Tequila Works, the Spanish developer that created games like and and published games like , is auctioning off its intellectual property (via ).The studio filed for insolvency in 2024 after "prolonged market conditions" made it financially-difficult to stay above water.The games and IP rights available to bid on at auction site Escrapalia include Tequila Works' first game , and its horror adventure game .The company is also auctioning off in-development projects, including "The Ancient Mariner," "Dungeon Tour" and "Brawler Crawler."Prior to it filing for insolvency and Tequila Works' founders stepping down, the studio released , one of the games on the short-lived Riot Forge publishing label.
Riot announced it was shutting down Riot Forge in January 2024.The label published spin-off games in variety of different genres, including turn-based RPG , 2D action RPGand more.Back in 2022, Tencent acquired a controlling stake in Tequila Works, a connection that made sense given the Chinese company also owns Riot.Contraction across the games industry, the failure of Riot Forge games to connect with a larger audience and Tequila Work's starting life as a Google Stadia-exclusive all likely contributed to the studio's current position.