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As game developer <strong>Phat Loot Studio<\/strong> runs out of runs of funds due to the crypto crash, the play-to-earn mechanics of the game have been put on indefinite hold.\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"wp-block-embed__wrapper\">\n<noscript><\/p>\n<div class=\"jeg_video_container jeg_video_content\"><iframe loading=\"lazy\" title=\"Untamed Isles Teaser Trailer - Monster taming MMORPG\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/FSJOK0VUDtY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<p><\/noscript>\n<\/div>\n<\/figure>\n<p>Last August, the game was announced on a <strong>Kickstarter. <\/strong>The game takes a different approach from <strong>Pokemon<\/strong>, as there aren\u2019t any fixed species of monsters. The monsters are created with a number of different body parts and unique traits; all of them have unique aesthetics and perks.<\/p>\n<p>According to Phat Loot Studios, Untamed Isles is<strong><em> \u201cgame first, crypto second,\u201d<\/em><\/strong> as they don\u2019t require the players to force with the blockchain aspects of the game. In its Kickstarter, it was mentioned that the game would have play-to-earn capabilities as it was supposed to allow you to tokenize any monster or in-game items that you could sell and trade as an NFT.\u00a0<\/p>\n<p><strong>Josh Grant<\/strong>, studio head at Phat Loot, admitted that the<strong> game relied heavily on crypto investors,<\/strong> and the recent crash has caused those investors to back out. You can <strong>read the official statement from Phat Loot<\/strong>.\u00a0\u00a0<\/p>\n<p><em>\u201cSince we started the journey in 2020, the economic landscape has changed dramatically, generally and specifically for cryptocurrency, and we are not confident in the current market. We ran out of financial resources, and we can\u2019t carry on the development at this moment,\u201d <\/em>said <strong>Josh Grant<\/strong>.\u00a0<\/p>\n<p><em>\u201cWe leaned into the crypto market and expanded rapidly off the back of the positive interest. When the crash came, we ended up heavily exposed to too short of a runway. The game remains game-first, crypto-second in design, but crypto funds have become, and remain, essential in getting us to the release,\u201d<\/em> he added.\u00a0<\/p>\n<p>He also clarified that none of the funds had been used to play in the crypto market; they used everything they received and spent it on the game\u2019s development. Grant said that after investors back out, there is no source of income for the game \u2013 the development has to stop.\u00a0<\/p>\n<p>What\u2019s more concerning is that <strong>Kickstarter backers won\u2019t get any refunds<\/strong> either. The reason is that all the funds have been spent on development; no money is left to return. Backers are now furious as they discover this \u2013 many of them didn\u2019t know how all this worked.\u00a0<\/p>\n<p>Untamed Isles was supposed to launch the early access on Steam on October 6. Now the launch is on hold (for God knows how long.\u00a0<\/p>\n<h4 id=\"stay-always-up-to-date\"><strong>Stay always up to date:<\/strong><\/h4>\n<p>\ud83d\udcf0 <strong>Don\u2019t Miss a thing<\/strong>: Join the News-Telegram Channel or The Discussion Group.<\/p>\n<p>\ud83d\udc25<strong>In Your Feed<\/strong>: <a href=\"https:\/\/twitter.com\/egamers_io\" data-type=\"URL\" data-id=\"https:\/\/twitter.com\/egamers_io\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Follow us on Twitter<\/a>, Facebook &amp; Instagram.<\/p>\n<p>\ud83d\udcfa <strong>Let\u2019s Watch<\/strong>: Youtube Subscribe &amp; Chill.<\/p>\n<p>\ud83c\udf99\ufe0f<strong>Useful Channels<\/strong>: NFT Giveaway Channel &amp; Early Adopter Opportunities Channel.<\/p>\n<p>\ud83d\udd79\ufe0f<strong>Gaming Guild &amp; Scholarships<\/strong>: Join our Discord.<\/p>\n<p>\ud83d\udceb<strong>Saturday<\/strong> <strong>Mail Recap<\/strong>: Subscribe for the Blockchain Gaming Digest.<\/p>\n<h4 id=\"disclaimer\"><b>Disclaimer:<\/b><\/h4>\n<p>We use affiliate links when possible. At no cost to you, we may earn some crypto or nfts.<\/p>\n<p>While we strive for the accuracy of the content, we provide it \u201cas-is.\u201d We take no responsibility for any actions or results. We write about games, treat them as games. We don\u2019t give investment advices. Always do your own, extensive research.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async defer src=\"https:\/\/platform.instagram.com\/en_US\/embeds.js\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/egamers.io\/crypto-game-untamed-isles-pauses-development-as-crypto-crash-causes-investor-to-back-out\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Untamed Isles is a Pokemon-style MMORPG taking a more \u201cadult\u201d approach to the genre. As game developer Phat Loot Studio runs out of runs of funds due to the crypto crash, the play-to-earn mechanics of the game have been put on indefinite hold.\u00a0 Last August, the game was announced on a Kickstarter. The game takes [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":29347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/egamers.io\/wp-content\/uploads\/2022\/08\/Untamed-Isles.jpg","fifu_image_alt":"","footnotes":""},"categories":[575],"tags":[],"class_list":["post-29346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-gaming"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crypto Game Untamed Isles Pauses Development As Crypto Crash Causes Investors To Back Out - eGamers.io - Gaming News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pley2win.com\/?p=29346\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Game Untamed Isles Pauses Development As Crypto Crash Causes Investors To Back Out - eGamers.io - Gaming News\" \/>\n<meta property=\"og:description\" content=\"Untamed Isles is a Pokemon-style MMORPG taking a more \u201cadult\u201d approach to the genre. 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As game developer Phat Loot Studio runs out of runs of funds due to the crypto crash, the play-to-earn mechanics of the game have been put on indefinite hold.\u00a0 Last August, the game was announced on a Kickstarter. The game takes [&hellip;]","og_url":"https:\/\/pley2win.com\/?p=29346","og_site_name":"Gaming News","article_published_time":"2022-08-20T01:03:01+00:00","og_image":[{"url":"https:\/\/egamers.io\/wp-content\/uploads\/2022\/08\/Untamed-Isles.jpg","type":"","width":"","height":""}],"author":"pley2win","twitter_card":"summary_large_image","twitter_image":"https:\/\/egamers.io\/wp-content\/uploads\/2022\/08\/Untamed-Isles.jpg","twitter_misc":{"Written by":"pley2win","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pley2win.com\/?p=29346#article","isPartOf":{"@id":"https:\/\/pley2win.com\/?p=29346"},"author":{"name":"pley2win","@id":"https:\/\/pley2win.com\/#\/schema\/person\/abf11620d7b4805f5f298fb9c0a56d0d"},"headline":"Crypto Game Untamed Isles Pauses Development As Crypto Crash Causes Investors To Back Out &#8211; eGamers.io","datePublished":"2022-08-20T01:03:01+00:00","mainEntityOfPage":{"@id":"https:\/\/pley2win.com\/?p=29346"},"wordCount":569,"commentCount":0,"publisher":{"@id":"https:\/\/pley2win.com\/#\/schema\/person\/abf11620d7b4805f5f298fb9c0a56d0d"},"image":{"@id":"https:\/\/pley2win.com\/?p=29346#primaryimage"},"thumbnailUrl":"https:\/\/egamers.io\/wp-content\/uploads\/2022\/08\/Untamed-Isles.jpg","articleSection":["Crypto Gaming"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pley2win.com\/?p=29346#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pley2win.com\/?p=29346","url":"https:\/\/pley2win.com\/?p=29346","name":"Crypto Game Untamed Isles Pauses Development As Crypto Crash Causes Investors To Back Out - eGamers.io - Gaming News","isPartOf":{"@id":"https:\/\/pley2win.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pley2win.com\/?p=29346#primaryimage"},"image":{"@id":"https:\/\/pley2win.com\/?p=29346#primaryimage"},"thumbnailUrl":"https:\/\/egamers.io\/wp-content\/uploads\/2022\/08\/Untamed-Isles.jpg","datePublished":"2022-08-20T01:03:01+00:00","breadcrumb":{"@id":"https:\/\/pley2win.com\/?p=29346#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pley2win.com\/?p=29346"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pley2win.com\/?p=29346#primaryimage","url":"https:\/\/egamers.io\/wp-content\/uploads\/2022\/08\/Untamed-Isles.jpg","contentUrl":"https:\/\/egamers.io\/wp-content\/uploads\/2022\/08\/Untamed-Isles.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/pley2win.com\/?p=29346#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pley2win.com\/"},{"@type":"ListItem","position":2,"name":"Crypto Game Untamed Isles Pauses Development As Crypto Crash Causes Investors To Back Out &#8211; 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