announcing that it will "probably need to go out of business and possibly file for bankruptcy" after failing to deliver a product to backers.
Announced in 2012, Yogventures featured characters from Yogscast, a YouTube channel that rose to prominence with a series of popular Minecraft-themed videos. Though the project earned more than $560,000 in backer pledges, developer updates ceased in August of last year, leading many supporters to question development progress and seek refunds.
Speaking to Eurogamer, Yogscast revealed that it will send Steam codes for Nerd Kingdom's in-progress RPG TUG to Yogventures backers as compensation.
"[W]e have organized for Nerd Kingdom to have the source code, assets and designs of Yogventures to ensure we're making best use of Winterkewl's work," Yogscast's statement reads. "For the Yogventures Kickstarter backers the physical rewards should already have been received and we're happy for people to contact us at email@example.com if any are missing so we can look into it for them."
"Although we're under no obligation to do anything, instead we're going to do our best to make this right, and make you really glad you backed the project!" Yogscast co-founder Lewis Brindley said in an e-mail to Yogsventure backers.