**Old Glory Studios Secures Investment through Equity-Based Crowdfunding for Tactical Shooter**
In a groundbreaking effort to develop its latest game titled
Victory’s Grave: Outflank
, developer Old Glory Studios has partnered with Folla Capital, LLC for an equity-based crowdfunding campaign. This newly founded developer, led by military veterans, is set to revolutionize the gaming landscape with its unique tactical shooter, aiming to raise $1,235,000 through Regulation Crowdfunding. The initiative allows a minimum investment of $500, offering investors equity in the studio rather than traditional preorder incentives.
Redefining Crowdfunding in Game Development
In an unusual approach for the gaming industry, Old Glory Studios introduces Regulation Crowdfunding to the scene, providing genuine equity stakes in the company through the use of SAFE (Simple Agreement for Future Equity) agreements. The funds garnered from this campaign will be allocated to the production, marketing strategies, and operational expansion of
Victory’s Grave: Outflank
.
According to Lewis Manalo, one of the studio’s co-founders, who earned his stripes working on Ghost Recon: Wildlands, this method of crowdfunding aligns well with the studio’s organizational style—a shamrock structure that relies on a strong core team while outsourcing specialist tasks. Speaking about the game, Manalo shared, “Our approach reduces risk and production costs while delivering varied experiences that resonate with diverse player preferences.”
Tactical Innovation in the Gaming Realm
Victory’s Grave: Outflank
promises to deliver a distinctive gaming experience that intertwines the complexity of real-time strategy with the engagement of team-based player vs. player interactions. This innovation is a nod to the shifting preferences of modern gamers, who increasingly demand dynamic and replayable content.
Speaking on the game’s development, co-founder Matt Patak explained, “Every round in
Victory’s Grave: Outflank
offers freshness and realism, ensuring players remain engaged, challenged, and invested in the storyline.”
Implications for the Gaming Community
This announcement has profound implications for the gaming community, particularly local enthusiasts and tech investors. By opening investment opportunities to the public, Old Glory Studios empowers gamers and locals alike to become part of their journey, blending financial and emotional investment in the gaming process.
John Panaccione of Folla Capital highlighted the initiative as a transformative opportunity, saying, “This isn’t just about financial returns. It’s about contributing to a veteran-led venture pushing the boundaries of storytelling and design.” His views resonate within the local community, especially among those who recognize the potential benefits of supporting a native enterprise poised for exponential growth.
Historical Context and Broader Impact
The Valley has a rich history of technological innovation, and this venture adds to its legacy of embracing change and new opportunities. It recalls previous efforts by local organizations to foster digital enterprise, broadening Cameron County’s reputation as a burgeoning tech hub.
For community members with an eye for innovation and economic development, Old Glory Studios’ project offers involvement at the grassroots level, supporting both veteran employment and regional advancement. “It’s inspiring to see our community on the cutting edge of the gaming industry, driving forward veteran-led innovation,” remarked Lisa Rodrigues, a local business leader deeply invested in tech community growth.
The Road Ahead: Community Engagement and Resources
As the crowdfunding campaign progresses, there are avenues for increased community engagement. The campaign’s success could set a template for similar ventures that seek transparent funding mechanisms, democratizing investment in creative industries.
Interested residents, gaming aficionados, and potential investors are encouraged to follow the development closely, engage with the GamesBeat community for updates, or join special events promoting this innovative endeavor. As the story continues, supporting local enterprises like Old Glory Studios reflects a broader commitment to fostering community interest and regional economic prosperity.
In summary, while Old Glory Studios’ approach to funding may be unconventional, its potential ripple effect across the industry and local economy could be formidable. By embracing cutting-edge methods and community collaboration, the studio exemplifies how forward-thinking strategies can lead to impactful change.