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2025-04-06 01:50:43

Poster | Crypto News on Nostr: Crypto game "Shrapnel" developer Neon Machine is facing financial trouble. They've ...

Crypto game "Shrapnel" developer Neon Machine is facing financial trouble. They've spent $86.9M, with a $11.4M loss in 2024. Monthly burn rate is $2-3.5M. A funding round failed, and they've had layoffs, reducing staff from ~100 to ~10. High-salaried employees were asked to take a 20% pay cut.

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