{"id":181090,"date":"2023-10-26T02:36:30","date_gmt":"2023-10-25T21:06:30","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=181090"},"modified":"2023-10-26T02:36:30","modified_gmt":"2023-10-25T21:06:30","slug":"neon-machine-raises-20m-series-a-for-blockchain-based-call-of-duty-competitor-shrapnel-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/neon-machine-raises-20m-series-a-for-blockchain-based-call-of-duty-competitor-shrapnel-crypto-news\/","title":{"rendered":"Neon Machine raises $20M Series A for blockchain-based Call of Duty competitor \u2018Shrapnel\u2019 &#8211; Crypto News"},"content":{"rendered":"<div data-v-3d3be88a=\"\">\n<p>Web3 gaming developer Neon Machine raised $20 million in Series A funding toward the development of its highly anticipated extraction shooter, Shrapnel.<\/p>\n<p>This round follows a $10.5 million seed round completed in June of 2021. It was led by Polychain Capital and included funding from Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures and Tess Ventures.<\/p>\n<p>Shrapnel is an ambitious gaming project touted by Neon Machine as a AAA game \u2014 an expression for video games with top-tier production value, budgeting and marketing. <\/p>\n<p><iframe loading=\"lazy\" title=\"SHRAPNEL Extraction Packs Trailer | Early Video Game Access?! \ud83d\udc40\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/9JPBeF5Unkg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p>According to gameplay footage shown on Neon Machine\u2019s YouTube page and documentation on the game\u2019s website, Shrapnel is a first-person shooter featuring multiplayer components. Competition in the game \u2014 which currently has yet to enter pre-alpha testing \u2014 will purportedly come in the form of \u201cextraction\u201d mechanics requiring the player to escape with any loot they find in-game in order to retain those items. <\/p>\n<p>Early gameplay videos show what appears to be a gameplay loop consistent with Call of Duty: Warzone, a popular free-to-play extraction shooter developed by Microsoft\u2019s Activision Blizzard studio. <\/p>\n<p>What separates Shrapnel from similar AAA competition is its reliance on Web3 and blockchain. While other games, such as The Division 2, have mechanics in place where players can \u201cextract\u201d valuable items in order to apply them to their character and profiles, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/behind-the-scenes-of-the-first-aaa-shooter-game-built-on-the-blockchain\">the assets in Shrapnel are connected to the blockchain<\/a>.<\/p>\n<p>According to the studio, this allows the players full ownership over the assets.<\/p>\n<p><strong><em>Related: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/blockchain-game-shrapnel-restrict-us-players-fearing-securities-laws\"><strong><em>Shrapnel Web3 shooter won\u2019t let US users cash out, thanks to Gensler<\/em><\/strong><\/a><\/p>\n<p>Shrapnel will also feature a modding toolset that, theoretically, could allow players or developers to insert other blockchain assets into the game world for players to interact with. This could, hypothetically, create an intriguing scenario for both seasonal competition and tournament play. <\/p>\n<p>The game is slated for early-access testing for paid subscribers in December, according to a press release from Neon Machine. Once the initial evaluation period ends, the company intends to launch the game as a free-to-play title \u201csometime\u201d in 2024.\u00a0<\/p>\n<p>Beyond the development and launch of Shrapnel, Neon Machine has also said that it intends to eventually license its Web3 developer\u2019s API platform, GameBridge, after the launch.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Web3 gaming developer Neon Machine raised $20 million in Series A funding toward the development of its highly anticipated extraction shooter, Shrapnel. This round follows a $10.5 million seed round completed in June of 2021. It was led by Polychain Capital and included funding from Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":181091,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-181090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=181090"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181090\/revisions"}],"predecessor-version":[{"id":181093,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181090\/revisions\/181093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/181091"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=181090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=181090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=181090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}