Chronicles of Elyria

Chronicles of Elyria had a Kickstarter campaign from May 3 to June 3, 2016[5] raising $1.36 million, surpassing their goal of $900.000. However, developing an massively multiplayer online role-playing game of the quality Soulbound Studios was aiming for requires more than that[6] and so the company continued crowdfunding on their website and raised over $7.7 million as of October 2019.[7] Pre-production ended in November 2016 at which time active production began.

After being delayed from its tentative December 2019 date, a special virtual land auction event called "Settlers of Elyria" was launched on March 12, 2020.[8] On March 20, Soulbound Studios released a pre-alpha, gray box demo showcasing parkour mechanics.[9] Four days later, Soulbound Studios announced the closure of the studio, complete staff layoffs and the indefinite hiatus of the project.[4] In response to the perceived lack of delivery of a tangible product after years of development and millions of dollars in funding, as well as the close succession of the land auction, demo and abrupt studio closure, hundreds of backers of Chronicles of Elyria began to organize and explore legal avenues to take against Soulbound Studios and Jeromy Walsh. Within days, the office of the attorney general of Washington had received hundreds of filed complaints - amidst the highest in the state's history.[10] On April 9, Walsh released a new statement, claiming that his announcement was misinterpreted and that he would be pursuing continuing the project by having former staff members continue their work on a pro bono basis, while he would seek new sources of funding.[11]