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Another one down! The metaverse game ChronoForge announces server shutdown on December 30. The founder's personal funds are no longer sufficient to keep it going.
【BiTi】Another metaverse game project can’t hold up anymore. ChronoForge just officially announced it will shut down on December 30th, with the founder bluntly stating in the announcement, “The resistance was too strong.”
A broken funding chain is the last straw that breaks the camel’s back. Since July this year, the founder has been injecting personal funds to sustain development, and the team has even cut 80% of its staff. Who can withstand such a money-burning speed?
Looking back at this project: 7,500 playable NFT characters, along with a bunch of mini-games. The developer is Minted Loot Studios, and the token ecosystem is managed by the affiliated organization Rift Foundation. When the project launched its first NFT series in 2022, the community atmosphere was quite lively.
But the reality is so cruel—relying solely on passion and vision in a bear market simply can’t keep it alive. The fate of ChronoForge is probably just a microcosm of many chain game projects.