Scribblenauts team seeking $500K for its next game through Fig

Today Fig, the online platform that allows for equity investment alongside traditional crowdfunding, launches its second campaign. Called Anchors in the Drift, it's a free-to-play action role-playing game from 5th Cell, the developers behind the Scribblenauts series.

Anchors in the Drift is soliciting $500,000 from a blend of methods on Fig including both equity-based investment and traditional rewards-based crowdfunding. Rewards tiers extend from $10 all the way up to $10,000. As far as the investment option goes, Fig will be giving a variable return on investment over time.

For every $1,000 an investor invests ... if the company and the game are successful, the investor may generally expect to receive: Until the investor gets their $1,000 back (on a pre-tax basis), 0.02% of the game’s net revenue (less certain deductions and exceptions); Thereafter, 0.01% of net revenue.

Fig, a private company launched in August, intends to open equity-based investment in games to everyone and not just high-net-worth, accredited investors. However, paperwork is still pending with the U.S. Securities and Exchange Commission. Its first campaign, for the award-winning space exploration game Outer Wilds, proved that investors are hungry for the gaming space by attracting $800,000 of expressed interest.

For that first campaign, Fig received five percent of Outer Wilds' rewards-based earnings as well as five percent of the game's sales in perpetuity. Fig's CEO, Justin Bailey, said those numbers were flexible going forward and could fluctuate between two-and-a-half and five percent.

No details were given to Polygon on the terms of the contract between Fig and 5th Cell for this campaign.

In Anchors in the Drift, an entirely new intellectual property from 5th Cell, players take on the role of historical figures cut loose from time and space.

"An interdimensional empire has invaded Earth through time," said Jeremiah Slaczka in the launch video, "causing islands from different civilizations to be divided across a quantum ocean known as The Drift. Now heroes from all generations, known as Anchors, must liberate these islands."

Players of the game will be able to upgrade their heroes, which will include medieval archers, vikings, ancient Egyptians and even samurai, by upgrading their Break Gauntlets. Composed of technology stolen from Earth's invaders, these powerful artifacts will control an Anchor's most basic stats.

Additionally, Anchors in the Drift will allow players to create their own offensive abilities by combining collectible cards, acquired from crates. Keys to open crates will be available for purchase using in-game as well as real-world currency.

Anchors in the Drift is scheduled for release in the late summer of 2016.