Ethereum blockchain game Ember Sword has announced its closure due to lack of working capital

According to Decrypt, the Ethereum blockchain game Ember Sword, which attracted $203 million in revenue through NFT land sales four years ago, has now announced its closure. Developer Bright Star Studio said that the game server has been permanently shut down and the related Discord channel has been restricted due to the failure to obtain the funds required for continued operation.
Project history shows that the MMORPG game attracted 35,000 players to buy $203 million worth of virtual land NFTs at its peak in 2021. The project's advisory team includes industry veterans such as former Blizzard Chief Creative Officer Rob Pardo. The game received a poor response after opening a closed beta test in July 2024, and finally failed to reverse its decline after migrating to the Ethereum Layer2 network Mantle. The market value of the game token EMBER has plummeted to $80,000, down more than 96% from its peak.