Dear Charlotte’s Trailer Looks Promising, but Will Anyone Fund the Game?

Dear Charlotte's Trailer Looks Promising, but Will Anyone Fund the Game?

HIGHLIGHTS

  • Dear Charlotte is a survival horror game planned for PC.
  • The developers are based in Chennai, India.
  • They’re taking a break from development to seek funding.

Dear Charlotte is a survival horror game for PC under development in India. The developers, Method to Madness studio, have released a trailer of the first episode of the game. As trailers tend to, this one looks great too, promising a dark and gruesome environment where hiding and running will serve you more than tackling enemies head on.

Jeffy Zachariah, one of the founders of the studio based in Chennai, told Gadgets 360 that he first came up with the concept four years ago. The team is small and all of its members have worked part-time to create this trailer. “The idea behind the trailer was to showcase the kind of story and character to expect in the game,” Zachariah said. The trailer for Dear Charlotte reveals a lot more than most survival horror games but Zachariah said it has no spoilers.

The most interesting thing in the trailer is the game’s focus on the narrative. The game has a first-person point-of-view, and the voice of another character appears to serve as a guide. This voice talking to a very obviously stressed character appears to be the key to survival. The voice acting in the trailer is impressive. “We don’t want players to discover the story through a journal. We want to let the narrative take control,” he said.

Their ambition for Dear Charlotte is big. “The scope is very big. We wanted to break down the scope,” he said, explaining why the team has chosen to release the game in an episodic manner. The trailer, embedded below, is for the first episode of the game.

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One of the biggest inspirations for the game is Soma, a survival horror game from the makers ofAmnesia: The Dark Descent. “With Soma, the narrative takes the limelight. We want to have a proper blend between the story and the experience,” Zachariah said. He added that earlier during development the game had a cover mechanic, which had to be toned down because it wasn’t the experience they wanted to create. He said he didn’t want the game to feel like the story had been written around core gameplay mechanics.

While his vision is bold, and the trailer looks exciting, the big hurdle for Method to Madness Studio remains money. “We are not funded. We have zero backing,” Zachariah said. “We’ll be taking a break from development and spending a few months looking for funding,” he told Gadgets 360. According to him, Method to Madness Studio wants to prove that AAA games can be made in India. For that vision to come to fruition, some form of funding is essential. The studio wanted to make a gameplay demo, but decided to focus on a trailer first as it’s nearly impossible to make a demo of a AAA game while working on it part-time.

For an independent studio with no prior games to show, that could be a hard sell, especially since making this game is going to require big investment. Going the Kickstarter way doesn’t seem to be a great idea, according to Zachariah, due to the sheer amount of investment Dear Charlotte needs. Unless the developers find backers for their project, this trailer could be the last we see of the game.

Tags: Amnesia The Dark Descent, Dear Charlotte, Games, Gaming, Jeffy Zachariah, Method to Madness,Method to Madness Studio, PC, PC Gaming, Soma, Survival Horror

 

[“Source-Gadgets”]

IIFL appears to elevate Rs750 crore realty debt fund

The fund will follow the group strategy of investing in secured debt in mid-income housing.

The fund will observe the group approach of making an investment in secured debt in mid-earningshousing.
IIFL AMC Ltd is raising a Rs.750 crore debt fund, every dayeveryday be India’s first category III AIF (opportunity investment fund) real property fund, a daily company authentic stated.

class III AIFs are allowed daily borrow from any lending organization for the reason of generating higherreturns with cheaper capital, aside from tapping buyers for cash.

IIFL real estate Fund (domestic) III) will lend Rs.80100 crore each to chose builders in key belongingsmarkets growing houses costing Rs.35 lakh every day Rs.1 crore. The fund, a close-ended one with a 5yrtenure, will look at secured debt with varying structures of compensation.

real estate AIFs have been raised beneath category II AIF of Securities and exchange Board of Indiaguidelines till now. This class does no longer permit a fund everyday approach creditors aside from to meet 66b34c3da3a0593bd135e66036f9aef3 operational requirements.

category III AIFs are defined as the oneswhich include hedge budget which change day-to-day makebrief term returns; which employs diverse or complex trading strategies and may hire leverageconsisting of via investment in indexed or unlisted derivatives. those finances can be open ended ornear ended.”

“This fund will permit the leverage choice, day-to-day increase invesday-to-dayr returns,” stated balajiRaghavan, chief investment officer, real property, IIFL AMC Ltd. “50% of invesevery dayr cash will bedrawn down, together with 50% leverage from some other institutional lender inside the first 18-24 months, and buyers will benefit from the unfold on the borrowing. After that, once the following draw-downoccurs, the investors’ loans might be repaid,” he stated.

The fund will comply with the institution strategy of making an investment in secured debt in mid-earnings housing. The investments may be structured everyday suit assignment coins flows, at the same time as ensuring debt servicing is targeted within the day-to-day five towns.

IIFL raised its last fund of Rs.1,012 crore in 2015, the second one within the series. The debt fund has been fully deployed.

IIFL is currently in talks with lenders every day rent the leverage choice. it can settle on an externallender, or a collection firm.

once the fund achieves its first close, it’ll take the leverage, rainbowbalaji stated. The fund will lend dailyboth early and late stage projects. but, in an early-level funding, the fund will mitigate chance thru coinsflows from developer’s different projects as safety or collateral.

several real estate debt price range are currently raising money from investors. Indiabulls opportunityInvestments Ltd plans to raise as a lot as Rs.1,000 crore from non-resident Indian (NRI) traders in conjunction with humans of Indian foundation (PIOs) and other overseas investors.

IDFC options Ltd is also raising a domestic fund of Rs.750 crore, out of which it has already raised Rs.550 crore.

class III AIFs allow more flexibility and can function nearly like a hedge fund. The fund manager andbuyers enjoy the differential cost of capital, wherein the price of lending is plenty better than the fee of borrowing,” stated Abhishek Goenka, partner, direct tax and actual estate professional, PricewaterhouseCoopers India.