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Star Citizen loan clarification: it's an advance on their UK game dev tax rebate
- Thread starter Raticus79
- Start date
Unhandled Exception
Member
It's either one of the best trolls ever, or he is the dumbest motherfucker on the internet.
Pretty much. It's like they've hinged their personal pride on it
TheVoidDragon
Member
Did you not read what they said? Collateral is required for a secured loan and it's only to do with Foundary 42, not Star Citizen as a whole. A secured loan gives them low interest rates. The low interest rates on the loan mean it's more financial viable to operate Foundry 42 using that money from the loan rather than transfer money from the US/elsewhere and loose money from currency conversion and similar things, with the tax rebate being used to pay off the loan.
formasymphonic
Member
I'd be pretty interested in seeing how many of the 31 points of the test they qualify for in order to get the VGDC. (not because I think they are doing anything illegitimate, but mainly because there seem to be some core ones about the "british-ness" of the game and i'm interested in how a game set across space satisfies the criteria)
Crossing Eden
Hello, my name is Yves Guillemot, Vivendi S.A.'s Employee of the Month!
Why the vitriol? Who in this thread do you suspect has spent hundreds of dollars on this project? Lastly, do you understand anything about UK finances? Because they didn't mortgage their whole company.
What's there to even defend tho? It's a game that's in development, and has been in development for years, is receiving updates, new footage and assets, etc., what exactly is wrong with what they're doing with this game atm?
You keep using the phrase "Ponzi Scheme" I don't think it means what you think it means.
Dude IIRC, you've been predicting the game would fail before X for years now....
At the same time lacking the wherewithal to see the irony of using a Shenmue avatar.
Elaborate please.
Krisprolls
Banned
They don't want the game to fail (there is no game here so no game will fail), they want to stop fools from giving thousands of dollars to crooks and scammers.
Simply because this money would be better used elsewhere, and each time you give money to crooks, it gives other crooks ideas and after a while all you get is a shitty world.
There are tons of nice devs and games you can give your money to, or humanitary causes. Chris Roberts or Bernard Madoff shouldn't be rewarded with millions of dollars.
Since you seem to be unaware of it, the legal entity that is Foundry 42 that is eligible for this rebate is their UK studio only. Their largest one is operating in Manchester iirc, and it'd be a stretch to call that American.
SuperBanana
Banned
People are so eager for this game to fail. It's like when they simply updated to a newer version of their engine and it was reported it "Star Citizen scraps engine for new one!!!!".
TheVoidDragon
Member
What are you basing any of this off? You're acting as if the game is non-existent and there's nothing to indicate it's even being worked on. Why would you in any way think they're "crooks and scammers"?
Technically they were correct. The best kind of correct.
You know, it would be nice if one of the naysayers actually went to school and learned what the term ponzi scheme actually means.
Steverulez
Member
From a cash-flow perspective, it actually does make sense although obviously they wont get all the money as the bank will keep some. I guess it depends how much they're getting
Cabbagehead
Member
Krisprolls
Banned
Oh I perfectly know what it means. Star Citizen is a kind of Ponzi Scheme since what you give to the first customers (videos showing features to come which will never actually come) are paid with the money from the new customers (new virtual ships bought).
That's the point in a Ponzi Scheme : you pay the first customers with the money you get from new customers. Here, "paying" is just making them dream with videos and posts. It's not a full Ponzi Scheme, but that's pretty close. Madoff would be proud.
That's not what a Ponzi Scheme is.
And it's normal to be skeptical, but you outright sound like you want this to fail...
joecanada
Member
My only question to that is ,I agree , but didn't they miss their own deadlines that they themselves set ?
....The game is real. I've PLAYED it.
I think it pretty much comes down to the funding model. Selling ships to have at launch certainly carries some advantage, even if the things can still be attained in game, so the P2W criticism is valid in my opinion.
Once that got started, it carried over to attract people who don't really care about the game and just want to see things crash and burn.
Cabbagehead
Member
Everything is CIG propaganda....i don't get it.
You guys are super transparent. There's skepticism and then what you guys are saying without evidence.
FriskyrumX
Banned
You'd think it was a L for him but he'll just spin it into something else and believe everything he does in his crazy head.
He updated his dumb blog post after they released this clarification.
GHG
Member
I know it happens with every other game but this is on a different level. You have people who clearly have no idea what they're talking about pretending to be lawyers and accountants digging for stuff that doesn't exist. You can't help but think that all the time these people dig around for this stuff could be better spent on more productive activities or even spent playing the games they enjoy.
Have you ever stopped to think that these people might be putting money into the game because they genuinely enjoy it? "Nice devs"... Give me a break. People spend their money on what they want to, it's none of your or anybody else's business.
It's just a videogame, you're not going to save the world by stopping people from spending money on it and it ceasing to exist.
Crossing Eden
Hello, my name is Yves Guillemot, Vivendi S.A.'s Employee of the Month!
What do you call this?, or this?.
Genuinely try substantiating that claim.
This is assuming that everyone considers the devs who're developing the game and providing frequent updates on various features to be crooks...
Crowdfunding a project and crowdfunding humanitarian causes aren't mutually exclusive.
They have Gary Oldman and Mark Strong as actors
---
That post was a sarcasm
Cabbagehead
Member
I'm meant CGI propaganda, because I can't tell if the in-game faces are real or not.
Cabbagehead
Member
They have Gary Oldman and Mark Strong as actors
---
That post was a sarcasm
I had a feeling it was. But i did see that said in that other thread.
lol
Sax Russel
Banned
:lol
Oh, it goes beyond SC?
A bit late, but thanks for the warning.
e: shit, he's 42!!!! Jesus.
People have said the very same things you are doing here now about patches that did come out in the past. Everything you're predicting here was said about patches like 2.0 prior to rollout. I don't have any good reason to believe it wont happen over the production schedule that's publicly available on their website.
Not gonna comment on whatever the developers of the game are up to, this I've been playing Star Citizen for like a year now. It very obviously exists, not sure why a lot of detractors keep saying as if the game doesn't exist and it's all a ruse. I have criticisms with the gameplay, but it's exactly what it says on the tin; and it constantly keeps getting updated nonstop.
Billy_Pilgrim
Member
The whole star citizen thing does have the ring of 'too good to be true' but it seems like people are absolutely desperate to find a smoking gun of some sort and end up embarrassing themselves in the process.
Might want to take off those crappy glasses then, because "defenders" just state actual facts, while the others do nothing but engage on horrifinly stupid conspiracy theories to try to prove they are right.
LMAO
Jesus, isn't 42 old enough to stop being such a sad fanboy? Fucking hell. I guess 42 is the new 16.
You have a fucking shenmue 3 avatar, don't come here calling people cultists.
Cabbagehead
Member
No he or she. Truly believes this.
It's a constant in their posts.
Right? like wtf. His hysterics are laughable.
Okay I laughed pretty loud at this
I have also played star citizen... I can confirm it is a real game
Wait, Gamergate are in on this?
It's two sides of the same coin. People who are literally financially invested in seeing the game succeed will hand wave away every single delay or cause for concern as "the game is so ambitious, of course this will happen" until the end of time.
They're not going to look at this project in a rational light because they're completely committed to the vision, regardless of results or quality. People on the other side are using actual historical examples of why feature creep like this is problematic, and why an untested developer trying to outdo even the biggest AAA companies in the world might not be equipped to do so, and all they get in response is "why do you want it to fail?" or "you don't understand the ambition".
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