This story comes from GG. Your Web3 Gaming Energy-Up
Uncover GG
The impression of FTX’s chapter course of continues to have ripple results throughout the crypto world, and that features the varied corporations that the now-defunct change acquired earlier than its fall. Storybook Brawl, a Web3 online game that FTX acquired simply 13 months in the past, can now be added to the listing of casualties.
Right this moment, Storybook Brawl creator Good Luck Video games introduced that the aggressive card recreation might be shut down in a matter of days, after apparently struggling to discover a new means ahead after its mum or dad firm collapsed.
“We’ve explored completely different choices, and sadly there isn’t a path ahead. We’ll be shutting down the servers on Might 1st,” the sport’s Twitter account wrote Tuesday. “Please get pleasure from SBB till then, and thanks for all of the recollections.”
Decrypt reached out to Good Luck Video games, however the studio didn’t instantly reply.
The studio could also be within the technique of being liquidated because of chapter proceedings—a transfer that would drive the developer to close off the servers and cease supporting the sport. Good Luck Video games was acquired by FTX US (a.okay.a. West Realm Shires) and fell below the “FTX Gaming” Banner.
In November, Storybook Brawl canceled its world championship occasion after FTX filed for chapter. It’s unclear how far the studio received in including Web3 parts to the sport, as was deliberate after the acquisition.
FTX co-founder and former CEO Sam Bankman-Fried was a famous fan of the card-battling recreation, which is akin to Activision Blizzard’s fashionable Hearthstone.
In November, after FTX’s collapse, he informed The New York Occasions that Storybook Brawl “helps me unwind a bit” and “clears my thoughts.” He additionally mentioned in a December Twitter Areas dialog that he was taking part in the sport simply hours earlier than he was arrested within the Bahamas.
As a comparatively small indie recreation, Storybook Brawl noticed solely modest success whereas it was dwell. In line with SteamCharts knowledge, the sport’s all-time concurrent participant depend on PC gaming platform Steam peaked at 2,770 gamers in September 2021—six months earlier than FTX acquired it.
Storybook Brawl’s whole participant depend declined steadily after the acquisition. That’s unsurprising, although, when contemplating the quantity of backlash and review-bombing that the sport noticed after the FTX deal. Some gamers vowed to uninstall the sport instantly after FTX purchased it. Others expressed frustration on-line over messages that Storybook’s builders have been exploring “non-cosmetic” methods to combine NFTs.
The sport’s common participant depend dropped 59% from 817 common gamers in February 2022, earlier than the FTX acquisition, to about 331 common gamers up to now month.
Notably, former FTX CEO Sam Bankman-Fried, who now faces 13 legal fees together with bribery, beforehand mentioned in an announcement that Storybook Brawl was a recreation he believed may turn into an instance for “moral” crypto gaming—no matter that meant.
However as an alternative, with right now’s information, the story of Storybook Brawl seems to be fading to mud.
Keep on prime of crypto information, get day by day updates in your inbox.