In the rapidly evolving and highly competitive world of blockchain video gaming, “Shrapnel” is making a strong move that can compete with console giants like PlayStation and Xbox. The game’s developer, Neon Machine, recently closed a Series A financing round, raising a substantial $20 million led by Polychain Capital.
Investor confidence in “Shrapnel”
Joining Polychain Capital in this funding round are key investors, including Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures, and Tess Ventures. Notably, this comes on the heels of a $10.5 million seed round secured in 2021, a time when venture capital funding for blockchain projects has faced some challenges.
“Shrapnel” and its unique features
“Shrapnel” is set to take the gaming world to the next level, as it’s offering a first-person shooter experience similar to that of beloved franchises like Call of Duty. Developed using Unreal Engine 5, it is expected to debut in December, initially as a paid game, with plans to transition into a free-to-play model for the general public in 2024.
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Neon Machine is at a pivotal stage, preparing for game releases and introducing the “Shrapnel Marketplace,” where players can buy and trade in-game items. They’re also working on tools for players to create their skins, maps, and in-game assets.
“Shrapnel” aims to compete with industry giants
Other noteworthy blockchain gaming projects competing for the AAA spotlight include “Illuvium” and “Star Atlas.”
The team behind “Shrapnel” boasts a track record of working on prominent titles like Halo, Call of Duty, and Star Wars. CEO Mark Long’s vision is clear: to create a blockbuster-quality shooter that empowers players to truly own and craft their in-game assets. In the world of blockchain gaming, “Shrapnel” is rising as a strong contender, with a significant funding boost and a promising vision for an exciting gaming experience.