CoinVoice has recently learned that the blockchain game Ascenders recently announced to the community on Discord that it will stop developing games and its company will also cease operations. The announcement stated that the results of the Land NFT casting that the team carefully prepared in May 2023 were far from their expectations.

According to Niels, who claims to be an angel investor of Ascenders, investors' investments have been set aside for zero, and they learned in July this year that the company was facing bankruptcy due to no remaining funds.

CoinVoice previously reported that on March 8 last year, 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, 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. [Original link]