Shovel Knight developers Yacht Club Games say that they are really interested in making the transition to 3D with their mascot platformer. While nothing has been announced it seems as though it’s something that the team are keen to do. They cite Super Mario 64 as a major influence due to its groundbreaking nature at the time.
“We are dying to bring SK to 3D. We very much want to make that transition, the same way Mario and Zelda and so many classic games had to. We are all also very obsessed with Mario 64, and we would hope to one day make a 3D platformer as fun, engaging, surprising, and thrilling as it! In many ways, it is a style of 3D platformer that hasn’t really been explored since. Most 3D platformers went the collectible route instead.”
Thanks to MasterPikachu6 for the tip!