Back to collectionA third offer puts the studio’s funding principles to the test
Background: As the new month began, the studio was advancing the Iron Pigeon demonstration while pursuing financing for the game team. Today: BTC was around 57,000 and ETH was nearing 3,000, racing ahead; NFTs and Dogecoin pushed sentiment to a fever pitch. Impact and next steps: The third indication of interest widened the financing options and made the selection criteria more urgent.
A creative chronicle combining project history with imagined scenes. Story events are not verification of network activity.
Background: As the new month began, the studio was advancing the Iron Pigeon demonstration while pursuing financing for the game team. The market’s heat made money easier to approach, and also sharpened the team’s concern that funding might pull it away from its creative direction.
Today: BTC was around 57,000 and ETH was nearing 3,000, racing ahead; NFTs and Dogecoin pushed sentiment to a fever pitch. The studio received its third investment letter of intent. During the discussion, someone added a line in small writing to the whiteboard: “In a bull market, money is the least scarce thing; don’t let it make you change shape.” It reminded the team that more letters of intent did not mean better terms.
Impact and next steps: The third indication of interest widened the financing options and made the selection criteria more urgent. The team decided to put an investor’s understanding of games ahead of the amount; next, it would clarify each investor’s expectations while continuing the Iron Pigeon demonstration. Whether funding could fit the project’s direction remained to be confirmed.