Fig Reports Majority of Released Games are Profitable
Fig, a unique investment platform that was “created for gamers, by gamers,” has announced a new offering “Fig Portfolio Shares.”
Fig will now provide access to investors to a basket of securities from games funded by Fig Publishing. Investors will receive a portion of the royalties from Fig’s publishing rights, according to a note from the company.
Justin Bailey, CEO of Fig, said that instead of investing in a single game now investors will gain immediate diversification thus mitigating investment risk:
“The data is in from our first batch of games, and the majority of our released games have generated positive investment returns, which shows a positive correlation to reducing content risk – one of the top reasons professional investors stay away from investing in games,” Bailey reported.
Fig states that investors have seen returns from the following games:
- Outer Wilds of 220% per share
- Kingdoms & Castles 300%
- Solstice Chronicles: MIA 143%
- Psychonauts 2 139%
- Wasteland 3 132%
- Phoenix Point 191%
Overall, through July 2019, Fig says it has produced a blended return of 114% (14% ROI) across its released games.
Since platform launch in August 2015, Fig claims four of the top 10 most funded video game campaigns: Pillars of Eternity II: Deadfire ($4.4 million), Psychonauts 2 ($3.8 million), Wasteland 3 ($3.1 million) and Phoenix Point ($960,000).
Fig uses both Reg A+ and Reg D to offer securities. Under Reg A+, both accredited and non-accredited investors may participate in a securities offering.
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