【Chain Wen】Another blockchain game project has collapsed. Once backed by $4.5 million in funding, Aether Games was supported by well-known institutions like Mysten Labs and Polygon, but ultimately announced its official shutdown.
The reasons behind this decision are worth examining. The project team did not hide anything but instead candidly reflected on several fatal flaws: firstly, the trust crisis during the token sale—many KOLs and partners suddenly dropped the ball, and a large amount of liquidity was wasted unnecessarily. Secondly, the marketing team also failed to do their job properly; promises were not fulfilled, and the project continued to burn money—audit fees, compliance costs, exchange listing fees—these hidden costs are unavoidable. Recently, even more painfully, multiple mainstream exchanges issued delisting notices, essentially declaring the project's death.
In simple terms, this reflects a deeper problem: there is currently no reliable, sustainable way to...