The founders of Shrapnel Game Studio say a major investor tried to take over - Neon Machine

The founders of Shrapnel Game Studio say a major investor tried to take over - Neon Machine

Play To Earn Games | 11 Apr 2024 06:26 UTC

In a shocking turn of events, Neon Machine, the game studio behind the highly-anticipated first-person shooter blockchain game Shrapnel, is embroiled in a legal battle over an alleged coup attempt. The studio's six founders have filed a lawsuit against major investor Cort Javarone, accusing him of causing severe harm to the company. This unfolding drama raises concerns about the future of Shrapnel and its impact on the gaming community.

The Delaware Court of Chancery is now a battleground as six founders of Neon Machine, who originated from HBO in 2020, take legal action against Cort Javarone, CEO of 4D Factory investment firm, along with 4D equity holder Steve Horowitz and Scott Honour from Northern Pacific Group. The lawsuit alleges that Javarone has taken unilateral actions to entrench himself in a board majority, causing substantial harm to Neon.

1:1: Javarone's Alleged Power Move:

The complaint contends that Javarone appointed himself as Neon's CEO on November 13, removing the studio's CEO, Mark Long, from the board. Mark Long, however, asserts his continued role as CEO, adding a layer of complexity to the situation.

2. Contractual Promises Shattered:

Neon's founders claim that Javarone's actions have affected investors at Griffin Gaming Partners and Polychain Capital, preventing them from receiving their preferred shares. The lawsuit alleges a breach of contractual promises made to new investors, indicating a potential violation of trust that could impact Neon's financial stability.

2:1: Javarone's Influence on Investors:

The lawsuit suggests that Javarone's attempt to take control of the studio has repercussions for Neon's investors, putting their investments at risk and disrupting the studio's financial ecosystem.

3. Internal Takeover Threatens Shrapnel's Future:

With the internal struggle underway, concerns arise regarding the impact on Shrapnel's development and the future of the highly anticipated extraction shooter game. Neon's executives fear that Javarone might be attempting to access the studio's funds to resolve his own debts, further complicating the situation.

3:1: Funding at Risk:

The lawsuit raises doubts about the security of the $20 million Series A funding that Neon recently obtained, potentially jeopardizing the development of Shrapnel.

4. Shrapnel's Response Amidst Legal Turmoil:

Shrapnel's official response on Twitter emphasizes their continued control over development, funding, and operations. The studio assures players and the community that they remain committed to delivering their groundbreaking AAA first-person extraction shooter, despite the ongoing legal proceedings.

4:1: CEO Mark Long's Defiant Stance:

Mark Long's tweet asserting his position as CEO despite Javarone's actions adds a layer of defiance to the situation, creating intrigue and uncertainty about the studio's leadership.

5. The Future of Shrapnel Hangs in the Balance:

As the legal battle unfolds, the future of Shrapnel becomes uncertain. The potential ramifications of an internal takeover on the highly anticipated game and Neon's reputation in the gaming community are significant.

5:1: Community Concerns and Expectations:

The gaming community's response and expectations are crucial in shaping the narrative around Shrapnel's future. Community sentiments and concerns will likely play a role in determining the ultimate outcome of this internal struggle.

FAQ Section:

Q1: Why are Neon's founders suing Cort Javarone?

A1: Neon's founders allege that Javarone is attempting a coup to gain control of the studio, causing severe harm to the company.

Q2: What is the impact on Shrapnel's development?

A2: The internal struggle raises concerns about the game's future development and the potential risk to recently secured funding.

Q3: Is Mark Long still the CEO of Neon Machine?

A3: Despite Javarone's actions, Mark Long asserts on Twitter that he remains in his role as CEO.

The legal battle at Neon Machine poses a significant threat to the future of Shrapnel, the highly-anticipated blockchain-based first-person shooter. With the internal struggle creating uncertainty about the studio's leadership and financial stability, the gaming community watches closely as the drama unfolds.

The founders of Shrapnel Game Studio say a major investor tried to take over - Neon Machine
Shrapnel Game Studio Founders Say Majority Shareholder Is Staging a Coup

Stay tuned for updates on this developing story. Join the conversation on social media to share your thoughts and opinions on the future of Shrapnel and Neon Machine.

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Dragon Master - Game Review

Dragon Master - Game Review

DragonMaster is an innovative blockchain-based Metaverse game made by Magic Hat. It combines RTS, MOBA, Collection, and Play-to-Earn elements. DragonMaster is the first blockchain-based Metaverse game to combine RTS, MOBA, Collection, and Play-to-Earn gameplay. The Dragon Metaverse is more than just a game now. It has grown to include virtual characters, homes, and even jobs. In the near future, DMT will be good for artists and developers. Also, the game's global tournaments are fun, and it is run according to DAO principles, which means that it is completely decentralized and that community members can choose the development and operations teams.

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Minionverse - Game Review

Minionverse - Game Review

Minionverse is a virtual, Play to Earn, and PvP game that combines Tower Defense and Trading Card Game modes. Minionverse has delivered a whole new kind of free-to-play game to the Web3 market. The first game, Minionverse Tower Defense, is now entirely playable, which is the nicest part for early adopters. The entire Minionverse will run on BNB Chain and use the $MIVRS token. The $MIVRS token allows the players to do more than just enhance their deck.

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Town Star - Game Review

Town Star - Game Review

Town Star is a competitive blockchain game developed by one of the co-founders of Zynga. The game is a lot like Farmville, a farming simulation game, but there is a competitive touch in it with real money involved to acquire land. Although on the face, Town Star seems like your average farming simulation but the game is very close to real-life scenarios, dynamics, and issues. The game is very beautiful and colorful with its cartoon graphics and visuals. Moreover, Town Star is based upon the Ethereum blockchain technology with a diverse in-game economy. Like many other farming simulations, the goal is to acquire land and build farms on it. However, in Town Star, it is not so simple. Town Star Gameplay: The players have to understand the land they are acquiring. Several important factors are the proximity of the land to the water supplies, main roads, access to the markets, distance from the urban centers and city, the market prices of the livestock and cattle, the prices of the seeds and fertilizers, etc. In short, the game has great depth that hooks the players in a never-ending fun strategy gaming experience. Town Star Tokenomics: Every day the players must endeavor to reach 1000 stars which will lead them to receive 1 Town Coin of the game token as earnings that have real-life value. Moreover, these Town Coins are tradeable in open marketplaces and exchanges. The earned Town Coins can also be traded with in-game NFTs which is another good investment. The game requires complete involvement as it is a strategy game and there is a requirement for proper planning of the towns and farms. The game requires lots of clicks and the collection of resources to help players grow as virtual farmers and earn more money. Not only the game is fun to play with deep strategic gameplay, but it also generates decent real-world earnings which make it one of the most popular farming simulation games on the market.

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BR1 - Game Review

BR1 - Game Review

BR1 is a shooter game that makes use of NFT technology. Unlike most games, which give players very little incentive, BR1 is a high-risk, high-reward game. Although BR1's premise differs fundamentally from other titles on the market, it was built with the user in mind. Currently, well-known businesses including Krafton, Solana Ventures, and Shima Capital, to name a few, have invested in BR1. The co-founder of Twitch, Justin Kan, has made an investment in the BR1 Metaverse Game, according to the game's publisher.

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Outlaw Troopers - Game Review

Outlaw Troopers - Game Review

"Outlaw Troopers" is a play-and-own Non-Fungible Token (NFT) game set in the FGL Metaverse, in which players can collect virtual items using the WAX blockchain. This game offers an immersive and exciting gaming experience for players. "Outlaw Troopers" offers virtual valuable items such as troopers, space stations, encounter passes, and more in the form of Non-Fungible Tokens (NFTs). This game is the third play-and-own game on the WAX blockchain to use the FGL token, adding an extra layer of value and excitement for players. Outlaw Troopers Game Overview: In "Outlaw Troopers," players can send their troopers on missions to collect credits, gears, and ore. They can also participate in dangerous encounters to rank up on the leaderboard and win big prizes. The goal is to build the most powerful outlaw empire. The game consists of both a passive and active part, offering a diverse and engaging gaming experience for players. The Passive Gameplay: Missions are where the passive part comes in. Go on a heist mission to stock up on credits! How about a hijacking mission to steal some ore from transporter ships? You decide! When you go on your mission, be sure to pick the best ship for the job! Upgrade to ships from the Cosmic Clash game for max potential! Collect and craft powerful gears to use on your missions. Want some better results from your missions? Apply some grunt gears to increase cargo capacity, lower mission costs, and more!Would you like to perform better in encounters?

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Champions Hunters - NFT RPG Champion Monsters Hunt - Game Review

Champions Hunters - NFT RPG Champion Monsters Hunt - Game Review

Champions Hunters is a roleplaying game that uses non-fungible tokens (NFTs) to represent the player's character and other in-game assets. In the game, players take on the role of a hunter who must track down and defeat powerful champion monsters, unlock portals, collect runes, and explore dungeons in search of valuable loot. Along the way, players will uncover the story behind the game and learn more about the world of Champions Hunters. Whether you are a seasoned roleplayer or new to the genre, Champions Hunters has something to offer players of all types. As you play Champions Hunters, you will have the opportunity to collect a wide variety of items that can help you upgrade your character and improve your chances of success on the battlefield. Some of these items are represented by non-fungible tokens (NFTs) that can be used in the game or sold on the marketplace. Along the way, you will encounter various Valdorian non-player characters (NPCs) who can aid you in your quest to defeat the Terror King, a powerful enemy who seeks to capture all of the Valdorian Master Runes. Whether you are working alone or teaming up with other players, Champions Hunters offers an exciting and immersive gaming experience that will keep you coming back for more. Champions Hunters Gameplay. Energy: Just like in real life, your character also has energy. Though unlike real life this energy is quantifiable thanks to an energy gauge. Your hunter has the ability to get tired and will lose their energy with each action performed. Magic Spells and Skills: Magic spells are a great way to speed up movement, recover, and strengthen defenses. Skills are important in combat as they can help you deal more damage and even kill multiple enemies at the same time. Players can acquire more skills and spells by taking specific types of runes to the fairy and she will give you powers in return. Play with friends: After completing the shrine quest you will have the ability to call on your friends to help you combat. But there is a limit to how, when, and for how long you can use this ability.

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Planet Mojo - NFT PvP Blockchain - Game Review

Planet Mojo - NFT PvP Blockchain - Game Review

Planet Mojo, a brand-new metaverse that's not just a game but a whole experience waiting to be explored. Get ready to dive into a world filled with NFTs, play-and-own gaming, and a storyline that'll keep you hooked. Let's take a closer look at what makes Planet Mojo the next big thing in the gaming universe! Picture this: you, as a player, stepping into a vast and immersive world teeming with exciting characters and adventures. Whether you're itching to complete quests, engage in combat, or simply soak in the sights and sounds of the metaverse, Planet Mojo has it all. And who's behind this gaming marvel, you ask? Veteran game developers, the real wizards behind the curtain, with experience from LucasArts, Activision, and EA, are weaving the magic on the Polygon blockchain. I remember the first time I stepped into Planet Mojo; it felt like entering a portal to another dimension. The attention to detail, the vibrant landscapes, and the promise of endless possibilities had me hooked from the start. The Artistic Collaboration: Mystic Moose and Concept Art House. Now, let's talk about the visual feast that awaits you in Planet Mojo. Mystic Moose, in cahoots with Concept Art House, is bringing you 3D NFTs that are not just cool but a visual masterpiece. These NFTs add a whole new layer to the gaming experience, making it more personal and collectible. Imagine owning a unique Mojo, a creature born from a special seed, with its distinct features and powers. It's not just a character; it's your companion, your avatar in the metaverse. And with Concept Art House adding their artistic flair, these NFTs are a testament to the creative synergy between two powerhouses. Dive into the Planet Mojo Storyline Alright, buckle up because the storyline of Planet Mojo is nothing short of epic. Picture a world filled with mystical creatures called Mojos, each belonging to one of six clans, each with its own quirks, traditions, and powers. From Leafy to Moss, Flowers to Vines, the diversity is mind-blowing. But, and there's always a 'but' in these tales, Planet Mojo is under threat. The Scourge, a technologically advanced invading force, is wreaking havoc. In response, the Mojos have summoned Champions, specialized warriors ready to investigate and combat the Scourge. And if that's not enough, they're backed by the Ancients, giant sentient beings born from the very elements of the planet. I remember my first encounter with the Scourge; it was a real nail-biter. The adrenaline rush, the thrill of being a Champion, and the responsibility of defending Planet Mojo – it was a gaming experience like no other. Gameplay: More Than Just Games Now, let's talk gameplay. Planet Mojo isn't your typical one-dimensional game; it's a blend of various mini-games, all designed to put the fun first. And let's face it, isn't that why we game in the first place? One standout is Mojo Melee, an auto-chess game with rankings, tournaments, and seasons, promising not just enjoyment but also the chance to pocket some cash. And if land-based adventures are more your style, Mojo Land, a Tournament-fashioned game, awaits. The metaverse thrives on these games, with new mini-games continually being added to keep things fresh. What's even cooler is that Planet Mojo is a decentralized project, where you, the player, are not just a participant but an owner of the game itself. Tokenomics: Your Gateway to Earnings Now, let's talk about the dough – because who doesn't love some extra cash? Planet Mojo operates on a tokenomics system that revolves around 3D NFTs. You, the player, have complete ownership of these NFT characters, and they aren't just for show. Upgrade them, trade them on the marketplace – they're yours to command. And here's the kicker: the game is free-to-play. Yes, you heard that right. Accessible to everyone, no paywall to stand in your way. But don't let the 'free' fool you. While it's not play-to-earn, there are plenty of ways to fatten up your wallet – from investing in NFTs to staking, token rewards, and more. The IDO token for the game is a tantalizing prospect, with details set to be revealed post-2023 as per the Planet Mojo roadmap. Join the Mojo Movement So, there you have it – a sneak peek into the mesmerizing world of Planet Mojo. It's not just a game; it's a journey, an experience, and a community waiting to be explored. Whether you're a seasoned gamer or dipping your toes into the gaming universe for the first time, Planet Mojo has something in store for you. Don't wait; the adventure awaits. Join the fun on Planet Mojo today and discover a metaverse where the real magic is in the hands of the players. Become a Champion, defend the realm, and let the Mojo madness begin!

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Knights of Cathena: Web3 Turn-Based Tactics PvP NFT Game - Review

Knights of Cathena: Web3 Turn-Based Tactics PvP NFT Game - Review

"Knights of Cathena" is an exciting turn-based tactics PvP multiplayer web3 game inspired by medieval fantasy RPGs, combining chess-like strategy with item collection. Set in a captivating world, players engage in thrilling battles using powerful items, aiming to rise through the ranks and dominate their opponents. This blockchain game leverages the MultiversX platform, making it a part of the Web3 gaming revolution while ensuring accessibility for both new and experienced Web3 users. Players can join for free and earn tokens and collectible NFTs as rewards. The game offers engaging turn-based strategy gameplay with RPG elements, focusing on building a strong user base and promoting Web3 adoption. Noble Houses serve as social hubs within the game, offering various perks and rewards for members, with the house owner enjoying additional benefits. House progression is tied to leveling up, expanding membership capacity and perk slots, fostering camaraderie and competition among players. Gameplay involves leading armies into 3D battles on a grid-based battlefield, strategically positioning fighters with unique strengths and weaknesses. Victories yield rewards, including a wide array of equipable items that open up new strategic possibilities. The game features a rank-based system with tiers from Peasant to Grandmaster, and players earn stars within each rank to advance. Losing a battle deducts a star, and losing the last star results in demotion, but skilled gameplay offers a path to redemption. The in-game governance token, Cathena Gold ($CGO), is used for various purposes within the game's tokenomics system. Knights of Cathena: A web3 RPG with turn-based tactics, NFTs, and blockchain rewards. Join epic battles in a medieval fantasy world!

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Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
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