According to TechFlow, the AAA action RPG game Ascenders recently announced to the community on Discord that it will stop developing the game and its company will also cease operations.

The announcement stated that the results of the Land NFT minting, which the team carefully prepared in May 2023, fell far short of its 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.