Neon Machines settles lawsuit with former investors

MT HANNACH
4 Min Read
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Neon Machine, developer and publisher of first -person web3 shooting bursts, announced that it had settled investor legal action submitted in 2023.

Neon said he expects the regulation to be subject to the approval of the court in due course. By concluding this settlement agreement, the bursts of shells are eager to put an end to this affair.

The team is progressing towards the delivery of its ambitious vision for the game, the ecosystem, the market and the underlying technology. The release of Shrapnel is scheduled for Epic Games Store in 2025.

Shrapnel CEO Ken Rosman said in a statement: “We thank our community for their continuous support throughout this trip. In this new era of bursts of shells, each decision we take aims to create an exceptional experience for players around the world. We remain determined to deliver our ambitions and our laser on the preparation of the launch. »»

Mark Long, former CEO of Neon Media, left the company. The dispute involved a flaw between long and its investors. These investors put their money in neon media, which have started to burst off. But generated additional funds for a long time thanks to a sale of tokens, and investors did not receive what they received as a good part of the company. They continued, and now this trial has been settled. In a message to Gamesbeat, Long said: “We are all happy that it is finished so that the studio can focus 100% on the game.”

In 2025, Shrapnel has more than 130,000 players’ accounts, more than half a million followers on social networks and delivered more than 25 days of public play in 2024 in early access events. Other gameplay overview events will be announced before launch.

Fire shards want to create a first -person premium quality shooter who allows players to compete intensely, have their creations and shape the future of the game. Shrapnel launches on PC in 2025 and uses his own layer of layer 1 on the avalanche blockchain.

In the world of shells, a massive asteroid had an impact on the moon, which caused meteorites to bomb on several occasions of large expanses of the earth. This leaves an area known as the uninhabitable sacrifice area. Meteorites contain mysterious and powerful material called Sigma, encouraging nations and companies to order mercenaries to extract it. The war rages to control the sacrifice area and its many secrets.

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