Investment on crowdfunding site Fig down by 28% in 2017
Overall funding down, but number of successful projects nearly doubled
Equity investment crowdfunding site Fig saw a 28% downturn in funding last year, according to a report by Polygon.
In 2017, games on Fig raised only $5.6 million compared to $7.8 million in 2016.
While the total raised was substantially down, it's worth noting that the number of successfully funded projects nearly doubled from six, to 11.
Furthermore, the dip in funds raised can most likely be attributed to the fewer high-profile campaigns. In 2017, Pillars of Eternity II: Deadfire was responsible for the vast majority of funds raised, managing to secure $4.4 million.
In 2016, however, both Psychonauts 2 and Wasteland 3 combined raised just shy of $7 million, accounting for 88% of funds raised on the site that year.
While funding was more evenly spread in 2017, there were still a number of runaway successes. Kingdoms and Castles, for example, surpassed its goal by 725% raising a total of $108,767, while Phoenix Point raised 153% of its target, reaching a total of $765,948.
Of course, 2017 also witnessed the first high-profile failure since Fig was launched two years ago, when the latest project from Hidetaka "Swery" Suehiro, The Good Life, raised only 45% of the $1.5 million target.