At the Game Developers Conference which is currently underway, Crytek has revealed that the latest version of its cutting edge game engine, CRYENGINE V, will be offered at a "pay what you want" price point, with no royalty or further financial obligations. Which probably translates to what you can afford, with 70% of all proceeds going to an Indie Development Fund. This latest version of the popular engine will also introduce a marketplace where users can access assets of varying types.

Crytek’s Founder, CEO & President, Cevat Yerli, said: “CRYENGINE V represents our commitment to not only offering developers today’s most advanced engine technology, but also to making it as accessible as possible. The arrival of CRYENGINE Marketplace, the revamped engine UI, and new support channels will make it easier than ever to tap into the power of CRYENGINE – at a price that feels comfortable for each and every individual. Community is at the heart of our Pay What You Want Model, which we hope will foster closer collaboration between us and developers as well as developers amongst themselves.”

CRYENGINE V continues Crytek's commitment to providing some of the most advanced tools on the market with full DirectX 12 support and features designed specifically for VR integration. This news positions the engine alongside Unity and Unreal Engine 4 as being indie friendly, which is good news all round.

Check out the latest CRYENGINE developer showcase, which features a number of titles, from Civilization Online to Crytek's own severed hand simulator, Climb.