# The Feathered Serpent

> ResidualPlay case file: an overlooked Steam game still earning residual revenue. Estimates carry a ±30-50% error range per title.

- Steam appid: 1832240
- Developer: Matthew Young
- Publisher: Tsundown Studios
- Released: 2024 · Genre: Action · List price: $9.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $545 to $818 per month (mid $681)
- Opportunity score: $1.1k/month at x1.65 dormancy multiplier
- Est. lifetime owners: 928 · Est. lifetime net revenue: $2.7k
- Review sentiment: 98% positive across 44 reviews (29 from Steam purchases)
- Review velocity: 9.3 reviews/month (6-month average)

## Why it's flagged

- Developer silent for 20 months
- Studio quiet across its whole catalog
- Last build shipped 20 months ago
- Store page localized in only 1 language(s)

## Where a gross dollar goes (monthly, at current velocity)

| Stage | USD/month |
|---|---|
| Gross storefront sales | $1.2k |
| After VAT / sales tax (-13% blended) | $1.1k |
| After refunds (-9.5% median) | $974 |
| Net to developer (after Steam 30%) | $681 |

## Monthly review counts, oldest to newest (3 months)

27, 0, 1

## Estimated acquisition range

$16.4k to $32.7k (2-4x the trailing net annuity of $8.2k/year). Same error range applies.

## Markets by review language

- english: 100% (game NOT localized in this language)

Localization gap: 100% of measured reviews are written in languages the game does not support (top: english). Localizing is likely immediate market expansion.

## Methodology

Units are estimated from Steam-purchase reviews times a release-cohort multiplier (Boxleiter method, 20-75x by year). Revenue uses an effective price (lifetime discounts and regional pricing) and nets out VAT (~13%), refunds (~9.5%) and Steam's 30% cut: roughly 55% of gross reaches the developer.

Source: https://residualplay.com/game/1832240
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.