Web3 extraction shooter SHRAPNEL have launched their asset marketplace, allowing players to trade on-chain weapon skin fragments and weapon skins in-game using the ecosystem’s native $SHRAP tokens.
SHRAPNEL sees players fight one another to collect loot and escape the map with their takings, in a similar vein to popular titles like Escape from Tarkov.
Developed by Neon Machine, and featuring a team of BAFTA and Emmy Award-winning talent, the game utilises the Layer 1 blockchain Avalanche ($AVAX), and is currently in Early Access, scheduled for a full release in 2025.
Additional Utility for $SHRAP
SHRAPNEL is powered by its native $SHRAP token – ERC-20 tokens on the Avalanche C-chain – and are awarded to players through gameplay.
Players are able to create content for SHRAPNEL, such as weapon skins, maps and vanity items, which are minted on-chain and available to purchase via the in-game marketplace using $SHRAP tokens, enabling gas-free transactions.
$SHRAP can also be used to ‘vote’ for player-created content, boosting its discoverability and increasing rewards for both the content’s creator and the votee.
Could SHRAPNEL be the leading web3 gaming title?
We interviewed SHRAPNEL co-founder Naomi Lackaff back at NFT.NYC 2023, just after the game’s first public debut at GDC 2023. At the time, SHRAPNEL was riding on a wave of community excitement – and that has only grown since then.
The team launched their $SHRAP token in November 2023, raising $20M via a Series A later that month. The token enjoys a market cap just shy of $24M today, with Daily Volume of over $3M and a fully-diluted market cap approaching £300M, at the time of writing.
SHRAPNEL has been received well thus far, and has gathered a series of awards despite not yet being fully released, including the Most Anticipated Game of 2022 and 2023 crowns at the GAM3 Awards.
COO & founder of NFT Insider. Bullish on web3. Competitive soul.