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SHRAPNEL

SHRAPNEL

Develops AAA shooter game using blockchain

About

Shrapnel develops the SHRAPNEL game, which is the first AAA shooter game utilizing blockchain technology. This game allows players to engage in a digital economy where they can own, trade, and sell in-game assets securely. Unlike traditional games, Shrapnel offers players true ownership of their digital items, enhancing their gaming experience. The company stands out in the competitive video game market by targeting gamers who appreciate high-quality titles and are interested in blockchain advancements. Shrapnel's goal is to create an immersive gaming experience that combines competitive gameplay with community engagement and creative content creation, while generating revenue through game sales, in-game purchases, and transaction fees.

Company Stage

Series A

Employees

51-200

Industries

Crypto & Web3, Gaming

Total Funding

$27M

Headquarters

N/A

Founded

2021


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Simplify's Take

What believers are saying

  • Shrapnel's partnership with Stardust's Starbase enhances player engagement and acquisition through innovative reward structures.
  • The introduction of SHRAP tokens and in-game marketplace on the Epic Games Store provides multiple revenue streams and enhances player investment.
  • Winning the Most Anticipated Game award and raising $20 million in funding highlights strong market interest and financial backing.

What critics are saying

  • The highly competitive gaming market, especially within the blockchain segment, poses significant challenges for Shrapnel to maintain its unique position.
  • Dependence on blockchain technology may alienate traditional gamers who are skeptical of Web3 innovations.

What makes SHRAPNEL unique

  • Shrapnel is the first AAA shooter game built on blockchain technology, offering a unique blend of competitive gameplay and digital asset ownership.
  • The integration of blockchain ensures true ownership of in-game assets, setting Shrapnel apart from traditional AAA titles.
  • Shrapnel's team, composed of veterans from major franchises like HALO and Call of Duty, brings unparalleled expertise to the project.

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Growth & Insights
Headcount

6 month growth

-8%

1 year growth

4%

2 year growth

4%

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