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Aether Games Shuts Down Despite Strong Backing
Aether Games, a blockchain gaming studio that was previously backed by Mysten Labs, has announced that it is shutting down operations.
In a statement, Aether Games said it had exhausted all possible efforts to keep the project alive. The team explained that it remained fully committed to its card game, continuously adapting to market conditions and adjusting its strategy while exploring sustainable business models.
Despite these efforts, the company said it was ultimately unable to continue.
Aether Games had earlier raised $4.5 million in an equity funding round in May 2023, with participation from Mysten Labs, Polygon, and other investors.
#AetherGames #BlockchainGaming #Web3Games #Write2Earn #cryptofirst21
Aether Games, a blockchain gaming studio that was previously backed by Mysten Labs, has announced that it is shutting down operations.
In a statement, Aether Games said it had exhausted all possible efforts to keep the project alive. The team explained that it remained fully committed to its card game, continuously adapting to market conditions and adjusting its strategy while exploring sustainable business models.
Despite these efforts, the company said it was ultimately unable to continue.
Aether Games had earlier raised $4.5 million in an equity funding round in May 2023, with participation from Mysten Labs, Polygon, and other investors.
#AetherGames #BlockchainGaming #Web3Games #Write2Earn #cryptofirst21
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