Crytek transitioning into F2P company from packaged games

Crytek CEO Cevat Yerli has admitted to Videogamer it's transitioning into a fully free-to-play company from packaged games.

The transition will fully happen once its contracts on existing packaged titles for consoles and PC are up.

Crytek are currently working on Crysis 3 for EA Partners, Homefront 2 for THQ and Kinect title Ryse for Microsoft.

Once the switch happens, it F2P from there using GFACE, the company's social platform.

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

"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."

Despite the transition, Yerli said it was aiming to make F2P titles on a AAA basis.

"As is evident in Warface, our approach is to ensure the best quality, console game quality," he said. "That implies budgets of between $10m to $30m - so no compromise there - but at the price-point of $0 entry.

"I think this is a new breed of games that has to happen to change the landscape, and be the most user-friendly business model.