It looks like Slightly Mad Studios's Mad Box console future is in doubt after the announcement of Google Stadia earlier this year. Slightly Mad Studios' Nathan Bell confirmed that the project lost two of its big investors since then.
Sometime in Januar 2019, Slightly Mad Studios' CEO Ian Bell officially confirmed that they are making the world's most powerful console ever that would pack hardware capable of 60 FPS gaming at 4K resolution.
Shortly after that, Bell shared first concept designs of the new console which included custom water cooling and RGB lighting. Since then, Slightly Mad Studios revealed a concept design for the controller but went quiet after that to focus on the development.
Unfortunately, the last week has brought nothing but bad news for Slightly Mad Studios. First, a French studio going by the name Madbox argued that the name of the console is bound to cause confusion, forcing Slightly Mad Studios to change the name of their console.
Just a few days after that, the company's online marketing director Nathan Bell shared some concerning details about the future of the console. Speaking to PCGamesInsider.biz, Bell said that their ambitious project had lost two of its big investors in the wake of Google announcement of their streaming platform Stadia.
"Google's announcement of Stadia hasn't helped the project with our investors, we had some solid investment lined up but Google saying 'the future of gaming isn't in a box' hasn't done us any favours," Bell said.
According to Bell, the future of the console looks pretty bleak but despite this, the company are yet to confirm if they are giving up on the project for good. When Slightly Mad Studios announced Mad Box, the company's CEO Ian Bell confirmed that they have several investors interested in the project, and some of them even offered required funding but with Stadia's announcement, it looks like this is not the case anymore.
Slightly Mad Studios
All in all, it will be interesting to see how Slightly Mad Studios proceed with the project in the future. Hopefully, they get the necessary funding as competition is always good, right?