what's Shrapnel?
Shrapnel is a competitive, team-based extraction shooter game built on blockchain technology, developed by industry veterans. Set in a post-apocalyptic world where meteor showers deliver valuable Sigma resources, players act as elite Operators scavenging for these resources while battling rivals and surviving environmental hazards. The game emphasizes skill-based gameplay, with blockchain enabling player ownership of in-game assets through NFTs, such as character skins, weapons, and insignias, which can be crafted, traded, or used across sessions. Integration of Web3 elements allows for a player-driven economy via the SHRAP token, used for transactions, staking, and accessing premium features. Community tools support content creation, including custom maps and DLC, fostering ongoing engagement. Shrapnel combines high-fidelity graphics and fast-paced mechanics with decentralized ownership, ensuring transparency and interoperability in its virtual ecosystem.
Shrapnel partners with TCC for Olympic esports entry, represented at torch-relay.
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avalanche
ethereum
binance-smart-chain
Launches early access March 5, 2026. Hosts playtest February 25, 2026 with Gala X and $FIGHT, with limited access via free skin claim. Hosts playtest February 20, 2026 for claimants of the FIGHT Ambassador Blackout Edition Type 42 Revolver Zone Skin, and a playtest for FIGHT Ambassador Blackout Edition NFT claimable February 21, 2026.
Partnership with The Trusted Copyright Chain (TCC) established to support entry into Olympic esports, with TCC representing the project at the Olympic torch-relay ceremony in Athens, Greece.
Secures $19.5M funding round for global launch preparations.
Widespread undisclosed paid promotion campaign detected through gaming influencers.
New partnership establishes first NFT bridge to China's gaming market via GalaChain, with 10% of China revenue allocated to $SHRAP buybacks and $GALA powering cross-border operations.
Platform migrates to Gala Games ecosystem, enabling global launch capabilities.
Major restructuring with 66% team reduction and $11M loss signals significant operational distress.
First foreign Web3 game approved for China's official RWA Copyright Blockchain.
Cofounder actively dumping tokens, presenting significant selling pressure.
Project faces financial difficulties with millions in unpaid vendor debts and significant insider selling.
Co-founder dumps $672K tokens amid 98% price decline, failed fundraise, and mass layoffs; project faces legal troubles and 13.5M Q4 losses.
BitGo adds custody support for $SHRAP token, enabling institutional-grade security for in-game assets.
Parent company faces financial distress with $86.9M burn rate and millions in unpaid vendor debts.
Strategic pivot to Chinese market confirmed with government partnership, including separate game infrastructure and complete US market exit.
Becomes first licensed Web3 game in China through government partnership and RWA chain implementation.
Project faces severe challenges with legal issues from launch period and currently shows no signs of activity.