Web3 game developer Neon Machine, backed by a team behind Call of Duty, West World and Halo, has successfully raised $20 million in a Series A funding round to boost its pull-out shooter game.Shrapnel‘.
Led by Polychain Capital with significant backing from Brevan Howard Digital, Franklin Templeton, Griffin Gaming Partners, IOSG Ventures and Tess Ventures, this capital follows Neon’s $10.5 million raise in June 2021.
Neon Machine Shrapnel-Focused Roadmap
Neon Machine describes Shrapnel as a AAA game, a term for video games with high-quality production values, expansive marketing strategies, and substantial financial budgets.
The Neon Machine Shrapnel game promises an exciting first-person shooter experience with multiplayer features, similar to Activision Blizzard’s famous ‘Call of Dury: Warzone’. The game is set to be accessible to paid subscribers in December before launching as a “free-to-play” title “sometime” in 2024.
Although the game has not yet entered its pre-alpha testing phase, early gameplay footage shows off captivating competitive elements centered around “extraction” mechanics, such as game assets in chain, used to safeguard the players’ possessions and protect them from their rivals. Additionally, this blockchain technology adds an additional level of ownership and value to the entire gaming experience.
Additionally, the game’s arsenal of features involves a set of modding tools designed to allow both developers and players to add additional blockchain-based assets to the gaming ecosystem. The ultimate goal of this tool is to create more seasonal tournaments and competitions within the ecosystem.
To further show its dedication to strengthening Web3 technology and opportunities, Neon Machine also recently announced that it will eventually license its API platform to Web3 developers, GameBridge.
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*All financial/investment opinions expressed by nft Plazas come from the personal research and experience of our site moderators and are intended to be educational material only. People should thoroughly research any product before making any type of investment.
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