It’s been nearly three years since we last heard about a promising MMORPG from Phat Loot Studios, which initially gained attention in July 2022. However, the game resurfaced in August of that year with concerning news: the studio had lost its funding due to crypto issues and was forced to put the game on indefinite hiatus.
This week, the sport that had gone quiet for a while has experienced a resurgence and is poised to enter a new phase of growth, as its rights have been acquired by Gen3 Games, a development studio dedicated to creating blockchain-based games, NFTs, and Web3 experiences.
As many of you likely shared our sentiment, we experienced profound disappointment when play ceased, and concurrently recognized the immense possibilities that this sport possesses. That’s why we’re committed to revitalizing our efforts to breathe new life into this initiative, staying loyal to its original essence while meticulously planning a path forward that balances vision and feasibility.
Although specifics on the new studio’s strategy for success remain undisclosed, the developer’s blog does confirm that it is adapting the game’s scope to “refine and prioritize the game’s core features” in a sustainable manner, suggesting the possibility that the title may abandon its Massively Multiplayer Online Role-Playing Game (MMORPG) ambitions. Despite promising extra particulars on a couple of phased growth methods and new options, the statement has an air of uncertainty that may lead followers to question whether they’ll be presented with yet another hurdle to navigate.