Online game offering 'cash for kills' runs out of money and goes into receivership.
Kwari, the 'cash for kills' online FPS which offered players the chance to win money by betting on their performance, has closed just a year after it launched.
The company behind game, designed in the UK but managed by Australian web firm Micro Forte, has reportedly gone into receivership.
The business had expected to make money by asking players to pay for bullets used during gameplay, but clearly the company ran out of ammo itself.
GamesIndustry.biz reports: Kwari, the skill-based online site that was set to launch at the beginning of this year, has gone into receivership.
The project, which had aimed to provide gamers with a free-to-play first-person shooter game in which contestants would wager on the outcome of matches using microtransactions, failed to spark as a successful business model.
The company had intended to make money by charging for the purchase of in-game ammunition, with players taking any winnings made on the match bets and other jackpots available.
MTV Multiplayer writes: "Ever wanted to translate your gaming skills into dollar bills?
Now's your chance.
In the online multiplayer first-person shooter called "Kwari," players go can head-to-head to win jackpots of cash.
Launched in early January in Europe, "Kwari" is a free downloadable game - but you have to spend money to make money. The ammo will cost you five bucks for 5,000 bullets, and that's the only cut that publisher Kwari Limited gets. The money for the jackpots is pooled together from real money spent on in-game goods - weapons, health upgrades and self-inflicted injuries - and it stays strictly in-game. With Visa, Mastercard and PayPal on board, "Kwari" looks to set its sights beyond Europe."
There's a free version, but without the incentive of profit there's no reason to put up with such a dated, remarkably clunky shooter. With only one game mode at launch, and so few playing, right now there isn't much point in putting up with the commercial version, either.