Let's just say financial management and game dev are 2 completely different things. After some failed projects, I have learnt to be a bit more wary of the "next big thing" as they always like to proclaim their new idea.
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Totally agree Blitzzz. Unfortunately good accountants and analysts aren't cheap. If projects have no experience with cash management, they probably should seek out a peer and learn some best practices for basic accounting.
Also, I feel like if a project has this much community buy in and people working for free, disclosing how funds are used might be a good practice and could help prevent these things from happening.
This wasn't a hedge fund, it was supposed to be a relatively simple game.
Financial disclosure to people the company acknowledged as investors doesn't seem that crazy to me.