Home Games The Closure of Storybook Brawl: A Reminder of Risks in NFT Gaming

The Closure of Storybook Brawl: A Reminder of Risks in NFT Gaming

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The closure of the action-packed Web3 game, Storybook Brawl, has been announced on Twitter. The developers behind the game, Good Luck Games, have struggled to find a way to continue forward following FTX’s bankruptcy, which has had far-reaching consequences across the web3 community. Good Luck Games was acquired by FTX last year and is the latest casualty of FTX’s financial troubles. The shutdown has been scheduled for May 1st, 2023, leaving fans and players disappointed.

The closure of Storybook Brawl is a significant loss for the NFT gaming community, as it was a game with a dedicated fanbase. The game’s association with FTX’s notorious CEO, Sam Bankman-Fried, may have played a role in its steadily declining fanbase, resulting in a drop of 59% in the average player count from February 2022 to the past month.

In the wake of the shutdown announcement, the developers have assured players that they will be refunding all purchases made within the past six months. They also thanked their community for their support throughout the years and expressed their regret for having to make this difficult decision.

The closure of Storybook Brawl serves as a reminder of the risks associated with building on a centralized platform. The NFT gaming industry will undoubtedly continue to evolve, and it is up to developers and players alike to ensure its long-term success by choosing reliable platforms that can provide stability and security.