John Smedley Raises $30.5M For New Game On Etherlink
Summary
John Smedley, former CEO of Daybreak Game Company, is entering Web3 gaming with a new AAA shooter called Reaper Actual, developed by Distinct Possibility Studios (DPS). The studio has raised $30.5 million in funding led by Bitkraft and Brevan Howard. The game will utilize the Tezos layer-2 blockchain Etherlink to incorporate tradeable Web3 components such as characters and skins. Smedley emphasizes the importance of the game itself, aligning with Etherlink's tagline: "Play, Own, Trade." Smedley is known for co-creating EverQuest and developing PlanetSide 2. Reaper Actual will launch on Steam, the Epic Games Store, and its website. An Alpha release, featuring access to the game and on-chain tradeable assets, will be announced soon.
