Ascenders, a blockchain game project, has stopped game development and terminated company operations

链捕手ChainCatcher · 2023-10-06T02:33:04.000Z

According to ChainCatcher news, Ascenders, an action role-playing chain game project based on Avalanche, announced that it will cease game development, including the flagship project "Ascenders MMORPG" and its accompanying mini-game "Ascenders: Simulation", and terminate the company's operations. “The carefully prepared Land NFT minting in May 2023 turned out to be far below our expectations and, unfortunately, we have reached a point where we are financially unable to continue operating,” the announcement said. ChainCatcher previously reported that Ascenders, an action role-playing chain game project based on Avalanche, announced the completion of a US$6.4 million private placement round of financing, jointly led by Paramount Capital, Three Arrows Capital, Sino Global Capital and Merit Circle, with participation from DeFiance Capital, Blizzard Fund, Colony Labs, GuildFi, Momentum 6, Forward Analytics, Avocado Guild, Zee Prime Capital, Snack Club, Layer X and Mintable, among others.

According to ChainCatcher, Ascenders, an action role-playing blockchain game project based on Avalanche, announced that it would stop game development, including its flagship project "Ascenders MMORPG" and its supporting mini-game "Ascenders: Simulation", and terminate the company's operations.
The announcement stated, "The results of the carefully prepared LAND NFT minting in May 2023 fell far short of our expectations, and unfortunately, we have reached a point where we are financially unable to continue operating."
ChainCatcher previously reported that Ascenders, an action role-playing blockchain game project based on Avalanche, announced the completion of a $6.4 million private round of financing, led by Paramount Capital, Three Arrows Capital, Sino Global Capital and Merit Circle. Participants included DeFiance Capital, Blizzard Fund, Colony Labs, GuildFi, Momentum 6, Forward Analytics, Avocado Guild, Zee Prime Capital, Snack Club, Layer X and Mintable.