The star game on the SOL chain, Nyan Heroes, has ceased operations! The NYAN token plummeted by 31%, with a market cap of only 7.5 million! Once claimed to have a million players, the official explanation: the market is bad, and there's no money left.
This is a team shooting game featuring cats piloting giant mechs, quite well-known on the Sol chain, and was once praised by the media as a benchmark for Web3 games. Its team members have participated in the production of "Halo," "Destiny," and "Assassin's Creed."
During testing, it disclosed over 200,000 downloads and even ranked among the top 30 most popular games on the Epic Games Store. The game underwent four tests, with total user participation exceeding one million.
Its token NYAN had its TGE in May 2024.
All of this cannot hide today's fate: ceasing operations.
The official statement: the number of players for the new product did not meet expectations, the Web3 market faces competitive challenges, and most importantly, there's no money left.
Currently, NYAN is quoted at 0.00748U, down 31%, with a market cap of 7.5 million. The token is listed on platforms like MEXC, GATE, and Bybit.
Recently, Adventure Island just had its TGE, and NXPC's market cap briefly surged to 3.8 billion, with the community claiming the era of chain games has arrived, which is quite lamentable in comparison.
#NYAN #NyanHeroes #NXPC
It's been about 1 month since our 4th playtest.
We're incredibly grateful for the positivity and support that you have shown for our latest release and all of our prior playtests.
Unfortunately, despite the amazing progress that we made over the years, the latest product failed to drive the player numbers that we'd been hoping for, and with the current challenges in the web3 market, we couldn’t secure the funding required to keep the studio going.
We are proud of what we've achieved to date. Thanks to your support, more than a quarter of a million players have wishlisted the game on Epic and Steam, and over a million players have joined us across four playtests. Your enthusiasm helped us top Epic Games trending and most played charts on numerous occasions and have featured in traditional media outlets including IGN, Business Insider and Game Rant.
Despite these accomplishments and discussions around publishing, new investments, grants and acquisition - we weren't able to secure the required capital to see the game to completion. This is not the outcome we were hoping for. The industry is in a tough spot right now and Nyan Heroes will unfortunately be closing its doors.
In our time together, the team has achieved incredible progress and demonstrated that its possible to do amazing work while fostering a culture of fun and creativity.
We're collectively heartbroken that we wont be able to bring our cat-inspired universe to completion.
Thank you to everyone who supported us in our journey.
4.52K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.