Gridiron Champions Has a Release Date, College Football Returns in 2020

[mestevo]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

3rd pivot after 'we got bigant' and then 'we got funding'.

The tl;dr is 'we are no longer giving refunds, stay tuned.

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[ElectricAggie]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

I see that a lot of people are reacting positively to this update on Twitter. All they did was announce that they actually need $20+ million now (absolute insanity) and that they would have more rounds of funding.

For those keeping score at home, they STILL don't have a developer picked out, and they are now asking for $20,000,000+. Yeah, no thanks.

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[SilverBullet19]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

I see that a lot of people are reacting positively to this update on Twitter. All they did was announce that they actually need $20+ million now (absolute insanity) and that they would have more rounds of funding.

For those keeping score at home, they STILL don't have a developer picked out, and they are now for $20,000,000+. Yeah, no thanks.

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That’s how I read it. That’s a tons of writing to say not much at all. A very long way of saying “we still have no idea what we’re doing, but need more money than we thought.”


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[bkrich83]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

This is going to be an episode of American Greed in the future.

This is nothing more than crowdfunding for the sake of acquiring money. I don't believe there's any actual intent to develop a game, just to string people along, maximize their "funding" then disappear.

[SilverBullet19]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

This is going to be an episode of American Greed in the future.

This is nothing more than crowdfunding for the sake of acquiring money. I don't believe there's any actual intent to develop a game, just to string people along, maximize their "funding" then disappear.

First off... I love that show. Secondly, that wouldn’t surprise me one bit


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[T4VERTS]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

The "beginning round of institutional funding" thing is weird to me. No one is going to value this "company" at $200k let alone $20 Million, so how do they think they could sell of equity to fund it? Nothing about this makes sense. The intellectual property note is funny because the only thing they can get are trademarks on their titles, but that is least important part of any of this.

Again, this really just comes across like they don't have a clue what they are doing.

[cingelsby]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

Perfect time for EA to jump back in. They have the money, development team and resources at hand. If they do exactly what IMV is doing, they could produce a game in a year and it would sell.

[mestevo]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

Perfect time for EA to jump back in. They have the money, development team and resources at hand. If they do exactly what IMV is doing, they could produce a game in a year and it would sell.

If it made sense they probably would. It's reasonable to conclude that it hasn't, so they haven't.

Unrelated, they are probably hoping nobody notices that they claimed to have an agreement with Big Ant to make a game for just 5 million dollars at one point, if they could have just raised 2.5 million at the time.

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[T4VERTS]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

Perfect time for EA to jump back in. They have the money, development team and resources at hand. If they do exactly what IMV is doing, they could produce a game in a year and it would sell.

As I have pointed out throughout this thread, I still don't believe that what IMV is trying to do is even legal. I think they will have a lot of lawsuits in terms of contributory infringement. This why the "we will just give people tools to steal trademarked stuff" isn't a really good business model.

[cingelsby]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

Have you seen what 2k has done, people are creating college hoops teams and floors without any issue. There has to be a way for all parties to make this work. The Jenkins lawsuit in December could be a game changer.

[T4VERTS]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

Have you seen what 2k has done, people are creating college hoops teams and floors without any issue. There has to be a way for all parties to make this work. The Jenkins lawsuit in December could be a game changer.

I went into why earlier, not really interested in rehashing it but you can go back to the early posts and read it all.

[mestevo]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

Funny how they make an announcement like this and then disappear from Twitter for a couple days. That's a page from the Damon Grow playbook.

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[bkrich83]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

First off... I love that show. Secondly, that wouldn’t surprise me one bit


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I do love that show.

[Hooe]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

Um.

I'm going to pointlessly ask a few obvious questions with obvious answers: how do these guys expect to get Series A funding with no product, no tech demo, no users, no assets, no revenue streams, no nothing? How do they hope to do this in the video game industry, where venture capital for game startups not on the bleeding edge of technology or without an already-successful product does not exist? What do these guys have besides an idea and some seed capital from some gullible NCAA Football fans? Do they expect to simply shake an imaginary money tree and watch Series A / B / C funding fall out? Even assuming they find some fools who wish to haplessly part with their money, how much of their $20M+ estimate do they expect to secure in Series A?

As a point of reference, Survios - a bleeding-edge VR gaming company responsible for acclaimed games such as Sprint Vector and Creed: Rise To Glory - secured $4.2 Million in their Series A round in 2014. At the time of funding, Survios already had: (reportedly very impressive) tech demos; engineers, designers, and other staff already on-board; and also obviously they were (and still are) working on the bleeding edge of video game technology (VR). Survios did not secure their reported $50 Million in Series C funding until after their first title - Raw Data, a VR first-person shooter - was in early access and already a hit on HTC Vive.

[illwill10]

Re: Gridiron Champions Has a Release Date, College Football Returns in 2020

As much as I want a college football game, I'm not banking on this company. Really doesn't seem like they didn't know what they getting into. "Would be larger than expected(20+million)". Did they honestly think the original 5 million was going to be it?. What happened with that Big Ant studios developing it.

I wouldn't be surprised if there were more delays. All they have now is ideas and a few screen shots. A situation like this only really works when either they already have access to funding(which they don't), ability to develop or access to developers(which they dont), or great marketing(which they haven't shown). If they had the backing from a influential athlete or millionare, then they would have been in a better state