According to Deep Tide TechFlow news, on June 30, the CEO of “Battle for Blockchain” announced that the on-chain game development company Minters Dev will soon shut down, and its game “Battle for Blockchain” will officially cease operations after entering maintenance mode for the next 30 days.
The company was established in 2022 and successfully launched two fully on-chain games on the mainnet, as well as developed multiple products for top cryptocurrency clients. Although “Battle for Blockchain” attracted over 700 daily active users with a 7-day retention rate of 48%, the team is facing multiple challenges such as funding shortages, technical challenges, and market competition.
The founder stated that the excessive growth of automated activities in the game has led to user loss and a drop in token prices, creating a vicious cycle, ultimately rendering the team unable to continue operations.
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