Avalanche Gaming Studio Neon Machine Names Xbox Veteran Rosman as CEO

Former Netflix Executive Mark Graff Takes Helm as Game Studio Eyes $20M Investment Round

  • Neon Machine has appointed Ken Rosman, former Microsoft Xbox veteran, as CEO ahead of Shrapnel’s 2025 launch.
  • Former CEO Mark Long moves to advisory role as the company prepares for free-to-play release.
  • New funding round led by Blizzard Avalanche Ecosystem Fund with Griffin Gaming Partners and Polychain Capital participating.
  • Dave Johnson to lead Shrapnel project while Don Norbury oversees Moonshot Web3 development tools.
  • Company faces ongoing legal dispute with majority shareholder Cort Javarone of 4D Factory.

Neon Machine, developer of Avalanche-based shooter Shrapnel, has appointed former Microsoft Xbox veteran Ken Rosman as CEO, replacing co-founder Mark Long who will serve as advisor. The leadership change comes as the company prepares for its free-to-play launch in 2025 and secures new funding from blockchain investors.

- Advertisement -

Strategic Leadership Restructuring

Rosman brings 20 years of gaming industry experience, including work on titles like Halo Wars and Sunset Overdrive at Microsoft’s Xbox division. The restructuring also positions Dave Johnson as Shrapnel project lead, while CTO Don Norbury will manage the company’s Moonshot Web3 game development toolkit.

A Neon Machine spokesperson emphasized the need for “extreme focus on execution” during the launch phase, citing Rosman’s expertise in:

  • Global live operations management
  • Retention mechanics implementation
  • Feature evolution
  • Partnership development

Blockchain Integration and Financial Backing

The first-person shooter, available in early access on Epic Games Store since February, operates on a dedicated Avalanche L1 chain. The game incorporates blockchain elements through:

  • SHRAP token integration
  • NFT-based in-game assets
  • Player-designed item ownership

The company is securing additional funding in a round led by the Blizzard Avalanche Ecosystem Fund, with participation from Griffin Gaming Partners and Polychain Capital. This follows a $20 million raise led by Polychain in October 2023.

The leadership changes occur amid legal proceedings with majority shareholder Cort Javarone, CEO of 4D Factory. The dispute, which began in November 2023, involves allegations of attempted corporate control, though Neon Machine maintains the situation isn’t affecting development efforts. The company expects to provide updates on both the legal matter and funding details in Q1 2025.

✅ Follow BITNEWSBOT on Facebook, LinkedIn, X.com, and Google News for instant updates.

- Advertisement -

Previous Articles:

Stay in the Loop

Get exclusive crypto insights, breaking news, and market analysis delivered straight to your inbox. No fluff, just facts.

    1 Email per day. Unsubscribe at any time.

    - Advertisement -

    Latest News

    China Orders Firms to Halt Stablecoin Research, Tightening Clampdown

    Chinese regulators have told local firms to stop publishing research and holding seminars about...

    60 Malicious Packages Target RubyGems, PyPI in Credential Theft Campaign

    Sixty malicious software packages targeted the RubyGems platform by disguising as automation tools for...

    Standard Chartered, Animoca JV Apply for Hong Kong Stablecoin License

    Standard Chartered Bank, Animoca Brands, and HKT have applied for a stablecoin issuer license...

    GreedyBear Malware Uses Fake Firefox Wallet Extensions to Steal $1M

    A campaign using over 150 fake Firefox extensions stole more than $1 million in...

    Ripple XRP Soars 11% as SEC Case Ends, Trump 401k Order Lifts Hopes

    XRP price surged 11%, reaching $3.34 amid rising trader interest. Dismissal of appeals by Ripple...

    Must Read

    9 Best Trading Platforms for Crypto Beginners

    Many newcomers to the crypto space are looking for platforms to buy, sell and exchange cryptocurrencies. While there are hundreds of crypto exchanges around...