Sources around the web are indicating that Crytek, the studio behind the hit series Crysis, is moving towards producing free-to-play games with pay-to-play budgets. This means that Crysis 3 is likely the last retail title we will see from the Crytek team. Crytek CEO Cevat Yerli let the cat out of the bag to Videogamer.com.

Right now we are in the transitional phase of our company, transitioning from packaged goods games into an entirely free-to-play experience.

 

What this entails is that our future, all the new games that we're working on, as well new projects, new platforms and technologies, are designed around free-to-play and online, with the highest quality development.

These free-to-play games will be serious, online games that are near console quality. Budgets should be in the range of $10-30 million which will produce some great quality games. Crytek has already teamed up with Trion on one of these games to create a free, online FPS game called Warface. We reported on the game, which is live in Russia and in closed beta in China, from E3.