<s>
The	O
studio	O
's	O
first	O
project	O
,	O
Dauntless	B-Application
,	O
launched	O
in	O
open	O
beta	O
on	O
Microsoft	B-Application
Windows	I-Application
in	O
May	O
2018	O
and	O
has	O
been	O
released	O
on	O
PC	O
,	O
PlayStation	B-Operating_System
4	I-Operating_System
,	O
and	O
Xbox	B-Device
One	I-Device
on	O
May	O
21	O
,	O
2019	O
and	O
released	O
on	O
Nintendo	B-Application
Switch	I-Application
on	O
December	O
10	O
,	O
2019	O
.	O
</s>
<s>
Throughout	O
Dauntless'''	O
development	O
and	O
pre-release	O
,	O
the	O
company	O
encouraged	O
back	O
and	O
forth	O
conversations	O
between	O
developers	O
and	O
players	O
.	O
</s>
<s>
For	O
example	O
,	O
Dauntless	B-Application
originally	O
featured	O
a	O
paid	O
loot	O
boxes	O
system	O
called	O
"	O
Chroma	O
Cores	O
,	O
"	O
which	O
were	O
removed	O
after	O
they	O
received	O
negative	O
feedback	O
from	O
players	O
.	O
</s>
<s>
In	O
July	O
2018	O
,	O
Phoenix	O
Labs	O
announced	O
that	O
Dauntless	B-Application
had	O
reached	O
2	O
million	O
registered	O
accounts	O
.	O
</s>
<s>
The	O
studio	O
raised	O
another	O
round	O
of	O
funding	O
in	O
October	O
2018	O
,	O
led	O
by	O
Sapphire	O
Ventures	O
,	O
intended	O
to	O
help	O
expand	O
the	O
live	O
service	O
operations	O
of	O
Dauntless	B-Application
.	O
</s>
<s>
The	O
studio	O
had	O
originally	O
promised	O
a	O
PlayStation	B-Operating_System
4	I-Operating_System
and	O
Xbox	B-Device
One	I-Device
launch	O
for	O
Dauntless	B-Application
in	O
April	O
2019	O
,	O
though	O
this	O
date	O
was	O
later	O
pushed	O
to	O
summer	O
2019	O
.	O
</s>
<s>
On	O
January	O
29	O
,	O
2020	O
,	O
Garena	B-Application
announced	O
the	O
acquisition	O
of	O
Phoenix	O
Labs	O
for	O
an	O
estimated	O
US$150	O
million	O
.	O
</s>
<s>
In	O
January	O
2019	O
,	O
Phoenix	O
Labs	O
announced	O
partnership	O
with	O
Epic	O
Games	O
which	O
made	O
Dauntless	B-Application
available	O
on	O
PC	O
exclusively	O
through	O
the	O
Epic	O
Games	O
store	O
and	O
required	O
all	O
players	O
to	O
sign	O
in	O
using	O
an	O
Epic	O
Games	O
account	O
.	O
</s>
<s>
While	O
the	O
move	O
to	O
make	O
Dauntless''	O
an	O
Epic	O
Games	O
store	O
exclusive	O
received	O
criticism	O
,	O
Mayne	O
cited	O
cross-platform	O
play	O
as	O
the	O
partnership	O
's	O
main	O
benefit	O
.	O
</s>
