GamersNexus: "At PAX East 2015, we had a chance to sit down with Garriott to talk Shroud of the Avatar, its current news, and the forthcoming release schedule."
From MassivelyOP: "The waters surrounding Shroud of the Avatar continue to get muddier after a letter to investors of the game from equity crowdfunding platform SeedInvest was vaguely discussed by Catnip Games’ Chris Spears.
Readers will recall that in 2017, SOTA’s original company, the Richard Garriott-backed Portalarium, ran a nearly $800K equity crowdfunding investment round through SeedInvest. But Portalarium folded and transferred the game to Catnip in 2019 following a series of calamities, including layoffs, free-to-play, whaling, playerbase collapse, delayed rewards, Richard Garriott stepping down, the new CEO denying his role, and shuttered offices. As we have continued to cover ever since, Portalarium was legally bound to make reports to the SEC and SeedInvest but instead left its own non-accredited investors in the lurch. Last week, SeedInvest told backers Portalarium had failed to provide those required updates – the first time the platform had made any public statements about Portalarium’s delinquency at all."
Richard Garriott, better known as Lord British, has been working on his MMO Shroud of the Avatar: Forsaken Virtues for some time. However, it's been announced that he has passed the game on to a new studio known as Catnip Games.
Shroud of the Avatar: Forsaken Virtues is an MMORPG that was released on PC back on 27 March 2018, and is still a relatively new title in regards to its competition. Designed to be a more classic and old-school MMORPG, Shroud of the Avatar decides to use many ideas from previous MMO’s that were popular and prominent in games of the genre back in the early 2000s. Whether that stacks up in 2018 remains to be seen, however.