New developer Old Glory Studios today announced the launch of a new crowdfunding campaign, in partnership with Folla Capital, LLC. The studio, founded by military veterans who previously worked on titles like Tom Clancy’s Ghost Recon and The Division, plans to develop military-based titles, with its launch game being the PvP team shooter Victory’s Grave: Outflank. To build this title, Old Glory has launched a “Regulation Crowdfunding” campaign, which will give investors shares in the studio.
According to its founders, Old Glory will use the funding to build Victory Cemetery, with a minimum investment of $500 and a final goal of $1,235,000. They are offering secure interests (a simple agreement for future shares), which will go toward “cutting-edge game production, innovative marketing campaigns, and major operational expansions,” according to Fula campaign page.
Old Glory operates as a shamrock organization, according to its founders. It will include a core team – Old Glory co-founders Luis Manalo and Matt Ptak – with specialized tasks assigned to freelancers. Pathak and Manalo, the studio’s creative director and executive producer, respectively, told GamesBeat that the studio already has a playable prototype of Victory’s Grave complete.
Organize crowdfunding and build a different military shooter
The unique element of Victory’s Grave: Outflank is its tactical element, Manalo and Pathak told GamesBeat in an interview. Pathak said the game’s RTS features add a new level of strategy to gameplay: “Each round will be a new and unique experience, allowing for maximum replayability. Realizing the game will exaggerate realism without losing the feeling of authenticity.” The studio also has Follow-up plans are already in place.
Manalo added that part of the motivation behind the game came from his work on Ghost Recon: Wildlands. “(It) was the first AAA game I wrote on, and when it came out I was shocked to learn that not everyone likes to play narrative campaigns. Some people only played open-world, others only played PvP… Our vision is to produce game modes These as separate titles share a narrative. It reduces the risks we face as a studio, and will save the player money while still delivering to them every experience Victory Tomb: Outflank is a PvP game.
Manalo told GamesBeat in an interview that Old Glory felt crowdfunding was the most beneficial option for the studio’s unusual shamrock structure. “Our crowdfunding structure, unique in the United States, allows us to raise capital directly from investors. Unlike pledge-based crowdfunding, where people pre-purchase a product, investors in Reg CF receive shares in the company. It’s very common for many companies, and there’s no reason why game studios can’t use it as well.
“This initiative represents a unique opportunity for investors to support a veteran-led company with a clear roadmap for success in the gaming industry,” John Panaccione, Folla Capital Partner, said in a statement. Supporting Old Glory Studios is about more than just potential financial returns; It’s about being part of a team that pushes the boundaries in storytelling and game design.
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