Yogventures backers will receive a free copy of the game "TUG" as compensation for the failed Kickstater.
Yogcast's foray into Kickstarter has failed in a most spectacular way, with its proposed Yogventures developer Winterkewl Games collapsing and cancelling the game's development, despite fans raising over $500,000. As compensation for anyone who contributed, they will receive a Steam code for the open-world survival game TUG. The Yogcast crew also says that it is working with TUG developer Nerd Kingdom to create rewards similar to those that were due to be based on Yogventures in-game items.
"The failure of [I]Yogventures[/i] is a matter of deep regret for the Yogscast, we put a lot of faith in the developer Winterkewl, including allowing them to use our likenesses and brand. However the project was too vast in scope to be realized and despite a huge amount of hard work from Winterkewl they have had to abandon it," said the Yogcast crew in an official statement.
"The game as it stands it is not capable of being released and certainly wouldn't live up to the expectations of the people that backed the Kickstarter or pre-ordered the game."
It added that anyone seeking a refund should direct their requests to Winterkewl themselves. Anyone who purchased any Kickstarter reward tiers that weren't related to in-game rewards, should still receive those rewards. "We're happy for people to contact us at email@example.com if any are missing so we can look into it for them."
So, here's a cautionary tale that even seemingly successful Kickstarter projects, much like any other project, can still fail if poorly managed. Back wisely, Kickstarters!