EverQuest and PlanetSide Creator Developing New Web3 Shooter with $30.5 Million Investment
Date: 2025-07-04 Author: Oliver Abernathy Categories: BLOCKCHAIN
The Distinct Possibility Studios team, led by John Smedley, who was previously behind EverQuest and PlanetSide, was able to attract $30.5 million in investments to develop their new shooter Reaper Actual Foundation. This became known from a press release published by Cointelegraph.
The key investors in the round were Bitkraft and Brevan Howard. These funds will allow the studio to complete work on a AAA-MMOFPS with an open world and deep Web3 integration. The game has been in development for about two years, and the developers plan to present an alpha version in the near future.
A special feature of the project will be the ability to exchange tokenized game items. Users will be able to trade skins and even entire bases released on the Etherlink network. This approach, according to the creators, will give players more freedom in managing in-game assets and strengthen the element of ownership.
John Smedley noted that cooperation with the Tezos Foundation and the Etherlink team is based on a common view of the gaming industry. According to him, both parties adhere to the concept where the priority is gameplay and user rights, which is reflected in their motto: "Play, Own, Trade".
The full launch of the Reaper Actual Foundation is scheduled for early 2026. Until then, the developers plan to form a stable core community. To access the game, you will need to purchase a base with a unique character, but in the future the project is planned to be made free, opening access to a wide audience.
The editors of Incrypted also emphasized that investor interest in the Web3 direction remains high: in June alone, projects in this segment attracted $2.8 billion. Against this background, the new initiative of Smedley's team looks quite promising and is capable of taking a prominent place in the multiplayer shooter market.
Thus, the industry continues to evolve towards the integration of blockchain and gaming technologies, providing players with new opportunities to own and trade digital assets. It remains to wait for the release of the alpha version to evaluate how the ideas of the Distinct Possibility Studios team will be implemented in practice.
