Kaio: King of Pirates, an adventure game in the works by Keiji Inafune's Comcept development studio, has officially been confirmed as cancelled by publisher Marvelous. That's perhaps no surprise considering the continual delays and silence on the 3DS release, but it's nevertheless still rather disappointing.
The brand was originally planned to become a significant one for Marvelous, and there had been talk of a trilogy - the press release confirming the cancellation, however, highlights marketplace changes and "other difficult situations regarding plans they had for its mixed media development" as causes. As a whole the project has lost Marvelous around $3.8 million in costs. Comcept's recent priorities, meanwhile, have been the crowdfunding and subsequent development of Mighty No. 9, which is planned for Wii U, 3DS and a host of platforms.
We never saw a great deal of this title, though with Inafune-san on board there was some excitement around it. This official cancellation merely confirms, unfortunately, what had long been suspected of the project's progress.