![]() ![]() With each design document we finalize, we move our community into a place where they'll be able to experience what it's like to manage a settlement or domain in Elyria."ĭespite the update, one major aspect of the CoE saga still looms large: the ongoing class action lawsuit filed by spurned backers. Namely, the land management mechanics such as zoning, agriculture, construction, and farming and the settlement management mechanics such as building management, resource & commodities, crafting, and contracts. The scope of Kingdoms of Elyria is almost entirely the things that are most important to our community. "I think that's the main reason why development on CoE feels so good right now. Caspian also talks about the workflows being used in production, as well as explains why he feels Chronicles of Elyria development is in a good place. The rest of the State of Elyria post details ongoing work on many of the assets players will potentially see in the upcoming alpha test still being planned, though now pushed to Q3. Walsh also mentions that they are gearing up to start talking to investors and publishers to inject some capital into the company. Citing the fact that some indie studios have survived off the back of a single developer, Walsh states that Kingdoms of Elyria, the standalone title that is supposed to feed into Chronicles of Elyria's development, is close enough that it just needs some engineering. So, for the second time in the history of Soulbound Studios, I began emptying my family's savings and liquidating our assets in an effort to fund the continued development of the game."Īs such, Walsh says that he's been injecting funds into the company to "keep Soulbound Studios alive." However, he also says that if the company runs out of money and they need to lay off their remote contractors, it won't be the end of Elyria. So much so, that I had a long conversation with my wife and we agreed that Chronicles of Elyria was worth our own livelihood to see it through. Almost six years into development, Chronicles of Elyria remains one of the most important and significant things in my life. "And here, I'm afraid, is where I have to make a confession. ![]() (As an aside, the official Soulbound Studios website states that the company is kept afloat by Jeromy's personal wealth, as well as a co-owned PPC business.) Walsh, though, states that this money has now run out, forcing him and his family to start pouring their own assets into the company - something that Walsh states has now happened twice in Chronicles of Elyria's development. The loan, according to Walsh, made it possible to carry on through 20. He directly challenges the assertion many backers have that there was a "giant stockpile of cash" from the crowdfunding days to pull from, instead addressing Soulbound Studios taking on a PPP loan during the pandemic. However, while the initial strategies were in place, Caspian details that there was "another abrupt increase" in the costs to the company, requiring even more of his attention. As a result, Caspian states that he effectively has had to stop his engineering duties in order to take on some "cost-cutting" to the business.īecause of this, the promised Alpha 2 was delayed as design work was put on hold to ensure that the company could, in effect, stay afloat. He details the struggle where he noticed that operating costs and more have increased, seeing his company hemorrhaging money with hosting costs and more. ![]() In the post, Walsh talks about the struggles Soulbound Studios has faced since he laid off the staff back in March of 2020. In the latest State of Elyria, Walsh tackles the issue of funding the MMO the last few years since stopping crowdfunding in 2020. ![]()
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