PANews reported on May 23 that according to Decrypt, the Ethereum blockchain game "Ember Sword" attracted $203 million in revenue through NFT land sales four years ago, but now it has announced its closure. The developer Bright Star Studio said that due to the failure to obtain the funds required for continued operation, the game server has been permanently closed and the related Discord channel has also been restricted.
Project history shows that this MMORPG game attracted 35,000 players to buy virtual land NFTs worth $203 million at its peak in 2021. The project advisory team includes industry veterans such as Rob Pardo, former chief creative officer of Blizzard. The game received poor response after the closed beta test was launched in July 2024, and ultimately failed to reverse the decline after migrating to the Ethereum Layer2 network Mantle. The market value of the game token EMBER has plummeted to $80,000, down more than 96% from its peak.
