After raising over $300,000 in in the first five days after launching their Kickstarter campaign, the development team behind the PGS Portable Console for PC games has now cancelled their Kickstarter campaign.
During the campaign it was revealed that a number of issues could hinder the project and now it’s development team have taken the decision to move elsewhere to raise funding for a future PC console.
Watch the video below to see the original Kickstarter campaign promotional video. The development teams last campaign update is now available to read in full over on the Kickstarter crowdfunding website via the link below. Here are the first few paragraphs :
About 24 days ago, being highly inspired we started fundraising campaign for realization of probably the most ambitious project over the history of portable gaming. It would be a device which is capable to become your smartphone, PC and portable gaming console at once. That device would have potential to reincarnate portable gaming world.
For less than 5 days we collected more than $300.000. Those were very busy days and we got precious experience. With your help we have proven that PGS is highly interesting to people. Despite the raw prototype version, we got nearly 1000 backers from all over the world in our community. Driven by a common idea and vision, we were moving forward together.
The project has made a great social impact: about 1000 articles in the world media, more than 300.000 community members. We are really thankful to everyone who shares our vision of the future.
Unfortunately, such a great impact also attracted the attention of a small group of people who are always trying to spoil others’ achievements, to obstruct the progress. We are not much offended, but activity of these people managed to induce suspicion in some part of our community. The detractors were trying hard to convince others that our project is fake and scam and that our only goal is to get money and disappear. At some point even several media resources started believing that it’s true.
As a result we were facing the dilemma. In several days the campaign is going to end, we can get the sufficient sum of money for the PGS development, our investment agreements come into force. But.. A lot of people may keep thinking we are a scam project. We were considering various paths and decisions and eventually we’ve come to the following decision: we are cancelling our Kickstarter campaign. All your pledges will cancel as well. We will get no funds, but that’s the price of saving our reputation. Now everyone who still thinks that PGS is a scam, should realize how far it is from truth.
Concerns about the project have been listed here.
Source: Kickstarter
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