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 | 04 Feb 2024 12:08 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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Time Shuffle Game - Turn-Based RPG on Avalanche Blockchain

Time Shuffle Game - Turn-Based RPG on Avalanche Blockchain

Time Shuffle Game is a turn-based RPG set on the Avalanche blockchain, offering players a unique experience in a multidimensional time-traveling universe where heroes engage in battles across historical eras. TimeShuffle is an ambitious Play and Earn game that operates on the Avalanche Blockchain. It immerses players in a multi-dimensional universe featuring time travel, squad-based battles, and competitive player-versus-player (PvP) elements. The game places a strong emphasis on gameplay and aims to pioneer the Web3 Play and Earn gaming space by redefining traditional gaming norms. In TimeShuffle, players strategize in battles, evolve and crossbreed heroes to create powerful, one-of-a-kind super units, all while enhancing the value of their non-fungible tokens (NFTs). The Hero Skill Tree adds complexity through professions and AI-driven skill development. The Time Shuffle team boasts over 30 years of experience in the gaming industry and has received substantial support from Avalanche ecosystem partners. TimeShuffle aims to offer players an exciting time-travel narrative where historical figures like Einstein and Cleopatra evolve into formidable entities. Additionally, it introduces players to NFT and token elements within a free-to-play framework. The game's storyline is set in a future where time travel has become a reality, leading to a conflict between two factions. One faction seeks to reshape the past for personal gain and global domination, while the other strives to preserve the timeline. A breakthrough discovery by researchers, led by HEXAGON Corp, involving an ancient artifact with extraterrestrial elements and quantum particles, leads to significant advancements like flying cars, gene editing, and renewable energy sources. However, a rogue scientist from HEXAGON Corp abuses time travel to alter history for his own rule, sparking chaos as others join his quest for power and wealth. In response, HEXAGON Corp forms the "Time Keepers," an elite time travel unit tasked with thwarting the scientist's agents, known as "Time Breakers," and safeguarding the timeline. Gameplay in TimeShuffle promises to be user-friendly. Players find themselves in an alternate universe populated by intriguing replicas of historical figures, each possessing unique powers guided by TimeShuffle's advanced algorithms. Character breeding and fusion add depth as merged heroes grow stronger, offering limitless possibilities and potential NFT sales on TimeShuffle's marketplace. This dynamic system creates a wide array of NFT assets, heroes, and skill enhancements, ensuring an engaging journey for players. Strategy plays a pivotal role in both player-versus-environment (PvE) and player-versus-player (PvP) encounters, from base construction to soldier development and battle leadership. Gamers have the flexibility to engage in AI-controlled or real-time conflicts. The choice of faction at the beginning of the game influences in-game progress and fosters community competition. NFT holders can enter the PvP Arena and stake their assets in battles, adding an exciting competitive dimension to the experience. In terms of tokenomics, TimeShuffle's foundation includes the $TIMS governance token and the $GOLD in-game token. These tokens empower users to shape the game and its evolution through forum-based governance. The community response to TimeShuffle's alpha version and the introduction of gold skins for founders has been positive, with users expressing enthusiasm for the game's character design and features. However, it's important to note that the article does not specify whether the game has been released at the time of the review.

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Arsenal - Game Review

Arsenal - Game Review

Fabwelt Gaming Ecosystem and Metaverse have developed Arsenal, an exhilarating 3D First Person Shooter game, as a multiplayer experience. The game presents a lifelike battlefield-style appearance and is meticulously tailored to suit both desktop and mobile devices. By integrating NFTs into the gameplay as assets, collectibles, and utilities, the game harnesses the capabilities of blockchain technology. Players have the opportunity to use these NFTs to elevate their gameplay and enjoy supplementary advantages. Arsenal Review: NFTs also function as valuable commodities that players can withdraw from the game and utilize for various purposes, including using them as collateral on decentralized lending protocols, staking, gifting, or passing them down as inheritances. Arsenal offers a unique combination of Pay to Play and Play to Earn options, making it accessible to both everyday players and professional players worldwide. With a wide range of maps to choose from, including large maps for sniping and small maps for fast-paced close combat, Arsenal promises to offer an exciting and engaging gaming experience. Tokenomics: You can earn WELT tokens by having fun with other players playing Arsenal. The amount of WELT you can earn during gameplay depends on different settings. NFTs: In Arsenal, you utilize in-game NFTs for strategic purposes, assets, and collectibles. Once you link your blockchain wallet to Arsenal, the game will assess the NFTs you own to determine their usability within the game. All NFTs can be purchased on our NFT marketplace, and you can discover the full range of NFTs and their uses there. To incorporate strategic NFTs into your Arsenal experience, you must add them to your blockchain wallet's Arsenal section. These strategic NFTs, which can be used to gain a tactical edge during gameplay, are consumable and can only be employed once.

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Blades of Valor - Game Review

Blades of Valor - Game Review

"Blades of Valor" is a Non-Fungible Token (NFT) game that allows players to mine, level up, gear up, and fight battles to play and own. This game utilizes the BNB blockchain and offers free minting for the first generation of 5000 hero NFTs. These features combine to create a unique and immersive gaming experience for players. Blades of Valor Game Overview: "Blades of Valor" is a player-versus-player role-playing game (PvP RPG) with arena fighting, in which the winner takes all. The game is directed by Origin's own Yu Pan and is set to be fully launched by the end of the year. In "Blades of Valor," minting your NFT hero is just the beginning. Players can progress through the game by gaining experience through winning battles and obtaining gear with varying rarities and powers. These elements combine to create a dynamic and exciting gaming experience.

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Abyss Online (Formerly Metagates): an Immersive MMORPG

Abyss Online (Formerly Metagates): an Immersive MMORPG

Abyss Online, previously known as Metagates, is an immersive free-to-play MMORPG that offers players a vast open-world experience. Set in a richly detailed and story-driven realm, the game features a bustling social hub city, PvP arenas, PvE dungeons, and a range of activities including gathering, crafting, and trading. Players can join parties with friends, form guilds to claim territories, and enjoy the game on PC, Mac, and Mobile platforms. The world of Abyss Online is filled with resource gathering, intricate crafting, challenging monster battles, extensive exploration, political intrigue, and competitive PvP, making it a player-centric universe that constantly evolves. In the world of Abyss Online, formerly Metagates, the appearance of mysterious portals known as Metagates has introduced supernatural entities and transformed the world's inhabitants. Some individuals have harnessed the mystical energies of these portals, gaining unique magical abilities. These gates lead travelers to different realms, some filled with brutal arenas where survival requires battling others, and others to distant lands rich in valuable resources. The origins of these Metagates remain a mystery, with theories ranging from interdimensional conflicts to natural evolution. However, one undeniable truth is that the world is undergoing rapid and irreversible changes due to these portals. The gates themselves pose a mysterious threat, as they bring forth menacing creatures. Defeating these creatures rewards players with currency and vital resources, unlocking new facets of the ever-evolving world. The central question remains: will these newfound powers be used for the greater good, or will they plunge the world further into chaos? Gameplay in Abyss Online combines elements of fantasy and science fiction in a dynamic and expansive world. Inter-dimensional gates appear unpredictably, disrupting the universe's balance and bringing elements from diverse worlds into this realm. Players explore various landscapes, including lush woodlands, towering peaks, and desolate wastelands, often finding themselves in otherworldly domains as they seek treasure and understanding. The game features a generative quest system that tailors the narrative to each player's choices, allowing artisans to create powerful items and engage in a complex in-game economy, shaping the game's economic landscape. PvP battles and guild warfare add excitement, with epic Zerg vs. Zerg warfare occurring as armies clash over open-world territories. Abyss Online seamlessly blends fantasy and science fiction, creating a captivating and ever-evolving open world. The community response to Abyss Online has been enthusiastic, with players expressing excitement about the game's immersive world and the desire to join the adventure. Some players draw comparisons to other games, indicating a sense of familiarity with Abyss Online's concept. Overall, Abyss Online, formerly Metagates, promises an engaging MMORPG experience with its immersive world, dynamic gameplay, and rich narrative, attracting players eager to explore its ever-evolving universe.

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Ookeenga (OKG) - Game Review

Ookeenga (OKG) - Game Review

Ookeenga (OKG) is a revolutionary new vertical multiplayer real-time strategy game that boasts stunning 3D visuals of nature. In addition to its impressive graphics, OKG offers a compelling storyline and addictive gameplay that is inspired by the Clash Royale genre. Whether you are a fan of strategy games or simply enjoy breathtaking visuals, OKG is a game that is sure to captivate you. Its combination of immersive gameplay, beautiful graphics, and an engaging storyline make it a must-try for any gamer. Enter the immersive world of Ookeenga and discover the secrets of the Scared Forest, a post-apocalyptic world where insects have evolved and are fighting to build their own civilizations. As a player, you must use your tactical skills to launch devastating attacks against other players in order to bring victory to your tribe. Emerge in the world of Ookeenga and experience the thrill of competition and strategy as you build your own insect empire. Ookeenga (OKG) Review: Ookeenga is a game that combines three popular genres - real-time strategy, collectible card games, and tower defense - to create a unique and exciting gameplay experience. Whether you are a fan of one or all of these genres, Ookeenga offers something for everyone. Its combination of strategy, card collecting, and tower defense make it a must-try for any gamer looking for a fresh and engaging gaming experience. In Ookeenga, players are placed on a field with a simple goal: use units or spells to attack and destroy as many of the opponent's towers as possible within three minutes, or eliminate the opponent's central tower. This objective requires players to use strategy and quick thinking to outmaneuver their opponents and emerge victorious. Whether you prefer to use units or spells to attack, Ookeenga offers a fast-paced and exciting gameplay experience that is sure to keep you on the edge of your seat. The match ends when: The player beats the opponent's main house. Within 3 minutes, the match will end on its own. Then, the game will calculate the score depending on the remaining health of the main house and sub-towers. Consequently, whoever has more towers will win. If the number of buildings is equal, the total HP of the towers comes into play to get the results. Finally, if within 3 minutes both sides do not lose blood, this will lead to a tie for both players.

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Copium Wars - Game Review

Copium Wars - Game Review

Copium Wars is a must-play blockchain game that offers players the opportunity to earn rewards through gameplay and collect rare Non-Fungible Tokens (NFTs). The game's NFTs are unique and highly coveted by players, adding an extra layer of excitement and value to the game. Players can earn cryptocurrency and collect rare NFTs as they progress through the game. The NFTs in Copium Wars are unique and cannot be replicated, making them highly valuable and sought after by players.

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Formula E: High Voltage - Racing with NFTs in the Play & Earn Arena - Review

Formula E: High Voltage - Racing with NFTs in the Play & Earn Arena - Review

The Exciting World of Formula E: High Voltage! Have you ever dreamt of managing your own racing team, making those high-stakes decisions that could lead to glorious victory? Well, folks, that dream isn't as far-fetched as it sounds, thanks to Animoca Brands' latest brainchild, Formula E: High Voltage. It's not just a game; it's a gateway to the thrilling world of Formula E racing, mixed with the innovative twist of blockchain technology. A Game That's More Than Just a Game: Picture this: You're the Team Principal of a Formula E team, and every decision you make could mean the difference between winning and losing. It reminds me of the time I organized a local go-karting event – the adrenaline, the strategy, it's all there, but on a much grander scale! In Formula E: High Voltage, each car, each driver, is an NFT – a digital asset you truly own. This isn't just play; it's play-to-earn, where your skill can turn into real rewards. The Formula E Connection: Formula E has been the epitome of eco-friendly racing for nine seasons, escalating to an FIA World Championship. Remember Nyck de Vries or Jake Dennis? These champs started here before leaping into F1. This game isn't just a celebration of the sport; it's a deep dive into its electrifying world. A Deep Dive into Formula E: High Voltage Gameplay: The Thrill of Management and Strategy! The game's essence lies in its play-to-earn concept. You're not just racing; you're managing, strategizing, and making crucial decisions. Remember ATTACK MODE? That's your 35 kW ace up the sleeve for intense moments. And energy management – it's like balancing your monthly budget, but way more fun and with faster cars! NFTs: The Game Changers: Every car, every driver in this game is an NFT, from the legendary GEN3 race car to champions like Jake Dennis. These aren't just virtual assets; they're investments, pieces of a digital empire you're building. The thrill of collecting, training, and managing these NFTs – it’s like having a digital garage of dream cars and superstar drivers. The REVV Motorsport Ecosystem: Formula E: High Voltage isn't just a standalone game; it's part of something bigger – the REVV Motorsport ecosystem. Think of it as a digital universe where the $REVV token is king. It's not just a currency; it's a passport to a realm of blockchain games, from MotoGP™ Ignition to Torque Drift 2. Community Speaks The gaming community is buzzing about this game. From the legendary first crates to wise investments during market fluctuations, players are not just playing; they're engaging, strategizing, and earning. Game Info at a Glance Genre: Racing Management Platform: Mobile (iOS and Android) Blockchain-Based?: Yes Category: Sports, Strategy NFTs?: Absolutely Tokens: $REVV token Game Phase: Ongoing, immersive Game Type: Play-to-Earn, Strategy, Simulation Frequently Asked Questions What's Formula E: High Voltage All About? Imagine being a Formula E Team Principal, where your decisions shape the future of your team. This blockchain-based game is about strategy, management, and earning rewards through skillful play. How Do NFTs Fit into This Game? NFTs in Formula E: High Voltage are not just digital collectibles; they are essential assets that influence your team's performance and your earning potential. They bring a sense of ownership and investment to the game. What's the Buzz About the GEN3 Race Car? The GEN3 race car in the game is like the crown jewel of electric racing. It's not just a car; it's a challenge, a beast to be tamed, and a testament to your strategic prowess. How Does the Game Connect with the REVV Motorsport Ecosystem? Think of Formula E: High Voltage as a crucial part of a broader digital motorsport universe. The REVV Motorsport ecosystem is where this game, along with others, thrives, interconnected by the $REVV token. Who Are the Notable Champions in the Article? We've got legends like Nyck de Vries and Jake Dennis, whose journeys from Formula E to F1 are nothing short of inspirational. They're not just racers; they're icons of the sport. How Does Play-to-Earn Work During Market Fluctuations? The beauty of the play-to-earn model is its resilience. Whether the market is up or down, your skill and strategy can still lead to tangible rewards. It's about playing smart, not just hard. Where Can I Play Formula E: High Voltage? Grab your mobile, either iOS or Android, and dive in. It's racing management at your fingertips, anytime, anywhere. Wrapping It Up So, there you have it – Formula E: High Voltage in a nutshell. It's more than a game; it's an experience, a journey into the world of Formula E, sprinkled with the magic of blockchain and NFTs. Whether you're a hardcore racer, a strategic thinker, or just in it for the thrill, this game has something for everyone. Buckle up, because this is one electrifying ride you won't want to miss!

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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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