‘Tokyo Beast’ Speedruns Crypto Game Cycle, Shutting Down Just a Month After Launch

Have countless crypto games Close as early as 2025But this is perhaps the fastest hinge, so far from launch hype to threatening closure.

The developers of Tokyo Beast, a competitive mobile combat game launched on Ethereum Low-2 network Unchanging ZKEVM On June 9, Tuesday said that the game will go offline on 24 August. The move reveals barely a month after the launch, producer Naoki Motohashi called it “unexpected news” in a Blog post.

“Because of the difficulty in balancing operational costs, and after extensive discussions with our stakeholders, we are the painful decision to end the service,” he wrote. “For all our supporters we sincerely apologize and we share in your disappointment and regret.”

Decrypt the development team reached for extra context and comments around the planned end, but did not immediately hear again.

Tokyo Beast arrived with a big push last month, because developers are bothering about a tournament with $ 1 million in prizes. The payouts would be made using the Tokyo Game token from the company (TGT).

However, the price of TGT fell quickly after the launch of the token and then launched after a short rise around the release of the game. After having fallen 16% in the midst of the closing news in the last 24 hours, per data from CoenteckoTGT now costs $ 0.006 – down 96% of the peak price. Token now has a market capitalization of only $ 897,000.

The quick decision to close the game may feed an unexpected advantage for people who have invested in TGT or the corresponding NFTs of the game, because eligible holders will receive compensation for their assets.

For example, owners of Beast NFTs receive more than the $ 200 amount paid during the primary sale, with the reimbursement in USDC Stablecoin ranging between $ 203 and $ 597 based on the rarity level of the assets. Compensation for other NFTs varies based on the level of assets and rarity, with full details shared via the blog post.

TGT holders who have set their assets are now also eligible for USDC compensation, with the amount of varying based on how long they have used the tokens. Token holders who did not have their tokens do not seem to be eligible for compensation.

Many other blockchain games that have already been concluded this year mentioned financial challenges as a cause, including shooters Dead And Nyan Heroes and social deduction The Mystery Society.

Final Fantasy Maker Square Enix has just closed his crypto -game symbiogenesis on MondayAlthough the end of the game was shared months before and bound to the conclusion of the current storyline.