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Project Ghost’s Funding Search Stalls as Greg Street Warns of Industry Drought

Street blames recent oversized flops for drying up deals across game development funding.

Overview

  • Fantastic Pixel Castle has not secured new backing after NetEase cut funding and publishing support earlier in October.
  • Street says his team is cohesive with a proven track record, stable tech, and the game about halfway through development, yet funding remains unavailable.
  • He writes that almost nobody is making deals right now and that the few happening are very small.
  • He confirms active pitches to publishers and notes a contingency for a downscoped launch that would not be a full MMO at first.
  • Veteran developers including Raph Koster, Bill Roper, Rich Vogel, David Gaider, and John Romero have voiced similar funding struggles, pointing to a broader industry contraction.