HeroEngine announces equity-based crowd funding solution for Game developers
Idea Fabrik Plc. (Boerse Berlin symbol GB00B61CVK31, TI4.BE), creators of the HeroEngine, an integrated platform for online game development and operation, announced the launch of its crowd funding platform HEROFUNDING.eu.
HEROFUNDING.eu provides a new way for both small and large investors to directly invest in promising game projects being developed on the HeroEngine platform.
Specifcially, HEROFUNDING.eu provides a potential connection between European investors interested in participating in the rapidly growing on-line games market, and European game developers using HeroEngine; enabling ‘the crowd’ to invest in game projects in exchange for an equity or ownership stake in the project,
Investments can be as little as EUR 20 for each investment unit, to as much as EUR 2,500,000. Current regulatory limitations are that both the investor and the game developer must be EU domiciled or an EU chartered entity. HEROFUNDING.eu uses a plug and play, white label crowd funding solution for video games developed by Gambitious.
Alex Shalash, Chairman of Idea Fabrik Plc. said: ‘Our mission has always been to provide HeroEngine and HeroCloud licensees with all the tools necessary to allow them to focus their resources solely on the art of game development. The addition of this pioneering crowd-funding solution in cooperation with Gambitious is another step in reaching that objective.’ Shalash added, ‘We will continue to search out ways to help our licensees bring their games to market faster by offering the best technology platform and supporting commercial services in a single package.’
Gambitious MD Paul Hanraets, elaborates; ‘our current solution is well fitted within the current European securities legislation, however our main goal is to work towards a global solution, and we expect that HeroFunding will be an important part of our intended growth.
The announced portal will be launched in the beginning of April and Hero developers can begin immediately to enroll their projects on the landing page of HEROFUNDING.eu.