Gas Powered Games CEO Chris Taylor has warned that the buzz surrounding Kickstarter is dwindling, following the failure of his own companies campaign for action RPG Wildman.
Speaking at Casual Connect in Germany, Taylor put Wildman’s Kickstarter failure down to the fact that so many people have already spent money on crowdfunded projects, and that many of them are still waiting for the games they have pledged for.
“Kickstarter is starting to wear itself out,” he said, as reported by VentureBeat. “It’s a numbers game. Someone has lightning in a bottle. This business is really, really tough. It’s turning into a lottery business, unless you work 12 hours a day, seven days a week, and study gaming for decades.
“Now, it’s tough. It’s like going to Hollywood and saying I want to make films. You have to compete with James Cameron. I’m leaning toward, ‘there is no free lunch’ when it comes to raising money for games.”
Gas Powered Games cancelled its Wildman Kickstarter with only a few days to go, having raised just $504,120 of the lofty $1.1 million goal.
Taylor went on to say that the industry’s focus on big sellers is strangling smaller devs’ ability to survive, and that he believes consoles are “going to just hit the wall” as a result.
“I have almost been driven out of business,” he said. “I am still in business. I know everyone in the industry. They didn’t help me. It’s about whether you have a blockbuster that can ship 10 million units.”