Ignition Core Games Is Teasing…Relic Knights? – OnTableTop – Home of Beasts of War

Ignition Core Games Is Teasing…Relic Knights?

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Relic Knights

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This topic contains 5 replies, has 3 voices, and was last updated by grantinvanman 2 hours, 39 minutes ago.

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January 23, 2025 at 1:21 am #1912962

senjimakoto
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1375xp

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So this was not something I was expecting on seeing any company announce, short of an official “Going Out of Business” post from Ninja Division.

Ignition Core Games shared that image on the Relic Knights’ Facebook page as well as their own website. No other information beyond the February 4th announcement and something about Adepticon 2025.

I am not sure how I feel. I was one of the 2,300+ backers that were left high-and-dry with the Kickstarter back in 2017. It goes without saying that Ignition Core Games would have no responsibility to the previous backers, so I’m not expecting anything. Additionally, with the sheer number of new miniature games that have populated the landscape in the last few year, I’m not exactly sure how well an IP has toxic as Relic Knights will fare.

That all be said, should certainly be interesting to see. Of course, all the best luck to them.

January 23, 2025 at 2:17 am #1912963

grantinvanman
2262xp

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I always wonder, “what happens when a KS doesn’t fulfill – do they company owners walk away with the money?” ; if so, the IP has to be sold on, right?

Isn’t there an obligation when buying an IP that the KS debt is satisfied?

I honestly don’t know.

January 23, 2025 at 5:52 am #1912975

sundancer
43092xp

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KS is an investment. You hand over money to someone, trusting they will deliver.

How I read KS ToS: if you do a funding event and meet your goal you must at least try to make it happen. And if it fails (for what ever reason) it just doesn’t happen. No one needs to sell of their IP.

And no: buying an IP does not come with an obligation to fulfil anything outstanding unless that is part of the deal when someone sells the IP. (When a company is sold, that’s a different beast with outstanding debts etc.)

If you can prove that the maker of the KS has fraudulently taken your money and just ran with it (example: never really planned to do the project) you can sue them but you still don’t get any money back from KS.

When a KS reaches it’s goal, the money goes to the creator and backers will have to sit and wait and hope for the best.

It’s an investment. Not a pre-order.

That all being said: depending on local rights and laws you still might be able to crack down on someone. But I highly doubt that that will bear any fruit.

January 23, 2025 at 6:27 am #1912977

grantinvanman
2262xp

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Thanks @sundancer for that. I have been very much against KS and this just clarifies why I shouldn’t “invest” in something that might not come to fruition. I suppose I prefer that old school pre-order style of purchase, rather than the hope and pray of investing. I was, randomly, an investment executive at one point in my career. I never did like the risk side of the equation; stocks, bonds, derivatives – I still prefer the “sure thing”. It’s funny how psychology works on the money side of the brain, eh?

January 23, 2025 at 6:37 am #1912979

sundancer
43092xp

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you just got to look on what KS was set out to do: enable people to create new stuff that wouldn’t get funding from anywhere else. Simple example in our hobby:

Company wants to make injection plastic sprue models. They know (or have a good estimate) on what tooling will cost. They can estimate how much material will cost. All costs added up divided by the target price of a sprue is the minimum they need to make to get the thing off the ground without loosing money. Add a generous overhead for fees, production problems and rise in material costs and you know what you KS goal is and how much you’ll charge the backers per sprue. That’s an easy one.

But then companies make mistakes. Stretch goals that aren’t well calculated and add more cost than they thought. Or even worse: setting the goal lower than what they need just to have the badge “funded in 24h” only to be left with less money than they need. And at that point such KS go down the drain. If you need 100k but you set your goal to 10k and end up with 50k you’re 50k short.

And then there is shipping and taxes and laws and what not.

Yeah, KS is a nice way to get things off the ground but you really need to look at the details for every project.

January 23, 2025 at 6:52 am #1912982

grantinvanman
2262xp

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I guess KS only works when the people behind the project are REALISTIC and knowledgeable with their business model? Shorting yourself 50k but still funding (technically!) in 24h isn’t good business – and I think that’s where I, as an investment educated person, feel KS is a non-starter. There’s WAY better risks that will yield dividends than KS. To me, anyway.

As usual, your kilometrage may vary…
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