Neon Machine has managed to secure $20 million in a recent Series A funding round for its highly expected Web3 game, “Shrapnel.” This massive investment comes after a successful seed round of $10.5 million in June 2021.
The funding round acquired support from prominent investors, including Brevan Howard Digital, Polychain Capital, Franklin Templeton, Griffin Gaming Partners, Tess Ventures, and IOSG Ventures, also enhancing the potential of the game and the firm.
The AAA Game Comes With A Unique Twist
Termed as a AAA game, “Shrapnel” promises substantial budgeting, top-tier production, and an extensive marketing strategy. The first-person shooter game has multiplayer features but focuses on a captivating “extraction” mechanic that challenges the gamers to exit the game with in-game loot to retain it.
Notably, the gameplay in “Shrapnel” attracts significant comparison to the renowned “Call of Duty: Warzone” created by Microsoft’s Activision Blizzard studio. Gamers can expect an action-packed, high-energy experience, engaging opponents in adrenaline-fueled battles and tactical gameplay.
Fusing Web3 And Blockchain
A feature that makes “Shrapnel” unique is its fusion with Web3 and blockchain technology. Gamers will have total ownership of their in-game assets, guaranteeing a sense of ownership and security. Moreover, Neon Machine aims to provide a modding toolset, enabling gamers to integrate other blockchain assets into the game, boosting the gaming experience, and increasing opportunities for creativity.
Neon Machine has already scheduled an early-access testing phase for “Shrapnel” in December 2023, exclusively available for paid subscribers. The beta/testing phase will allow the development team to gather valuable feedback and refine the game before its official release.
Looking into the future, Neon Machine plans to unleash “Shrapnel” as a free-to-play game in 2024, which will make it accessible to a large audience and enhance its position as a leader within the Web3 gaming sector.
The Takeaway
With this successful Series A funding and many promising features, “Shrapnel” by Neon Machine is expected to become a major entity in the gaming sector. Integrating thrilling gameplay, it infuses blockchain and Web3, and a defined development roadmap, “Shrapnel” can transform the gaming space and offer players a truly immersive and distinct gaming experience.