24 Caret Games' debut game, Retro/Grade, is excellent. The bullet hell shooter featured a fresh way to play: incorporating a guitar controller into the genre. It was a unique idea, although not one that would sell particularly well.
Matt Gilgenbach, along with partner Justin Wilder, had invested $140,000 in the game, a total that has yet to be recouped. Retro/Grade's failure is attributed to a number of factors, including the already-crowded PlayStation Network marketplace, and the disinterest in using plastic instruments. However, Gilgenbach is ready to bounce back into games.
With Retro/Grade tanking, Gilgenbach faced financial ruin, had to dissolve his studio, and nearly fell to serious mental illness. But, Gilgenbach is using that experience to inspire his next game. Neverending Nightmares is a psychological horror game that's inspired by Gilgenbach's own struggles. It is currently in development under the new label Infinitap Games, and according to Polygon, will seek crowdfunding on Kickstarter soon.
Here's a teaser: