The Suspension of METAPIXEL: A Setback for Web3 Gaming
A high-profile Web3 project called METAPIXEL, developed by Korea’s NPIXEL, has come to a halt with all team members being removed from the project. The popular web3 game gained immense popularity when it was announced that the Korean AAA gaming studio had developed it and launched it on the Apotos blockchain. However, the reasons for the suspension of the project have not been disclosed by the team members.
NPIXEL’s discord announcement states that the sign-in feature on METAPIXEL’s website will soon be deactivated, and the new member’s sign-up feature has already been removed. Additionally, activities on the game’s Twitter and Discord channels will be reduced and eventually made inactive in the following weeks.
The suspension of METAPIXEL adds to the decline in web3 games this year, with funding dropping significantly month-over-month. While NPIXEL has another major project in development, ‘Chrono Odyssey,’ it remains uncertain whether funding was a major factor in suspending METAPIXEL’s development.
Hot Take: The Uncertain Future of Web3 Gaming
The indefinite suspension of METAPIXEL highlights the challenges faced by web3 gaming projects. Despite initial excitement and popularity, these games often struggle to sustain their development due to various circumstances. The decline in funding for web3 games further adds to this uncertainty. As investors become more cautious, developers must find innovative ways to secure funding and ensure the longevity of their projects. While NPIXEL continues its work on ‘Chrono Odyssey,’ it serves as a reminder that success in the web3 gaming industry is not guaranteed. The industry needs to address these challenges and find sustainable models that can support the growth and success of future web3 games.
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