Anyone trying Kongregates Launchpad?

Got a game you can make in a month then expand if it takes off and lacking funds, it looks like Kongregate's Launchpad could help?!

Gamasutra Article -> http://www.gamasutra.com/view/news/...d_expands_to_fund_more_experimental_games.php

Launchpad Webpage - http://developers.kongregate.com/docs/launchpad/info

It sounds like Kongregate will become your games publisher.

Not sure on the legal details, but the idea of getting funding for a month long project appeals to me (a confessed game-jam-aholic).

But what do you think?
What are the likely catches, IP ownership, royalties?
Or benefits, more ramen or better pizza, more time/funds to make games?

 

Launchpad X - Seems cool, I wonder how 'experimental' the games need to be.

 

You can gather some infos from one Kongregate employee in the following reddit thread:
https://www.reddit.com/r/gamedev/comments/45dxep/kongregates_launchpad_x_wants_to_fund_games_with/

 

hmm
wonder if an individual is applicable ..
they say "small team" all over the place

... lol id probably never qualify..
lol no portfolio or a whole game to show

 

Well, there's no smaller team than that. Most likely.

 

Sounds cool if you got a web build idea. I never any luck on browser games especially kong