Project Rap Rabbit, the rhythm game conceptualized by rhythm game masterminds behind PaRappa the Rapper and Elite Beat Agents, failed to meet its £855,000 crowdfunding goal on Kickstarter yesterday. As a result, the fate of this project is now unclear.

The campaign only managed to raise £162,057 in contrast to its lofty £855,000 goal. That’s only a fifth of the way there, which makes other noted failed Kickstarter campaigns like Red Ash seem more successful in comparison.

We’re not sure what the cause was, whether was a lack of interest, skepticism towards Kickstarter projects, or failure to promote the backer campaign. However, it’s tragic to see this ambitious project seemingly fall wayside.

The creators addressed the game’s future via a Kickstarter blog update. After thanking the fans and backers, they had to acknowledge that they were unable to meet the funding goals they set out to reach. Here’s what they had to say about going forward with Project Rap Rabbit:

“We sadly are not in the position to be able to fund further production for a future crowd-funding relaunch involving a title deeper in development, and wouldn’t want to scale back our vision. As a result, work on Project Rap Rabbit cannot continue at this time.”

We’re not exactly sure what comes next. According to the team, they were able to showcase the project behind closed doors at this year’s E3. They also conclude that they “sincerely hope this isn’t the last time you’ll hear of Project Rap Rabbit.” Perhaps, they may be able to receive investor funding to keep this project alive.

So, there you have it: Project Rap Rabbit‘s future is currently in the air, but not definitively cancelled just yet. The best thing to do for now is do what PaRappa the Rapper said best, “You gotta believe!”