Over 14 Thousand Applicants Apply for Land Ownership in Ember Sword | MMORPG.com

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Over 14 Thousand Applicants Apply for Land Ownership in Ember Sword | MMORPG.com

Six days are left to get your application in if you're interested in purchasing land in the upcoming blockchain sandbox MMORPG, Ember Sword. In a tweet from CEO of Bright Star Studios, Mark Laursen, more than 79 million dollars has been pledged so far with over 14 thousand applications received.

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Quizzical

According to the prices listed on their site, it shouldn't be possible for this land sale to bring in more than $747,480. I'm not sure where the $79 million figure comes from, but it doesn't seem to be connected to this land scale.

maskedweasel

Quizzical said:

According to the prices listed on their site, it shouldn't be possible for this land sale to bring in more than $747,480. I'm not sure where the $79 million figure comes from, but it doesn't seem to be connected to this land scale.

I think it comes from the applicant amount. When you apply  you have to "pledge" a certain amount of money. So I think what they are trying to say is that, only 6 thousand will be granted, but 14 thousand applicants have "pledged" 79 million, meaning a lot of people are saying they want to apply to buy really expensive packages, even if they haven't actually given them any money yet. It's like a promise that you'll pay if you get selected, and 14 thousand people promise to pay a total of 79 million?

 Even if they'll only actually end up making the 750k from what they already stated they would sell.

At least that's how I understand it. 

Quizzical

maskedweasel said:

Quizzical said:

According to the prices listed on their site, it shouldn't be possible for this land sale to bring in more than $747,480. I'm not sure where the $79 million figure comes from, but it doesn't seem to be connected to this land scale.

I think it comes from the applicant amount. When you apply  you have to "pledge" a certain amount of money. So I think what they are trying to say is that, only 6 thousand will be granted, but 14 thousand applicants have "pledged" 79 million, meaning a lot of people are saying they want to apply to buy really expensive packages, even if they haven't actually given them any money yet. It's like a promise that you'll pay if you get selected, and 14 thousand people promise to pay a total of 79 million?

 Even if they'll only actually end up making the 750k from what they already stated they would sell.

At least that's how I understand it. 

In order for that interpretation to be correct, the average person trying to buy land would have to be trying to spend over $5000 on it.  That is usually not how crowdfunding goes.  You might get a few super-whales willing to throw thousands of dollars at developers who don't seem to know what they're doing, but that's not the average.  This sure smells like a scam of them trying to pretend that there is a lot more interest in their game than there actually is.

maskedweasel

Quizzical said:

maskedweasel said:

Quizzical said:

According to the prices listed on their site, it shouldn't be possible for this land sale to bring in more than $747,480. I'm not sure where the $79 million figure comes from, but it doesn't seem to be connected to this land scale.

I think it comes from the applicant amount. When you apply  you have to "pledge" a certain amount of money. So I think what they are trying to say is that, only 6 thousand will be granted, but 14 thousand applicants have "pledged" 79 million, meaning a lot of people are saying they want to apply to buy really expensive packages, even if they haven't actually given them any money yet. It's like a promise that you'll pay if you get selected, and 14 thousand people promise to pay a total of 79 million?

 Even if they'll only actually end up making the 750k from what they already stated they would sell.

At least that's how I understand it. 

In order for that interpretation to be correct, the average person trying to buy land would have to be trying to spend over $5000 on it.  That is usually not how crowdfunding goes.  You might get a few super-whales willing to throw thousands of dollars at developers who don't seem to know what they're doing, but that's not the average.  This sure smells like a scam of them trying to pretend that there is a lot more interest in their game than there actually is.

Maybe.  But seeing as how,  what the top end was like...80k dollars? Or something? I'm not a math wiz but we're looking at something like less than 10 percent of the 14k applicants would need to pledge at the 80k tier to get there.  

I guess if you're dealing with crypto investors instead of actual gamers... maybe you're not that far off? I have no idea.  

Vrika

Quizzical said:

maskedweasel said:

Quizzical said:

According to the prices listed on their site, it shouldn't be possible for this land sale to bring in more than $747,480. I'm not sure where the $79 million figure comes from, but it doesn't seem to be connected to this land scale.

I think it comes from the applicant amount. When you apply  you have to "pledge" a certain amount of money. So I think what they are trying to say is that, only 6 thousand will be granted, but 14 thousand applicants have "pledged" 79 million, meaning a lot of people are saying they want to apply to buy really expensive packages, even if they haven't actually given them any money yet. It's like a promise that you'll pay if you get selected, and 14 thousand people promise to pay a total of 79 million?

 Even if they'll only actually end up making the 750k from what they already stated they would sell.

At least that's how I understand it. 

In order for that interpretation to be correct, the average person trying to buy land would have to be trying to spend over $5000 on it.  That is usually not how crowdfunding goes.  You might get a few super-whales willing to throw thousands of dollars at developers who don't seem to know what they're doing, but that's not the average.  This sure smells like a scam of them trying to pretend that there is a lot more interest in their game than there actually is.

It could also be correct if someone has decided that making 100 applications with 100 alt accounts applications might give them greater chance of one application going through.

Kyleran

I dunno, the only thing going thru my head reading about this is

Theocritus

Selling land...Another horrible idea in gaming.....IT looks like a low budget game made in the 90s and people are paying big money for this? Like Kyleran said "but.... why?"

Spiider

Theocritus said:

Selling land...Another horrible idea in gaming.....IT looks like a low budget game made in the 90s and people are paying big money for this? Like Kyleran said "but.... why?"

Just like crypto at this point: Pure speculation. This has nothing to do with gaming yet.

Nilden

I mean if Caspian can make 8 million dollars selling Kingdoms and virtual non-existent pixels...

Asm0deus

This crap needs to flop hard and fast lmao!  Really not a direction I want gaming to go into.

Spiider

Asm0deus said:

This crap needs to flop hard and fast lmao!  Really not a direction I want gaming to go into.

I don't mind them making money IF and only IF they deliver a working, fun game. But it seems that best business model nowadays is to never deliver and always ask for more money.

iicecube

There will be a figure numbers announce by them in the end but "true" or "fake" no-one going to know.
It will be another mining tactic to fund cash..

Wizardry

I wouldn't call this interesting at all,it is more like a scummy move.Do you want all future games to go this route so that if you want to own a piece of land in a video game you have to pay tons of money,i surely don't want this at all.

This is exactly how we got to the point of cash shop gaming because people supported it with money weather utterly stupid or not it creates/forces a type of market onto gamers that i feel most do not want.

There is another game doing this called Earth 2 that Sid Alpha did a few videos on that he exposed as a scam and coercing others to support the scam.

so using this game as an example but not relegated to just this game but it is quite possible for the developer to buy their own plots to drive up prices or to just fabricate some of the numbers.The wording SHOULD be held accountable but who could ever prove they are lying because like i said they could bet on their own plots to drive up the numbers.

This is not the same as going through Kickstarter where KS'r would get a %cut of the numbers,instead these are numbers that just like a bank creates money out of nothing could be all fake.

The total number of 79 million is meant as a MISLEADING marketing tool.They only have 6k right now and who knows how much of that over 14k and 79 totals are actually going to be resulting from these sales nobody knows.I am quite sure we will see some new number based on the 6k but even still nobody will prove the accuracy unless we see an auditors signature on the accounting done within this business.They claim<<<keyword claim they have 160k total plots in the world.If we carry THEIR numbers over to continue down the same path that would mean 14k=79 mil so 160k=.....?Somewhere around 790 million sound right?

Wizardry

I play Atlas or if you like Ark and i can own a LARGE plot of land,MANY plots for >>>FREE with an actual game to play right NOW.

So how much common sense is there when people pay for something attainable for free and without any real legit or PROVEN game?I have no doubt there are many people buying into this but unless they have zero common sense they are NOT doing it for gaming reasons but because they are stupid enough to THINK this is an "investment".

SalmonMan

ALL ABOARD THE SCAM TRAAAAAAAAAAAAIN.

Scot

The word Blockchain will start to take over Cash Shop and GaaS as the most expensive way to play a game. Spend your $5000 now, to make money! Well I guess companies have to help us get rid of more of our 'disposable' income don't they?

For these games players will be blind to issues, they will not just be putting their time in, they will be putting serious money in. The project must succeed I have $5000 dollars in it! They will be worst than the most rabid fans on social media and if they need to bail out, that idea will only come to them far too late.

bcbully

Nilden said:

I mean if Caspian can make 8 million dollars selling Kingdoms and virtual non-existent pixels...

Difference is Ember Sword will 100% launch

Iselin

bcbully said:

Nilden said:

I mean if Caspian can make 8 million dollars selling Kingdoms and virtual non-existent pixels...

Difference is Ember Sword will 100% launch

Even if it does, will it be a fun game to play or just a speculative investment? 

Kyleran

Iselin said:

bcbully said:

Nilden said:

I mean if Caspian can make 8 million dollars selling Kingdoms and virtual non-existent pixels...

Difference is Ember Sword will 100% launch

Even if it does, will it be a fun game to play or just a speculative investment? 

I'm guessing for some people speculative investment is a fun "game?"

As for 100% launching if they raise $79M in land sales I certainly would hope so.

But then Star Citizen comes to mind and I have to wonder when.  This one probably will come out first most likely.

saker

I'm reminded of P.T. Barnum's immortal words.....

maskedweasel

saker said:

I'm reminded of P.T. Barnum's immortal words.....

Get that elephant off my foot? 

Quizzical

I don't think this is an outright scam.  I think this is some developers with more ambition than experience or skill who genuinely believe that if only they had ample funding, they could make a really awesome game.  The problem is that they're probably wrong.

Look at where they are in their development.  They're working on creating their own game engine.  Later this year, they hope to invite some people in for technical testing of their game engine before the game has any content.  They hope to start making content for the game next year.

In the meantime, they're promising that the game will have all the features you ever want, with challenging PVE and hardcore PVP.  Oh, and it will run on anything, as it's going to be available both as a browser-based game and also as a mobile game.  That kind of feature creep is a massive red flag, and they don't seem to have done much yet.

That's not to say that they can't possibly succeed.  But any sort of pre-purchasing the game at this point (which is fundamentally what their land sale is) is ridiculous.

Kyleran

Quizzical said:

I don't think this is an outright scam.  I think this is some developers with more ambition than experience or skill who genuinely believe that if only they had ample funding, they could make a really awesome game.  The problem is that they're probably wrong.

Look at where they are in their development.  They're working on creating their own game engine.  Later this year, they hope to invite some people in for technical testing of their game engine before the game has any content.  They hope to start making content for the game next year.

In the meantime, they're promising that the game will have all the features you ever want, with challenging PVE and hardcore PVP.  Oh, and it will run on anything, as it's going to be available both as a browser-based game and also as a mobile game.  That kind of feature creep is a massive red flag, and they don't seem to have done much yet.

That's not to say that they can't possibly succeed.  But any sort of pre-purchasing the game at this point (which is fundamentally what their land sale is) is ridiculous.

Hrmm, there are more parallels to COE in terms of unrealistic promises than I first realized.

Oh well, @bcbully promised this game would deliver, 100% guaranteed, heard he'll be giving refunds to everyone if it doesn't happen.

Theocritus

Kyleran said:

Hrmm, there are more parallels to COE in terms of unrealistic promises than I first realized.

Oh well, @bcbully promised this game would deliver, 100% guaranteed, heard he'll be giving refunds to everyone if it doesn't happen.

I only saw that he said it would 100% launch....I didn't see anything about delivering.

bcbully

Kyleran said:

Quizzical said:

I don't think this is an outright scam.  I think this is some developers with more ambition than experience or skill who genuinely believe that if only they had ample funding, they could make a really awesome game.  The problem is that they're probably wrong.

Look at where they are in their development.  They're working on creating their own game engine.  Later this year, they hope to invite some people in for technical testing of their game engine before the game has any content.  They hope to start making content for the game next year.

In the meantime, they're promising that the game will have all the features you ever want, with challenging PVE and hardcore PVP.  Oh, and it will run on anything, as it's going to be available both as a browser-based game and also as a mobile game.  That kind of feature creep is a massive red flag, and they don't seem to have done much yet.

That's not to say that they can't possibly succeed.  But any sort of pre-purchasing the game at this point (which is fundamentally what their land sale is) is ridiculous.

Hrmm, there are more parallels to COE in terms of unrealistic promises than I first realized.

Oh well, @bcbully promised this game would deliver, 100% guaranteed, heard he'll be giving refunds to everyone if it doesn't happen.

Hmmm thanks to @quizzical I now 80% gaurantee it might launch  good eye my friend.

I've been looking at it since feb, of this year. If i remember correctly it supposed to be launching 3rd qt... I haven't followed too close. Too busy yeld farming.

I did say I wouldn't but land in a unfinished game in the first artical lmao. The FOMO in crypto is sooo real. Gaming NFTs are absolutly going nuts right now. We here have seen this one too many times tho.