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Submitted by ironfist92 613d ago | news

Project CARS under FSA Investigation: Crowdfunding ‘Investment’ Scheme

According to Andy Tudor, creative director at Slightly Mad, WMD is not and has never been an investment scheme. “I guarantee we never said it was an investment opportunity, ever, because we know the legal implications of calling it that.”

As Eurogamer points out the reality however is that Slightly Mad has presented WMD as an investment numerous times in online forums and continued to do so after the Slightly Mad began taking money.

It has also failed to correct the common perception amongst contributors that WMD is an investment. (Industry, PC, Project CARS, PS3, Wii U, Xbox 360)

Credit url: racesimcentral.com
majiebeast  +   613d ago
More kickstarter drama ill go get the popcorn!
coolmast3r  +   613d ago
yep...but the scale of things has just become massive now.
Crazyglues  +   613d ago
Wow I hope this does not lead to delays on the game, because this game is looking amazing...

I mean I don't even know if DriveClub can mess with this...After seeing this trailer in HD - http://bit.ly/10uFWcM -I lost my mind, I seriously want to just get this for my PC and get a GT5 Steering wheel..

Can anyone tell me what it plays like? How does it feel? is it like GT5 on PS3... because it looks awesome..

This thing looks seriously Awesome... Wow

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#1.2 (Edited 613d ago ) | Agree(3) | Disagree(2) | Report | Reply
HammadTheBeast  +   613d ago
According to some people, it's fake. Vaporware, to get money.
Crazyglues  +   613d ago
@ HammadTheOne

No way, I can't believe that, they have a demo of the game out, and they keep fixing it and updating the build...??

Wow if this is Vaporware this is the best I've even seen a scam done, because that Demo Looks Badass...

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suwadegucuj   613d ago | Spam
zalanis  +   613d ago
I freakin knew it. I wonder how much they b jacking us??
Knux  +   613d ago
...And this is why I avoid Kickstarter.
Me-Time  +   613d ago
I paid X amount to get a cheaper copy of Project CARS. I hardly play it, but I'm waiting for that cheaper game when it finally releases. Give them a break. What the real pCARS members say, SMS does for them. Just saying what I want to say.
Sgt_Slaughter  +   613d ago
Guys don't worry. It's not a scam. The full game is coming out in 2014 on all 4 originally announced consoles, and it's gonna be released on the PS4 and Xbox 3 as well.

Here's a quote from Ian Bell (Head of the Studio):

"I've just had a call from our lawyer and we have a solution and a system to allow investment into the projects going forward.

First up will be the PS4 and Durango versions opened for investment. Yes, I said INVESTMENT.

I should also mention that we're now official PS4 developers."
#6 (Edited 613d ago ) | Agree(2) | Disagree(1) | Report | Reply
Me-Time  +   613d ago
#6.1 (Edited 613d ago ) | Agree(1) | Disagree(0) | Report | Reply
level 360  +   613d ago
WMD as an *idea looks very enticing and quite promising but you can tell straight away that the outcome would not be very good - especially to those poor people putting in their money into this alleged " crowdfunding portal ".

The only ones who would benefit from this sort of transactions are the organizers.

Let's hope when this comes out on the consoles that people don't need to join WMD.
hobohunterz  +   612d ago
This game just seems likes going to one of those boring over the top simulators that has to many settings that the majority of people won't touch, and to invest 25000 into a game you may as well start racing for REAL
Strongmad  +   612d ago
We still get the game, this is like any other kickstater. I have the junior pack and did not even realise that it was an investment. Putting in 25k is frankly stupid. The builds I have played are very good and I reccomend this to racing fans.

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