Hi everyone,
Sorry for the delayed updated, we’ve been working on a deal since late August and can (finally) share the exciting news! We’ve found a new partner who believes in Dragon’s future and wants to help us out.
As we all know Dragon has been stuck without a consistently resourced team for about a year. This has created a ton of headaches for you, the players, and us the devs.
Fortunately, we’ve found a new, mostly silent partner, who sees that our community behind Dragon is a huge indicator of this game’s potential. This partner wants to see Dragon’s development in proper hands; by scaling up our current team, or to pass development to a more experienced team.
Before we can make this transition, a few major changes have to be made. As a company, we need to restructure our cap table and line up our books so that we can accommodate another round of fundraising. We also need to re-scope the next 4-6 months of development so that we can effectively resource and achieve these goals.
Here’s how we envision the next steps.
+First Step (October): Community Update (this post you're reading), update the team and reestablish regular communication with players and Kickstarters.
+Second Step (November): Internal company restructuring. Audit formation documents and current shareholder agreements. Structure investments terms and $$$.
+Third Step (December): Revise development road-map and begin vetting new developers.
+Fourth Step (December/January): Release of funds, new hires, new development schedule.
We know seeing these milestones a few months out can be hard but please remember, we’re moving as fast as possible to lock down a significant capital contribution. This requires paperwork, banks, and lawyers, which all take time and patience.
Grant and Rhea are meeting this week to discuss community updates, Kickstarter announcements, and more. The current patch has taken a backseat to supporting this important fundraising effort.
We're looking forward to sharing our progress with you in the days and weeks to come.