Ethereum blockchain game Ember Sword announces closure due to lack of operating funds

According to Decrypt, the Ethereum blockchain game "Ember Sword" attracted $203 million in revenue through NFT land sales four years ago, but has now announced its closure. The developer Bright Star Studio stated that due to the inability to obtain the necessary funding for continued operation, the game server has been permanently shut down and related Discord channels have also been restricted. Project history shows that this MMORPG game attracted 35000 players to purchase virtual land NFTs worth $203 million during its peak in 2021. The project consulting team includes industry veterans such as Rob Pardo, former Chief Creative Officer of Blizzard. The game received a poor response after opening closed beta testing in July 2024, and ultimately failed to reverse its decline even after migrating to the Ethereum Layer2 network Mantle. The market value of game token EMBER has plummeted to $80000, a drop of over 96% from its peak.