Shrapnel (SHRAP)

Gaming Use Case

Shrapnel is a competitive, team-based first-person extraction shooter game. It offers fast-paced, skill-based gameplay where players fight as Mercenary Extraction Force operators in a futuristic setting. The game features intense combat and strategic play.

In-Game Economy

The SHRAP token is the main utility token used within the Shrapnel platform. Players use SHRAP tokens to buy, sell, and trade in-game assets like weapons, gear, and skins in a community marketplace. These assets are often represented as NFTs, giving players ownership and the ability to trade or sell them.

Player-Created Content

Shrapnel supports player creativity by allowing users to create, mint, and promote unique skins, gear, and custom maps as NFTs. This helps build a community-driven ecosystem where players contribute content and shape the game's future.

Blockchain Integration

Built on the Avalanche blockchain, Shrapnel uses blockchain technology to enable true ownership of digital assets and a decentralized marketplace. Players can engage with the crypto side or play the game without interacting with blockchain features.

Token Utility

SHRAP tokens serve as the medium of exchange for in-game transactions and are used to reward player participation and content creation. The token also supports the game's economy and development roadmap.

For more details, visit Shrapnel's official website.

Pros of Shrapnel

• Developed by award-winning veterans with experience on big franchises like Halo and Call of Duty.
• Combines fast-paced, skill-based gameplay with blockchain technology.
• Features a community marketplace where players can buy, sell, and trade in-game items as NFTs.
• Offers creator tools for players to design and mint their own game content.
• Uses Avalanche blockchain for smooth and secure transactions.
• Allows players to earn Shrapnel tokens through gameplay and owning digital assets.
• Early access and ongoing updates promise new features and DLC content.

Cons of Shrapnel

• Still in early access, so some game mechanics and visuals are not fully polished.
• Inventory system can feel outdated and slow, affecting gameplay flow.
• Token price and market can be volatile, influenced by supply, demand, and market conditions.
• The project has faced financial challenges and layoffs, which may impact development speed.
• Some players report server or login issues during early access.
• Localization and regulatory challenges in certain markets like China may affect game content.

Overall, Shrapnel offers a unique mix of competitive gaming and blockchain features but is still evolving with room for improvement.

Founders of Shrapnel

Shrapnel was founded in 2021 by Calvin Zhou and Naomi Lackaff. The development team behind Shrapnel includes industry veterans with experience on popular games like Call of Duty, Halo, and Star Wars. The studio behind Shrapnel is Neon Machine, which was spun off from HBO Interactive. Key founding members of Neon Machine involved in Shrapnel include Don Norbury (CTO and Studio Head), Colin Foran (Chief Creative Officer), Aaron Nonis (COO), Mark Yeend (CMO), Naomi Lackaff (Head of Business Development), and Mark Long (CEO).

Investors in Shrapnel

• Venture Capital Firms: Polychain Capital led the Series A funding round, contributing significantly to Shrapnel's $20 million raise. Griffin Gaming Partners also participated in earlier seed rounds.
• Gaming-Focused Investors: Griffin Gaming Partners and Polychain Capital have backed Shrapnel, reflecting confidence in its blend of gaming and blockchain.
• Angel Investors: Notable individuals such as Keith Nunziata (Citadel Global Equities) and Jason Zhao (Kleiner Perkins) have invested in Shrapnel.
• Company Background: Shrapnel is developed by Neon Machine, a studio spun off from HBO Interactive, which has raised over $17 million in total funding so far.

These investors support Shrapnel’s goal to create a high-quality blockchain-based shooter game with true player ownership.

Halal Status of Shrapnel

• Yes, Shrapnel is considered halal according to available Shariah analysis sources.
• This is because it functions as a utility token within a gaming ecosystem without involving interest (riba) or prohibited activities.
• However, final personal decisions should consider individual beliefs and further consultation with Islamic finance experts.