Neon Machine, the original blockchain-based first-person shooter studio shrapnel, Ahead of the game's planned launch of free-to-play in 2025, it has announced a major leadership change.
Ken Rossman, who because of his experience with xbox Titami was appointed as the new CEO. Meanwhile, co-founder and outgoing CEO Mark Long will transition into an advisory role to provide ongoing support during this critical phase of development.
In addition to the appointment of a CEO, the company is preparing for a new round of fundraising and dealing with ongoing legal disputes, marking a critical period in its development.
Source: ShrapnelWhy is Neon Machine appointing a new CEO?
The studio says the leadership changes reflect the need for a focused approach to finalize the game and ensure expectations are met for its full release. Rosman, who is known for his work on games like Halo War and sunset overdrive, will be tasked with overseeing operations as Shrapnel moves from initial access to its planned global rollout.
“As we approach the launch of Shrapnel, it's time for new leadership,” said Mark Long, co-founder and former CEO of Neon Machine.
With more than 30 years of industry experience, Rosman has led successful projects for major titles during his tenure at Microsoft's Xbox division. His leadership will focus on the operational execution and management of live services, elements critical to the launch and ongoing support of Shrapnel.
The company also announced additional leadership roles with Dave Johnson to lead the company shrapnel While CTO Don Norbury will shift his focus to the studio's Moonshot platform.
Source: ShrapnelAdditional funds and ongoing legal disputes
Along with the leadership changes, Neon Machine is raising additional funding to support its future operations and goals.
Funding round by Avalanche Ecosystem Fund, in partnership with existing investors Griffin Gaming Partners and Polychain Capital. Details of this round will be revealed in early 2025 after the previous raise $20 million in October 2023.
The studio also involved a Legal dispute in progress With former shareholder Cort Javarone, CEO of 4D Factory. In late 2023, Neon Machine accused Javarone of trying to take control of the company, with Javarone responding that the studio's leadership had acted without board approval.
While Neon Machine isn't sharing more details on the matter, they predict an update in early 2025.
