"Shenmue 3" became one of the most funded games ever. It was shown in the 2015 Electronic Entertainment Expo but really needed around 2 million dollars of fund to get the development started. Within just a couple of hours, the game had made $6.3 million in total.

We have recently gathered information about the game through various sources; giving out the insights of the game's creator Yu Suzuki. According to Express Co UK, Suzuki said that the development process has been going on smoothly so far. The development team is growing and a lot of improvements are happening.

"With our key developers on board, the prototype build started in January," Suzuki said. "It has been six months since the project has really taken off. Battle and facial expressions are coming together, and cheers from the crew are growing. It makes me feel it will turn out to be a good game," he added.

Suzuki also said that they are using "Shenmue 2" to test the game mechanics of various types in the new engine, Unreal Engine 4. "Late last year we began using 'Shenmue 2' characters to do simple battle and conversation tests on UE4 [Unreal Engine 4]," he said.

Also according to Games Radar, there are no signs as of yet from the previous installment's main characters, Ryu and Shenhua. It may be a sign that they have not yet started to create the characters yet into the new game.

The game will be available on the PlayStation4 console as well as the PC, although there is no release date set yet but the window of the release is reported to be sometime in 2017.