According to Cointelegraph, the creators of the upcoming blockchain game Shrapnel, a AAA first-person extraction shooter, will restrict cash out options for United States-based players to avoid potential issues with the country's securities regulator. The game is set to launch in early access in December and will be unrestricted for players from Europe and Asia. However, US players will not be able to cash out their earnings, according to Shrapnel Head of Economy Francis Brankin in a September 13 interview with Cointelegraph at Token 2049.
Brankin hopes the issue will be temporary and that Neon, the team behind Shrapnel, will soon enable US users to transfer capital accrued from the game to their bank accounts. Shrapnel is set in a 2038 Earth where players scavenge for loot and attempt to extract their winnings while being hunted by enemies and other players. The game also allows gamers to build open economies and possess intellectual property rights over in-game assets.
Neon chose Avalanche for its scaling capabilities, as Shrapnel can currently process 2 million transactions per hour (555 TPS), which is sufficient for now but will be easier to scale up on Avalanche in the future. The early access version of the game will launch in December for paid users before evolving into a free-to-play game. Despite the limitations imposed on US users, the co-founder of Sandbox told Cointelegraph that the metaverse and gaming are thriving in Asia, particularly in Hong Kong, South Korea, and Japan.
