Thank You for an Incredible Year!
Thanks to you and thousands of other game fans throughout the world, we were able to cap off a truly amazing 2016. Fig.co hosted four of the top 10 biggest crowdfunded video games of 2016. Those four titles accounted for nearly two-thirds of the total amount of the year’s top 10 crowdfunded games.
Our community propelled Fig.co’s campaign success rate into a lofty 78%. That’s over four times the normal success rate for video game campaigns according to ICO Partners and two times the success rate of all the projects for a leading crowdfunding platform, according to Statista. But while most well-known crowdfunding platforms are strictly for rewards-based campaigns, Fig.co last year became a unique place where game fans could choose to get rewards or equity related to a game project — or both! Many of you chose both, pledging a combined $8.7 million to support and invest in securities related to titles such as Psychonauts 2, Wasteland 3, Jay and Silent Bob: Chronic Blunt Punch, Consortium: The Tower, Kingdoms and Castles, Make Sail and Trackless. For more fun-filled facts, check out our infographic below, chocked full of tasty data we’ve gathered from 2016.
In 2016, we learned a lot about our community. More than 3,700 of you backed more than one game through rewards crowdfunding, pledging an average of $133.71 per project. That in itself is great, but what’s truly astounding is the average amount our community invested in support of games — $2,800.
Why is this so significant? Because it tells us that there are thousands of fans like you who value independent games so much, you’re willing to invest 21 times more money for an equity stake in support of titles you believe in. You’ve shown that there is a vibrant, engaged community willing to step up and play a critical role in an ecosystem that funds a new generation of games.
In short, you helped us achieve the goal we set out to accomplish a year ago — to create an ecosystem where studios can stay independent, new talent can be discovered and revenue can be shared with the fans and investors who’ve helped them along the way.
Looking back at 2016, we are deeply grateful to you — our community. Looking forward to 2017, we can’t wait to introduce our investors and backers to even more high-quality game projects that set a new bar for innovation and creativity.
— Justin Bailey and the Fig Team