Developer Precursor Games today announced that development on Shadow of the Eternals was wear hold. Precursor had launched a Kickstarter campaign for the sport back in May, but cancelled it after it became clear it will fail. A second crowdfunding project was launched in July and came to a detailed in August, far wanting its funding goals.

Shadow of the Eternals was being promoted as a “spiritual successor” to Eternal Darkness, a well-liked horror game for the Nintendo Gamecube. Many former members of Silicon Knights were on staff at Precursor, including Silicon Knights founder Denis Dyack. Silicon Knights and Dyack have a questionable reputation throughout the games industry, possibly contributing to the failure of the Shadow of the Eternals fundraising efforts.

Dyack, the executive creative officer at Precursor announced the the shutdown of the Shadow of the Eternals project in a post at the Precursor forums. On behalf of Precursor, his statement praised the games developers and its fan base, saying, “We are more than happy with what we now have accomplished both as a gaggle and with the community.” From the statement:

Many folks would be taking a break. In case you aren’t aware, all of us worked in this project as a labor of affection and self financed 100% of everything for a over a year to aim to make Shadow of the Eternals a reality. Although we failed to succeed on doing this, we succeeded in making many friends and starting something that we are hoping provided value for those involved. We haven’t any regrets.

The game also could have been hindered by its chosen platforms. Shadow of the Eternals was set to launch on Wii U and PC. PC gamers who don’t also use consoles are unlikely to have a history with Eternal Darkness, or even console gamers don’t seem buying the Wii U.