In a current Medium announcement, web3 recreation developer Trailblazer revealed that it’s going to discontinue its deck-building PVP recreation, Everlasting Dragons.
Regardless of two years of growth involving a group of 23 people, Everlasting Dragons failed to realize product-market match. Challenges such because the complexity of transitioning a web3 recreation from browser to cell, authorized compliance points, and participant manipulation for rewards contributed to the choice to sundown the sport.
Based by a group with expertise from EA, King, and Microsoft, Trailblazer raised $8.2 million in March 2022. The Singapore-based firm initially launched Everlasting Dragons on browsers however later revamped it for cell in an effort to develop its participant base.
Whereas the undertaking did present some progress, the efficiency baseline was not sturdy sufficient to justify additional funding. Trailblazer talked about that growth prices have been eight occasions increased than what was raised from the NFT mint.
As a part of the closure, Trailblazer plans to make use of remaining funds for a buyback program for NFT holders. The NFTs, initially launched on Solana, noticed a lower in worth from $300 to $20. Based mostly on the dragon’s rarity, the buyback supply for NFT holders will vary from $12 to $12