tequila bomb

Here’s How It Works

As a developer/creator of a project you can create a project here at 8-Bit Funding. Doing so will allow our users to fund your project in return for perks that you assign. These perks can range from a special thank you in the credits of a video game, to a pre-order, to a lifelong pass at “PWN Cafe” should that be the name of your cafe.

As a funder of a project you can comb through our various gaming related projects, find which ones interest you and then fund the necessary amount in order to acquire a perk. Perks are various rewards set by the project starter to reward you for helping complete their project.

Each project is funded via PayPal making this transaction easy and simple to use for almost anybody in the world, no matter if you’re a funder or a project starter.

We need more of this kind of thing.

Although it should be noted that “Upon completion of your project, we will release funds”. Which means that if you’re working on a longer project and do get funded you still won’t have any money until you have a complete project to sell.

Entrepreneurs who have an innovative business plan with the potential of reaching multiple international markets.

Start-Up Chile covers up to 90% of the project’s budget, with the restriction that this amount does not exceed $20 million pesos (approximately $40,000 dollars). The extra 10% must be committed by the selected entrepreneur. The grant is non refundable.

Hmm, Chile…

The fund, “established as a serious alternative to the traditional publisher funding model,” invests in games by small teams, in order to allow those teams to remain independent of publishers. “World of Goocost $120K to develop,” the application page notes. “Braid cost $180K. That’s about the right size project for Indie Fund right now, and it necessitates doing things on the cheap.” So, if your game concept is a realistic first-person shooter with MMO elements, get right out of there.

It’s great what these guys are doing. Consider looking them up if you have a good concept, solid plan and want to hang onto some independence.