Ember Sword game on Ethereum shuts down after 4 years since raising $203 million through NFT land sales due to financial difficulties. This closure adds to the list of recent blockchain games like Nyan Heroes and Blast Royale facing funding challenges in the Web3 gaming industry.

Written by: Deep Tide TechFlow As the version's children Meme Launchpads are thriving, some projects are becoming the abandoned children of the version. For example, the blockchain game projects that were extremely popular in the last cycle have recently faced a wave of shutdowns. On May 16, Nyan Heroes, a former star game project in the Solana ecosystem, announced its official shutdown due to "funding shortages." The developer 9 Lives Interactive released a statement on the X platform, admitting that they "could not secure additional funding to complete the game." In just one day, the NYAN token plummeted by as much as 37.2%, and then the FDV dropped to around 5M, evaporating nearly 99% from its historical peak. The lower the valley, the higher the peak. Think back,

As the version's child Meme Launchpads are in full swing, some projects are becoming the version's abandoned children. For example, the popular blockchain game projects during the last cycle have recently faced a wave of shutdowns. On May 16, the once star game project of the Solana ecosystem, Nyan Heroes, announced its official shutdown due to "funding shortages." The developer 9 Lives Interactive released a statement on the X platform, admitting that they "could not secure more funding to complete the game." In just one day, the NYAN token dropped by as much as 37.2%, and subsequently, the FDV fell to only 5M.

Nyan Heroes announced the termination of operations due to not meeting the expected user scale and facing challenges in the Web3 market, despite attracting millions of players. The project party considered various plans but was unable to raise the necessary funds for game development.

The multiplayer free game **Nyan Heroes** developed on the Solana blockchain is officially closing due to lack of funding, despite hosting a major "play-to-earn" event. The game had a promising start but faced financial challenges, leading to its shutdown.

Original | Odaily Planet Daily Author | Asher ! [With a financing of k million and more than 1.3 million registered users, can Nyan Heroes, a Solana ecological 3A chain game, ignite GameFi?] (https://piccdn.0daily.com/202405/06104122/y9kbsh2jj4783bfr.jpg!webp) With Bitcoin hitting an all-time high this year, the entire encryption market continues to be hot, and the expected Bull Market is coming, and in this craze, GameFi has become one of the focus of community discussion for a while. So, in the current fierce competition among longest chain game projects, what kind of chain game can really stimulate the frenzy of the encryption market and even break the circle? During the two-week pre-alpha event, more than 130 users signed up