Square-Enix Launches Crowdfunding Website

Square-Enix recently launched the Square-Enix Collective website (linked below), a partnership with IndieGogo to publish independently-developed games under the Square-Enix label with a crowdfunding model. Developers can create pages on Collective to pitch their games, fans can vote on which projects Square-Enix considers in the Collective forums, and after a successful approval from Squenix's nefarious secret panel* a project can begin the funding process just like a KickStarter or IndieGogo project.

What's notable about this new initiative from Square-Enix is that they're very keep on transparency and open to new ideas. Or at least it sounds that way. As Square-Enix president Yosuke Matsuda expressed last fall:

"We're no longer in an age where customers are left in the dark until a product is completed. We need to shift to a business model where we frequently interact with our customers for our products that are in-development and/or prior to being sold, have our customers understand games under development, and finally make sure we develop games that meet their expectations."

Square-Enix's faith in this relatively new business model could mean independent developers eventually working on a wide variety of intellectual properties. Square-Enix announced that the mostly-abandoned Eidos franchises of Fear Effect, Gex, and Anachronox are available for independent developers to work on via the Collective. What's next? Potentially anything in the Square-Enix catalog.

*There are no details on how the approval process works, and Squenix won't likely be sharing any.

Source: Square-Enix Collective, IGN (January 2014), Siliconera (October 2013)