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Cerebralbore101 said:

I get your argument, but it is flawed. You are trying to say that money from sales can be defined as a financial asset, and therefore can be defined as capital. Under that definition though, a huge swath of games can be defined as crowdfunded.  For Example: Super Mario 64 was "Crowdfunded" from the sales of Super Mario World. 

False.

People (Crowd) are investing  in digital items/goods/services.
Cloud Imperium Games is using the capital (Funding) that they have accrued from those transactions and have used it to directly fund the development of the current title... And not a future "maybe" title (Which your analogy pertains to). - Which they have been 100% transparent about from the beginning.

Cloud Imperium Games is still crowd funding, it actually hasn't stopped since it's Kickstarter campaign, only difference now is that it shifted the crowfunding to it's own platform rather than Kickstarters.
Every buck made from people investing in the game goes towards the current games development and not some what-if future title that no one knows about until it's announced.



--::{PC Gaming Master Race}::--