According to TechFlow, the Avalanche ecosystem multiplayer first-person shooter game SHRAPNEL released a community memo this morning to explain the company's recent situation. The company admitted that some employees had left recently, but emphasized that the core team still maintained the top level in the industry.

The memo mentioned that the legal dispute at the company's founder level is still ongoing, but control of the board has been restored and that the impact on the product team has been minimized.

SHRAPNEL stated that the current development focus is on improving game quality and usability, developing high-quality on-chain assets, and increasing the practicality of SHRAP tokens.

The company plans to hold an extended early access event in the fourth quarter of 2024 in preparation for the official free-to-play launch in the first half of 2025.