Pokemon Go release date: Title coming 2016; Niantic wants to develop the title even more

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Highly anticipated game “Pokemon Go” may even become bigger and better than what was shown in the first cinematic trailer last month.

According to The New York Times, Niantic is looking to raise $30 million funding for the project. Currently, they reportedly have $20 million from Google, Nintendo and The Pokemon Company. It could also receive another $10 million if they are able to reach certain goals, which are being kept secret for now, that are related to a new game.

“We will be using this capital to continue the development of Pokmon GO, to evolve and grow Ingress and its thriving global community, and to build out our real-world gaming platform. What we’re looking to do is grow the whole category of real-world games,” Niantic chief executive officer John Hanke wrote.

When announced recently, Pokemon Go shows that longtime supporters of the gaming franchise can use their smartphones while they roam around specific locations in real life to search for Pokemon to capture. This is to be made possible by Nintendo’s partnership with Japanese mobile games publisher, DeNA.

However, the use of GPS technology in tracking down the user’s whereabouts have raised some eyebrows as the data gathered can possibly interact with malicious players and be sold to third parties.

For those who may be worrying about the aforementioned feature, Niantic’s representative Evan Dexter stated that more information will be revealed within the month, “We’re not quite ready to talk in more depth about Pokmon GO than what was revealed in the announcement press release and assets. Come mid-October we’ll be able to start going into more depth about our plans for the game, and about our plans for real world gaming overall.”

Since the feat to capture, train and play with Pokemon using real world setting seem too good to be true, rumors have started churning that the game’s development has been cancelled.

However, this has been refuted and Pokemon Go is still slated for release sometime in 2016 as a free application in Google Play and App Store.