Crytek, the team behind Crysis, has revealed that it’s about to transform into a free to play only studio.

CEO Cevat Yerli broke the news when speaking to VideoGamer.com, explaining that the studio will finish off the boxed titles it’s currently under contract to complete. After that point, all Crytek titles will be free to play.

Crytek Kiev already has an F2P FPS in development by the name of Warface, this being the first example set for release sometime this year. Crytek boast its own social gaming platform, GFACE, which will support forthcoming titles.

"As we were developing console games we knew, very clearly, that the future is online and free-to-play," Yerli said.

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

"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."

Yerli has said the F2P titles will still be funded with the appropriate triple A development budgets, between $10 million and $30 million.

He went on to say "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."

Yerli had the following to say on DLC and premium services:

"If you look at what kind of games are done in the packaged goods market, with DLCs and premium services and whatnot, it's literally milking the customers to death."