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Chronicles of Elyria: Indie Developer Soulbound Studios closes shop, fails to deliver after $8 millions USD in crowdfunding

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As some of you already know, Jeromy "Caspian" Walsh, founder and CEO of Soulbound Studios LLC recently closed shop with nothing to show after 5 years and 8 millions+ in crowdfunding, blaming pretty much everyone but himself: https://chroniclesofelyria.com/news/34919/State-of-Elyria-Into-the-Abyss

This happened mere DAYS after that "pre-alpha experience" was launched. It was really close to something a junior could have slapped together using (mostly free) store assets in UE4. Plus a bunch of security issues.

Jeromy says they ran out of money, yet in the 6 months prior to closure, they grossed in 1.6+ million USD …


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