Capcom said tonight it has cancelled development of Mega Man Legends 3 , a project that was previously in prototype form for the Nintendo 3DS.

"Unfortunately it was not felt that the Mega Man Legends 3 Project met the required criteria, and it is with regret that we must announce that the Mega Man Legends 3 Project has been cancelled, meaning that Capcom will not be releasing the Prototype or the full game," the company said on its website "Additionally, updates of the Mega Man Legends Developer Room will cease as of today, though the North American Developer Room and its forums will remain open indefinitely."Capcom said there are no plans to restart the project in the future and that the Prototype Version will no longer be distributed via the Nintendo eShop.Mega Man Universe was also recently cancelled . So what does this mean for the franchise going forward? "Mega Man is still an important franchise within Capcom's portfolio and we will continue to pursue opportunities to create new titles in the series," the company said.