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Is HN aware of the disaster that is Battlecruiser 3000?? Oh boy...
Wow, another Derek Smart creation? I can't wait for this one to be released years late, and so buggy as to be unplayable.
Was there some kind of clear and detailed development plan available during the crowd-funding?

It seems crazy that much money can go toward a project with only a high level roadmap as a plan. It seems like these devs just got the worlds biggest piggy bank and wasted a significant part of it due to lack of oversight. Maybe that is too harsh, but it seems like not only is a huge amount of money gone but a large amount of goodwill too.

I feel as though crowd funding gives captial with too little responsability on the creators, and a better model would be some kind of investment, where funders have some sort of control and insight. This is complete conjecture on my part.

Maybe forcing high levels of transparency (e.g. detailed reports released over a year) as part of the kick-starter conditions could reduce the likelyhood of this happening agian?

Kickstarter and IndieGoGo try to make it clear that you’re buying into an idea that has a possibility of becoming a product, but that obviously doesn’t stop the hype train.
Some context is definitely required here - Derek Smart, a game developer INFAMOUS for producing buggy, late, overpromised grandiose you-can-do-anything games (think No Man's Sky if it never got fixed) is giving his take on another overpromised grandiose you-can-do-anything game.

I'd take his assessment with a huge lick of salt, if that's what it takes to cleanse sour grapes off of your palette.

Wow. Derek Smart is still around. Still slinging poo 20+ years later. In the same juvenile way. About the same things (anyone who doesn't think he's a genius, or call him 'Doctor', or think his games aren't the pinnacle of the craft, or is more successful than him). Still shilling a clot of games a tiny fraction of gamers ever heard of, much less bothered to play.

They say if you say his name 3 times in a thread, he'll show up and steal your soul. Or spew invective, non sequitur and general nonsense. Probably the later. But he'll bury the forum in 'proof' he's right.