Like the virus plaguing the world right now, Chronicles of Elyria's downfall sprung up out of nowhere. Thousands of crowdfunders are left with a sour taste in their mouth as COE pulls its plug just 5 days after the launch of Pre-Alpha. COE raised over 8 million in funding over the 4 years of development but alas, Soulbound Studios closed its doors.
"But to our great sadness.... with the failure of Settlers of Elyria, and five long months of only limited crowdfunding revenue coming in, Soulbound Studios has officially run out of money. Last night I was forced to do something I never thought I'd have to do. I closed the online store, put the SoE map back into read-only mode, and laid off all the employees…"
It's a sad state of affairs and we are really heartbroken to see this one fall. On the bright side, Ashes of Creation just got a lot more popular pushing it closer to our chapter goal.
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