Summary:
- Shrapnel, a game studio focused on web3 and blockchain gaming, has appointed a new CEO, Evan Spytma, who previously worked at Mythical Games.
- The studio has also raised $10 million in a funding round led by Andreessen Horowitz, with participation from other investors like Animoca Brands and Polygon Studios.
- The funding will be used to develop Shrapnel's flagship game, which is a first-person shooter built on blockchain technology and designed to integrate web3 features like player-owned assets and decentralized economies.