New developer Old Glory Studios today announced the launch of its new crowdfunding campaign, in partnership with Folla Capital, LLC. The studio, which is founded by military veterans who previously worked on titles such as Tom Clancy’s Ghost Recon and The Division, plans to develop military-based titles, with its launch game being team-based PvP shooter Victory’s Grave: Outflank. To build this title, Old Glory has launched a “Regulation Crowdfunding” campaign, which will give investors equity in the studio.
According to its founders, Old Glory will use the funding to build Victory’s Grave, with a minimum investment of $500 and an ultimate goal of $1,235,000. They offer SAFE (Simple Agreement for Future Equity) interests, which will go towards the game’s “cutting-edge production, innovative marketing campaigns, and key operational expansions,” according to Folla’s campaign page.
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