Another Blockchain Game Studio Shuts Down As Crypto Trend Sputters Out
Blockchain startup Proof of Play has announced its closure, marking another casualty in the struggling crypto gaming industry. The company, founded by FarmVille co-creator Amitt Mahajan, failed to build a sustainable business with its flagship game, Pirate Nation, which integrated NFTs and crypto tokens. This shutdown follows similar failures in the space, including Axie Infinity's economic collapse and Square Enix and Ubisoft's retreats from blockchain-based games.
Gamespot
- Entities
- Adam Fern
- Off The Grid
- Deadrop
- Proof of Play
- Amitt Mahajan
- Midnight Society
- Champions Tactics: Grimoria Chronicles
- NFTs
- Axie Infinity
- Square Enix
- Pirate Nation
- Blockchain Gaming
- Symbiogenesis
- FarmVille
- Ubisoft
Original source
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