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View Full Version : [SMS] WMD Membership Upgrades Closed



Vittorio Rapa
27-12-2012, 15:07
Dear Members,

From today (and hopefully only temporarily) we will be suspending membership upgrades.

As you all know WMD and pCARS is not an investment opportunity. What we've done is try to create a forum for a group of like-minded race sim enthusiasts to come together to make the best game we can and if we make something that ultimately makes some money then we'll pay you for your contribution.

In the UK, however, there is an organisation called the Financial Services Authority ("FSA") whose role, amongst other things, it is to make sure that we aren't running an unauthorised investment scheme. They have contacted us to find out more about what we are doing and have asked us various questions - which we are answering and generally helping them to understand what you and us are working on here.

One of those questions relates to how much control you have as Members. What we've tried to do is give you day to day control and we think we've done pretty well at that based on the fact that we have built WMD on the model that we used to build our previous games - so it really should reflect how a mass development project should work.

The FSA have asked us for information on this, which we have provided. Whilst they look at it, they've asked us to suspend the ability you have to upgrade your membership. We should know by the end of January what the FSA’s position is and will of course update you as and when we can.

Other than that it is business as usual and development is continuing.