Precursor tried twice to secure Kickstarter funding for its game — most recently bringing longtime Solid Snake voice actor David Hayter on board to voice one of the game's characters — but was unable to collect the capital needed to proceed. Precursor had decided to continue with self-funded development, and successfully submitted the game to Steam's Greenlight service for release on Valve's download platform.
"Is the project dead? No,
Shadows of the Eternals has been plagued with controversy since its announcement. Precursor started accepting donations for its game outside of Kickstarter, money that wouldn't be returned if the project didn't reach fruition. A few months later, one of Precursor's founding members, Ken McCulloch, was arrested for the possession of child pornography.
Dyack's statement reads like a farewell to the project, but he stopped short of confirming the game was canned outright. saying "is the project dead? No, but it needs a rest."