The Inventory-Based Methods system (MVLA), a monster-catching MMORPG with play-to-earn mechanics, has been hit with indefinite hold after the crypto crash caused developer Phat Loot Studios to run out of funds. Kickstarter backers won’t receive one refund for the same reason.
Untamed Isles was launched in August last year on a Kickstarter. Unlike Temtem, the game is a little over the age of 18 and has many grown-up avatars. And, compared to Pokemon, there are no specific creatures on that list to catch. Instead, monsters are procedurally created with different body parts and unique personalities, all of which offer different perks and aesthetics.
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I hope this based game isn’t bad for anyone who wants more tidiets, but most of all has a story behind the afghanistan. If you want to turn off a monster or item, or sell it as an NFT on the internet. Phat Loot says Untamed Isles are “game-first, crypto-second” and there’s no requirement to connect players with blockchain.
While the Untamed Isles game might not have thrown much light into the fantasy, Phat Loot was unhappy with the fact that the studio did. In a statement, studio director Josh Grant admitted that Phat Loot relied on the support of crypto investors and a recent crypto crash has forced these investors to lose.
From our start in 2020, the economic landscape has drastically changed for the cryptocurrency market, and we aren’t confident in the actual market. We had a loss of financial resources and we can’t sustain this development either,” writes Grant.
“When we hit the crypto market, we reached a rapid rate. When the crash happened, we lost our eyes on the runway. The game is first and second in design, but all the money and the money required to release me have become invaluable.
Grant added that money was used for the blockchain trade and all they received was invested into the game’s development. But without new income sources, Phat Loot was forced to “hibernate this project’s development”.
Kickstarter supporters can’t give a refund, as it doesn’t simply cost a little money. The Eurogamer reports that backers are furious, as many of them were unaware of the Untamed Islands cryptic mechanics.
Untamed Isles was initially scheduled to start early on October 6 on Steam. That kick has gone on but a definite hold, but even if not, the ban on NFT Games against Valves would veto a precarious world of Untamed Isles.
