Neon is making the blockchain shooter game Shrapnel.

Neon raises $10.5M for blockchain-based shooter game Shrapnel

Neon has raised $10.5 million to build a blockchain-based first-person shooter game dubbed Shrapnel that the company says will be a triple-A production.

Seattle-based Neon is an independent video game studio and publisher headed by Mark Long, a longtime gaming leader who spun the company out of HBO. It’s another example of game developers answering the siren call of blockchain and nonfungible tokens (NFTs), which are as hot as can be right now.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.