Singapore-Based Studio Fntastic Shuts Down 5 Days After Disastrous Video Game Launch

Singapore-based video game studio Fntastic has announced its closure just five days after the launch of its highly-anticipated game, The Day Before.

Credit: Facebook/Mytona

The company, which was created in Russia and headquartered in Singapore, made the announcement in a statement on X, formerly known as Twitter.

Fntastic cited financial failure as the reason for the closure, stating that they lacked the funds to continue. The income received from the game was being used to pay off debts to their partners. The Day Before, an open-world post-apocalyptic survival massively multiplayer online game (MMO), was originally set to release in June 2022 but was delayed.

The game received overwhelmingly negative reviews on launch day, with users reporting game-breaking bugs, crashes, poor performance and multiplayer server issues. Despite being one of the most wishlisted games on Steam, the player count dropped significantly within four days of release. Gamers who had paid the early-access price of US$39 expressed their disappointment and demanded refunds. Fntastic's response to the criticism only fueled further backlash.

The publisher of The Day Before, Mytona, apologised for the game not meeting players' expectations and announced that they would work with Steam to offer refunds to dissatisfied players. Fntastic has since shut down its website and social media accounts. The game is still listed on Steam but is no longer available for purchase.

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• Singapore-based video game studio Fntastic has closed down just five days after the launch of its game, The Day Before.

• The closure was due to financial failure, as the company lacked the funds to continue.

• The Day Before received overwhelmingly negative reviews on launch day, with users reporting various issues.

Source: CNA