Hello everyone!
Today we’re going to give you a general update on the studio and our progress on Grey Eminence. As you know, we’ve been continuously trying to raise capital behind the scenes to finish the game – both from venture capital funds and from publishers. During this time, we maintained a slow but steady pace of development thanks to the generous contributions of our patrons.
Since we’ve been unable to raise the necessary capital and since our Patreon isn’t large enough to crowdfund the game on its own, we feel it’s time to move on to Plan C – obtaining the capital to finish the game ourselves.
In practice, this means that the development of Grey Eminence will be paused, since it consumes capital rather than producing it. We want to stress that this does not mean that Grey Eminence is cancelled, nor does it mean that we’re disbanding the studio or have gone bankrupt.
While Grey Eminence’s development is paused, we’ll be taking up commissioned work for third parties to develop smaller Unity DOTS-based games. This will bring in the necessary revenue to pay down our studio’s debts and will accumulate surplus profits with which we will eventually resume Grey Eminence’s development.
The next announcement you’ll hear from us is when we’ve definitively secured funding for the game. Thank you.