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Total Raised
$64.00M

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Shrapnel gameplay screenshot 1 – Battle Royale crypto game on Avalanche
Shrapnel gameplay screenshot 1 – Battle Royale crypto…

About Shrapnel

Shrapnel is a free-to-play, team-based extraction shooter developed by Neon Machine and available on Steam. Set in 2038 following an asteroid strike on the moon, meteorite bombardment creates a 500-kilometre devastated zone called The Sacrifice Zone. Squads deploy into this zone to extract Sigma, a volatile substance, and escape alive. The development team's portfolio includes contributions to Call of Duty, CS-GO, Halo, BioShock, Ghost of Tsushima and Forza.

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How to play Shrapnel

The core loop centers on extraction: drop into the zone, gather Sigma while facing opposing squads, and exit successfully with your collected materials. Shrapnel ties extraction directly to permanent progression—successful extractions strengthen both the squad and individual abilities, creating compounding advancement rather than one-time payouts. Players field Operators leveled for special perks and carried across matches. Published metrics show 3.7 million sessions, 943,000 Sigma extracted and 37 million shots fired.

Ownership and marketplace

The economy is built on authentic item ownership rather than reward drips. Cosmetics and playable Operators are owned by players and traded on the Shrapnel Marketplace, where 384,000 items have been sold. Two in-game systems service this marketplace: a Printer crafting mystery rewards, and a Recycle Depot converting unwanted items into alternatives. Player wealth accumulates in held Operators and cosmetics resalable on the marketplace, not in per-match payments.

Status: Live
Editorial Verdict
Shrapnel is a free-to-play competitive first-person shooter from Neon Machine, set in a storm-ravaged 2038 exclusion zone where squads compete for Sigma, a world-altering resource. Descriptions casting it as a base-builder with resource gathering and troop training are inaccurate: the current build is a 4-versus-4 objective shooter where the headlining mode, Stockpile,…
Read the full verdict

Shrapnel is a free-to-play competitive first-person shooter from Neon Machine, set in a storm-ravaged 2038 exclusion zone where squads compete for Sigma, a world-altering resource. Descriptions casting it as a base-builder with resource gathering and troop training are inaccurate: the current build is a 4-versus-4 objective shooter where the headlining mode, Stockpile, centers on accumulating and defending materials under fire rather than constructing anything.

The most critical thing to understand is the game has undergone substantial rebuilding. The Steam Early Access release from March 2026 ships with no blockchain features, and it does not inherit NFTs minted on Avalanche or progress from earlier playtests. Token and asset systems have since migrated to different infrastructure, so anything purchased or earned in the original iteration should be considered disconnected from the current playable version.

What exists presently is a polished, small-scale shooter with skill-based matching, varied loadouts and account-level progression, but a limited content foundation: few maps, a planned short Early Access window, and pending features including voice integration and battle pass systems. Best for shooter enthusiasts comfortable with an unfinished ecosystem.

EG
eGamers Editorial TeamIndependent review

Gameplay Breakdown & Analysis

Independent assessment by eGamers game testing guild

What We Like
  • Player-owned Operators and cosmetics trade on official marketplace with verified transaction volume
  • Extraction-based progression compounds with successful zone extractions
  • Developed by veterans of major competitive shooter franchises
  • Crafting and item transformation systems create dynamic asset utility
  • Verifiable player economy with transparent transaction counts
What to Watch
  • Exclusive to one blockchain with unclear asset portability to alternative chains
  • Competitive Operator rosters likely require marketplace acquisitions
  • Extraction-mode gameplay demands coordinated squad communication
  • Persistent PvP threat in the Sacrifice Zone challenges newer players
  • Targeted primarily at blockchain-native gaming audiences
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Funding & Backers

Total Capital: $64.00M
RoundDateRaisedLead BackersValuation
Funding roundAug 2025$19,500,000
Gala GamesPolychain CapitalGriffin Gaming Partners
-
Series AOct 2023$20,000,000
Polychain CapitalIOSG VenturesBrevan Howard Digital+3
-
Funding roundOct 2023$7,000,000
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Funding roundApr 2022$7,000,000
DragonflyDOUBLETOPThree Arrows Capital+2
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Funding roundNov 2021$10,500,000
Griffin Gaming PartnersPolychain CapitalForte
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Player Reviews & Scores

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Frequently Asked Questions

How do I start playing Shrapnel?

Sign up at shrapnel.com with your name, nation, birth date, username, and password. Download the client and log in. It's in Early Access, so new features roll out steadily.

How does a match of Shrapnel work?

Teams of four clash over Sigma, a scattered volatile substance. First side to bank 300 grav-kilos takes the round on an impact-zone arena.

Do I need a crypto wallet to play Shrapnel?

No — just a Shrapnel.com login. A wallet only matters if you buy, store, or sell digital cosmetics.

What is SHRAP and how can players earn from Shrapnel?

SHRAP is the utility coin for trades, voting, and sharing community creations. Money mostly comes from the creator economy — making and selling skins, arenas, and cosmetics — not from playing.

Is Shrapnel still active, and is it worth playing?

Yes, it's under active work in Early Access since March 2026 with a public schedule for new mercs, guns, and arenas. Give it a shot if you like competitive gun games and can tolerate rough edges; the initial build has few maps and chars.

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