Game Discussions Star Citizen Discussion Thread v12

CIG rewards backers with... an advertisement!

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"BE SURE TO DRINK YOUR OVALTINE"
 
I mean, sure, having zero oversight on an unregulated market never causes any problems.

It's why NFTs and crypto are huge right now. Digital currencies and assets are a pretty brand new thing, and the technology behind them moves so fast regulators are being left in the dust.
This is a thread to talk about Star Citizen, not to LARP as marxists.
 
Most games are just judged on being games, it’s just SC and ED where players judge them on dreams and potential.

Nah, seen plenty of games where people dream about what could be. Open World games tend to be the biggest culprits to generate this sort of mentality simply because there is so much scope to make them into something bigger, something more.

People just don't usually consider how much time and money certain things take to do. And in SC's case, some backers have been infected with Robertisis, a belief that anything is possible and that there will always be more money and they can take as long as required to deliver. Therefore all dreams are possible.
 
  • They outlined all the accountancy declarations which are missing from these blog posts, making meaningful assessment impossible. Which is nice.

I don't understand this part.

But yeah, Calders starting to get their money back before the game is released is just pure...

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And let's not forget the dividends CR paid himself and other shareholders.
 
So, CIG spent 15 million on marketing.... Calder took 5 million. CIG paid themselves around 2 million(?) in divdends.

So, close to a quarter of money taken in has gone into marketing and giving rewards to investors.

Backers should be celebrating this.
 

Viajero

Volunteer Moderator
I don't understand this part.

But yeah, Calders starting to get their money back before the game is released is just pure...
I believe this refers to the opening paragraph in the report. Just a sort of disclaimer. It does not list exhaustively what has been left out though. It simply states the report is both incomplete and irregular in its format. Things like a missing basic balance sheet or details about revenue recognition (which could be useful, perhaps, in terms of SQ42 for example or to have a peek at what other revenues where CIG considers it has delivered a product on and can declare profits about) etc.

The disclaimer also patronizes a bit the community by telling us we are not worthy and able to read a standard more detailed report. Somehow I highly doubt that magnanimous argument be the actual reason.
 
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So, CIG spent 15 million on marketing.... Calder took 5 million. CIG paid themselves around 2 million(?) in divdends.

So, close to a quarter of money taken in has gone into marketing and giving rewards to investors.

Backers should be celebrating this.
All necessary to build the foundations for a company that needs to build the foundations for the pipeline that will one day build the best space game ever.

Soon.

Now buy an Idris

(To be honest, things like the door are lump change and cool, something like this is good for the motivation of the employees. The rest, not so much)
 
judging on other announced potential things is no longer out of context.
It is, as CiG have demonstrated in the last 10 years they do not deliver on their promises. We already played this little game and you dodged the question, but really, there is a long list of "announced potential things" that still are vaporware, and will never exist in any form remotely close to what was promised.
You still make that mistake of talking about SC in future tense, when 10 years of backer experience have taught us to just judge what is actually installed on our version of SC (PU mostly, PTU for potential indeed). If you look further than current PTU (or Evocati if you have access to that) then things tend to disappear... and there's that large list of features that are still not on any roadmap.
 
This is a thread to talk about Star Citizen, not to LARP as marxists.
Financial regulations aren't socialism or communism, they are laws that are (supposed to, anyway) prevent people and companies manipulating potential investors and consumers (by preventing pump n dumps or various other schemes). Mostly to continue to provide stability and trust in the financial systems that are in place.

And hey, this thread has talked about a lot of weird things, especially in regards to crypto, NFTs and other digital assets.

I didn't bring up the metaverse stuff in the first place, I just made an offhand comment (that again, was meant more as a joke, unless you believe I really lust for nuclear death).

Although I guess Star Citizen is Marxist, since it's getting tens of millions in tax credits.
 
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