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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.
Industry veteran Robert Bowling launches new developer //18.bravo
Industry veteran Robert Bowling, formerly of Infinity Ward, has launched a new Los Angeles-based studio called //18.bravo. The studio aims for a radically different approach to game development, focusing on employee success through royalty plans and profit sharing, and plans to release its assets as open source if the company closes. Bowling criticized the current industry for being over-commercialized and detrimental to both players and staff.