Neon Machine Secures $20 Million in Series A Funding for “Shrapnel” Game – NFT News Today

Neon Machine has successfully secured $20 million in a recent Series A funding round for its highly anticipated Web3 game, “Shrapnel.” This significant investment follows a successful seed round of $10.5 million in June 2021. The funding round garnered support from prominent investors, including Polychain Capital, Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures, and Tess Ventures, further solidifying the potential of the game and the company.

The AAA Game with a Unique Twist

Referred to as a AAA game, “Shrapnel” promises top-tier production, substantial budgeting, and a comprehensive marketing strategy. This first-person shooter game with multiplayer features centers around an intriguing “extraction” mechanic, which challenges players to exit the game with in-game loot in order to retain it.

The gameplay in “Shrapnel” draws notable comparison to the popular “Call of Duty: Warzone” developed by Microsoft’s Activision Blizzard studio. Players can expect a high-energy, action-packed experience, engaging with opponents in adrenaline-fueled battles and tactical gameplay.

Integrating Web3 and Blockchain

A feature that sets “Shrapnel” apart is its integration with Web3 and blockchain technology. Players will have complete ownership of their in-game assets, ensuring a sense of ownership and security. Additionally, Neon Machine plans to offer a modding toolset, allowing players to incorporate other blockchain assets into the game, further enhancing the gaming experience and expanding opportunities for creativity.

Neon Machine has scheduled an early-access testing phase for “Shrapnel” in December, exclusively available to paid subscribers. This testing phase will enable the development team to gather valuable feedback and refine the game prior to its official release.

Looking ahead, Neon Machine aims to launch “Shrapnel” as a free-to-play game in 2024, making it accessible to a wider audience and solidifying its position as a leader in the Web3 gaming industry.

Conclusion

With the successful Series A funding and promising features, “Shrapnel” by Neon Machine is poised to become a major player in the gaming industry. Combining thrilling gameplay, integration with Web3 and blockchain, and a solid development roadmap, “Shrapnel” has the potential to transform the gaming landscape and provide players with a truly immersive and unique gaming experience.

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• Source: https://nftnewstoday.com/2023/10/26/neon-machine-secures-20-million-in-series-a-funding-for-shrapnel-game/?utm_source=rss&utm_medium=rss&utm_campaign=neon-machine-secures-20-million-in-series-a-funding-for-shrapnel-game