homework. I can't believe anyone would put money in that dumpster fire.
Well while its possible to "trick" banks in general doing so would result in a massive legal fallout when things go belly up . These guys tend to beat up a ruckus when they lose money. I believe that if they gave CiG a loan it would be for a garantueed return value so probably real possessions mostly (coffee machine, space doors etc) and only the bare minimum for their "intellectual property". What I dont believe is that the bank for "handwaved" and "sweet talked" into this thing because thats not how banks operate so whatever loan they got has to have a real counter value tied to it with an excess worth to what was granted as loan.
Yup. I would also find it hard to believe that any bank would offer a substantial loan to CIG based on collateral other than tangible assets. And from what I've seen, CIG don't appear to have a great deal of those, leading me to suspect that they haven't borrowed much. So probably not that significant, other than perhaps suggesting that they don't have a lot of spare cash floating around, which seems to be the general consensus amongst people who have been trying to figure out where the money has been going.
Yeah, but that could be a worry too.
I'm having an awfully easy time imagining a scenario where they went “oh, we'll get 3.0 out and the backers will shower us in millions — everything is fine…”. But then, all of a sudden, 3.0 is delayed and they won't make that money and they really need it right now to make payroll or whatever, and they can't let that not happen because that's not the signal they can afford at this point. So they take a small short-term loan to cover for it, because “oh, we'll definitely get 3.0 out in a month (or two) and backers will shower us in millions — everything is fine…”.
Guess this means that 3.0 truly is the MVP, the initial release of SC, with CIG hoping it will sell enough so that the loan can be repaid and that they will have some extra cash to continue adding missing features.
Prediction; It will launch with fanfare at CitizenCon. Citizens are happy - initially. Reviewers will tear it to bits, game breaking bugs will surface shortly after launch, the facade will begin to crumble. The game will fail to sell outside of the community because most that are interested already owns it. The bank steps in, Roberts is ejected, the bank starts looking for potential buyers but no one will step up. Game over.
Prediction; It will launch with fanfare at CitizenCon. Citizens are happy - initially. Reviewers will tear it to bits, game breaking bugs will surface shortly after launch, the facade will begin to crumble. The game will fail to sell outside of the community because most that are interested already owns it. The bank steps in, Roberts is ejected, the bank starts looking for potential buyers but no one will step up. Game over.
Last edited:
I wouldn't think 3.0 is the MVP but I bet 4.0 will be. there will be a caveat released on the day MVP is properly announced that "not to worry the game will continue to be worked on as long as there is support...we have a 10 year plan" or something to that nature. Then your predictions will occur and there will be much hand wringing and grasping of teeth about who is to blame....it won't be Roberts. It never is.
Consoles are to blame obviously, or mobiles. They just didn't believe.
The loans probably just to pad out capital between the larger concept sales so everyone gets paid. Loans aren't especially notable, although it raises questions in the context of a crowd funded project where the money is supposedly taken in advance. If CIG are taking loans based on the possibility of more "crowd funding" then that's dubious. When you back the project are you contributing to the projects future or simply helping them pay off work already done with interest?
The loans probably just to pad out capital between the larger concept sales so everyone gets paid. Loans aren't especially notable, although it raises questions in the context of a crowd funded project where the money is supposedly taken in advance. If CIG are taking loans based on the possibility of more "crowd funding" then that's dubious. When you back the project are you contributing to the projects future or simply helping them pay off work already done with interest?
while 10 years sound impressive we just have to take a look at CiGs 6 year record so far in order to realize its nothing at all
Not unusual, since the more collateral you offer, the easier it is to secure a loan, and the lower the interest rate.
No, but it's not like CIG has all that much of value to put up, and chances are that a bank would classify them as a very risky venture, making the credit rating of what they can offer rather low. So requiring “everything” for even a fairly small loan wouldn't be all that surprising.
As a bonus, it might also introduce the first proper pledging in this whole venture.
Oh, and as someone pointed out, there's this funny bit at the end:
Charge Papers said:
Translation: Coutts now owns the game. CIG may develop it if they keep paying their bills within 60 days of Coutts asking for the cash. Otherwise, snip-snip. CIG is now leasing the rights to develop the game they were given $150M+ to develop.
Last edited:
Found it.
Here was my previous prediction: https://forums.frontier.co.uk/showthread.php/259596-The-Star-Citizen-Thread-v5?p=5557796#post5557796
Could be pretty accurate if they are taking out loans
Here was my previous prediction: https://forums.frontier.co.uk/showthread.php/259596-The-Star-Citizen-Thread-v5?p=5557796#post5557796
Could be pretty accurate if they are taking out loans
Last edited:
- Status