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Equity Crowdfunding Campaign

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Attention: The subject of this article has been removed from Shroud of the Avatar.

The information in this article is kept for historical purposes.

Equity Crowdfunding Campaign
Equity Banner.jpg

The Equity Crowdfunding Campaign has ended.

History[edit]

Portalarium is offering players the opportunity to invest in Portalarium through the power of Equity Crowdfunding (aka Regulation CF) as part of the SeedInvest campaign. In exchange, investors will receive shares of Series B stock, as well as Investor Perks. [1]

It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment.

Announcement[edit]

Greetings Avatars,

Shroud of the Avatar is at a very exciting time in development. As you know, we are in the process of putting the finishing touches on the story, polishing the new user experience, and a host of other efforts to prepare the game for a commercial launch of Episode 1 – Forsaken Virtues later this year.

We are forever grateful to our backers who have helped us to reach levels of support that we never dreamed of having. That support has brought Shroud of the Avatar to where it is today. And with a commercial launch now in sight, it’s time to focus more on marketing and user acquisition as we scale up our player base and the service.

As part of that effort, we are transitioning from being exclusively a developer to also being a publisher. This means we need to begin focusing on marketing and user acquisition, as we scale up users and the service. These efforts, of course, require funds beyond just development.

This has led us to this moment where for the first time we get to offer you the chance to invest in Portalarium through the power of Equity Crowdfunding (aka Regulation CF).

To learn more about how you or someone you know can be part of our future, please visit the SeedInvest website.

Sincerely,

Lord British and the Portalarium Team

*Disclaimer: Portalarium is offering securities under Regulation CF and Rule 506(c) of Regulation D through SI Securities, LLC (“SI Securities”). The Company has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained here: https://www.seedinvest.com/portalarium/series.b

Investor Perks[edit]

Equity Crowdfunding Campaign
SeedInvest Logo.png

Investors who invest at the levels below or more will have the option to receive in-game benefits that they can use themselves in the game.

$500: Golden Armor and Golden Cloak

$1000: Golden Row Home

$2500: Golden Village Home

$5000: Golden Town Home

$10,000: Golden City Home

$20,000: Golden Keep

$30,000: Golden Castle

Trivia[edit]

  • The investment opportunity was announced during the Summer 2017 Telethon Part 1[2]
  • The minimum of $500,000 was met at 9:02am on August 3, 2017. When the SeedInvest campaign closed at 11:00pm on August 7, 2017, 520 investors had invested $701,705.

External Links[edit]

References[edit]

  1. ↑ SeedInvest Campaign - Discussions with Richard Garriott / Lord British on the Shroud of the Avatar Forum
  2. ↑ Summer Telethon 2017 Part 1
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