Nerd Kingdom owned by Chinese mobile gaming firm IGG?

[Boots of Doom]

Now this is very interesting.

http://img1.igg.com/9900/news/2015/05/05/359514116.pdf

Page 19:

The group acquired an American game developer
Nerd Kingdom at the end of 2014
Nerd Kingdom was established in 2010 by a
team comprising a data scientist, an
economist, a nuclear engineer and computer
scientist, a gaming industry veteran and
other professionals. The company brings an
interdisciplinary perspective to games and
technology, and has created the Eternus
engine, a game engine on which its flagship
game, TUG, is being built.
"TUG" is a sandbox game, similar to the
well-known game "Minecraft", that
encourages social collaboration, learning,
and competition within a real time virtual
space. The game is currently in alpha stage.
TUG and the underlying Eternus
Engine, will function at current gen
specifications, within the browser and
seamlessly be accessed across all devices.

Fascinating. TUG the browser game. How did we miss the announcements about this, I wonder?

Looking at IGG's portfolio, it's mostly rip offs of better known games. Hmm. Tasty plagiarism. So salty.

I knew I smelled sewage underneath all this mysterious dropping of previous assets and engines.

This is Godus all over. Hilarious really.

[Boots of Doom]

Wow. Truly you're just "community". These are the kinds of circles we all move in, where people chuck millions around based on maybes and no worrieses and "belief in visions".

Your friends from the Caymans - nice tax arrangement by the way, very socially responsible - "like to ask questions", they "perhaps leverage" stuff. How chilled.

NO, THEY OWN YOU. Fcksake.

Dream on folks. Keep sucking on the pipe. This is as good as it gets.

[Boots of Doom]

This is like arguing with Christians. Faith is a mighty powerful kind of stupid.

I'll give you this, Ino, I think you really do believe your own shtick. You're quite literally invested in it, after all.

That's why you get to patronise non-believers with such jaw-dropping gall.

[Enik]

Messaggio originale di Inoritewtf:

Also, @Enik, the most recent round was also 8.5 million. And the next round is likely going to be something close to $20... which is a lot MORE PBR. Companies or investment groups don't typically put this sort of money/faith into something, without doing a TON of research on the team, the progress of the product, and overall goals.

I've been personally involved in two very significant equity events in my career. And am certainly well aware of the rigors of the due diligence process. So, yes, if VCs are coughing up that kind of cash, especially in this economy, you're definitely on to something.

I don't own the game so I have no horse in this race. I'm just an interested follower.

[Boots of Doom]

I know little of the fairy dust world of merchant banking, Cockney rhyming slang or otherwise.

So talk down to me. Explain it as you would to a winsome child. How's it possible that you sell 62% of the shares of your company for $3 million at date 0 months, and then secretly (never before mentioned) get another $8 million for the remaining 38% at ~18 months? Who'd do that, valuing less than half a firm at nearly 3x the value of bigger chunk only 18 months later? I suppose if the firm had some sort of product that was making big waves, it'd be understandable. Who'd not jump at the opportunities to magically multiply their potatoes? That's just the good old American capitalist way, right?

... But when all they've done is bin all the progress and restarted and also shut down all their social media for a year? And then maybe another $20 million after that? How does that work? Is it like a "more money than sense" thing?

It's all exceedingly mysterious to me.

[Boots of Doom]

From the Kickstarter:

Going through Kickstarter, staying independent, and allowing our community to take ownership of what we’re doing together allows us to stay free of the influence of those other groups. If we’re not answerable to anyone but you, the community, then we don’t have to worry about meeting someone else’s agenda. All we have to worry about is making a great game even better!

And to that, we would like to make a commitment to you: all funds raised, from now until our official launch in 2015, will go directly into the game’s development, and not into anyone’s pockets. We want the community’s support to show in full with what is being created.

Suckers.

[Inoritewtf]

@Deadlock, I have tried countless times to come to some form of middle ground with you. I have spent hours over the past few days trying to reason with you, have dialog with you, and even share information where I could to appease whatever suspicions or inquiries you may have had. However at this point, the toxicity of your involvement in our communitie(s), has gone far enough to actually impact members of our community. This harshness needs to decist.

While I will be keeping all of your posts public, and delete none of those comments, I have to take steps to try to protect those in the community that from your comments, which have gone beyond negative, to outright aggressive.

It's unfortunate that your behavior got this far out of line, as some of your posts had some form of insight. Still, your comments managed to spark a lot of activity in the forums, and even drive some strong discussions.

[Boots of Doom]

But you're a behavioural scientist, dude. You didn't think this was coming?

[Inoritewtf]

Messaggio originale di Enik:

Messaggio originale di Inoritewtf:

Also, @Enik, the most recent round was also 8.5 million. And the next round is likely going to be something close to $20... which is a lot MORE PBR. Companies or investment groups don't typically put this sort of money/faith into something, without doing a TON of research on the team, the progress of the product, and overall goals.

I've been personally involved in two very significant equity events in my career. And am certainly well aware of the rigors of the due diligence process. So, yes, if VCs are coughing up that kind of cash, especially in this economy, you're definitely on to something.

I don't own the game so I have no horse in this race. I'm just an interested follower.

Yea, the team has been fortunate to have found a lot of great financial partners to help us push our project further and further along. The biggest complexities for us in the process of early access, is setting expectations for the length of time required for solid sofrware development, vs game development in an existing technology... still... we march onwards.

Check back in a few months, or plop around our forums... we are in a phase where a lot of our progress is technology driven, if you are into that sort of thing. The game stuff happens a bit further down the line, but its getting there.

[Kindred Spirit]

This topic didn't age well at all.

https://massivelyop.com/2019/06/28/lawful-neutral-tugs-nerd-kingdom-is-the-real-slim-shady/

[Hawk the Hero]

Messaggio originale di l'Original:

This topic didn't age well at all.

https://massivelyop.com/2019/06/28/lawful-neutral-tugs-nerd-kingdom-is-the-real-slim-shady/

Yea ... Yea ... yea