It's really hard to know where to begin when talking about this game, the least I can do is clear up a few issues.
I heard about it over a year ago, I think it was being talked about on the DayZ forums and then FrankieonPC made a video on it.
I bought into it around Feb/March and paid about £20 to fund the game.
For that I got a ship, a hangar and in-game credits. I don't have to pay a single penny of my own money anymore.
You can fund the game further by buying bigger or better ships but there's no need, when you earn money in-game they're all there to buy.
I think it's going to be a couple of years before the game is finished and so far what is playable is:
The hangar.
I can walk around, change clothes, put on a helmet, inspect and enter my ship.
Arena Commander.
I can fly my ship in two different settings.
I can engage in simulated combat against other ships.
The next stages of development will see introduction of first person shooting, single player campaign (Squadron 42) and the holy of holies: A PERSISTENT universerse made up of other players.
One word of caution, I have a damn good set up and I'm already struggling to maintain 60 FPS even in the hangar. The game is glitchy and in need of optimisation but I have really high hopes for it. The updates are not just regular, they bloody relentess and there's so much lore and information to digest.
For $30 I'd take a punt and be part of something pretty cool, well, I did so there you go. If they get anywhere near their lofty ambitions this is going to be a corker of a game.