According to Foresight News, Ascenders, an action role-playing game (RPG) project based on Avalanche, has announced the cessation of game development, including its flagship project 'Ascenders MMORPG' and its accompanying mini-game 'Ascenders: Simulation'. The company has also terminated its operations, stating that the 'carefully prepared land NFT minting in May 2023 yielded results far below our expectations, and unfortunately, we have reached a point where we can no longer continue financially.'
Previously, Foresight News reported that in March last year, Ascenders announced the completion of a $6.4 million private funding round, co-led by Paramount Capital, Three Arrows Capital, Sino Global Capital, and Merit Circle.
