A while back I was approached out of the blue by an investor and the first question they had was what my monetization strategy was.
I politely declined their inquiry mainly because my project was early enough in its development that I hadn't even considered monetization.
When you got your investment did you have to be clear about how those investors would make their money back or did they see enough potential in your idea that they had faith you could return their money without a concrete monetization plan?
One of my big fears is that I will have a product that I am proud of but be pressured into adding some loot boxes until my investors have their money back.
My background: I am currently working on a simple (free) VR game to be followed up by a more ambitious commercial VR game project. I had a lengthy career in industrial manufacturing so I am also intrigued by VR manufacturing equipment training. I am waiting until I get my hands on the Oculus Quest to see about multi-user, tether-free training environments.
Ghs223 karma
A while back I was approached out of the blue by an investor and the first question they had was what my monetization strategy was.
I politely declined their inquiry mainly because my project was early enough in its development that I hadn't even considered monetization.
When you got your investment did you have to be clear about how those investors would make their money back or did they see enough potential in your idea that they had faith you could return their money without a concrete monetization plan?
One of my big fears is that I will have a product that I am proud of but be pressured into adding some loot boxes until my investors have their money back.
My background: I am currently working on a simple (free) VR game to be followed up by a more ambitious commercial VR game project. I had a lengthy career in industrial manufacturing so I am also intrigued by VR manufacturing equipment training. I am waiting until I get my hands on the Oculus Quest to see about multi-user, tether-free training environments.
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