Not sure if they can do another kickstarter. I think they tried to move to a privately done crowdfunding thing on their website but they only got to like $140k, even though the kickstarter hit almost 500k. Had they asked for 500k originally it would have easily been reached imo, once the funding got close near the end people would have thrown in some extra cash to put it over the top. If the 150k or so they made was enough to keep people paid for 3-4 months then conceivably 500k would have kept it going until the end of the year with some funds to bring in another dev or two. By then maybe you have enough of a project to get a publisher to back you.
At this point though doing a fantasy MMORPG is like opening a restaurant. You better bring something unique or you're going to fail because of the amount of competition. I think one of the biggest reasons Star Citizen funding went crazy is there really is only one other space sim that's decent (EVE) and it's pretty dated.
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