The Ethereum chain game Ember Sword announced its closure due to a lack of operating funds

According to ChainCatcher news reported by Decrypt, the Ethereum chain game Ember Sword, which attracted $203 million in revenue through NFT land sales four years ago, has now announced its closure. The developer Bright Star Studio stated that the game servers have been permanently shut down due to the failure to secure the funding needed for ongoing operations, and the related Discord channel has also been restricted.

Project history shows that this MMORPG game attracted 35,000 players to purchase virtual land NFTs worth $203 million at its peak in 2021. The project advisory team includes industry veterans such as former Blizzard Chief Creative Officer Rob Pardo. The game received poor feedback after its closed testing began in July 2024, and ultimately failed to turn around even after migrating to the Ethereum Layer 2 network Mantle. The game token EMBER has seen its market value plummet to $80,000, a decline of over 96% from its peak.

According to the Web3 asset data platform RootData, Ember Sword previously completed a $2 million financing round on May 27, 2021, led by Play Ventures, with participation from Mechanism Capital, Delphi Digital, DeFiance Capital, Animoca Brands, YGG, OKX Ventures, Dialectic, Coingecko Ventures, and Weak Simp Capital.