CoinVoice has learned that, according to the official announcement from Nyan Heroes, the project failed to secure the funding necessary to maintain studio operations due to the latest product not meeting expected user scale, combined with the many challenges currently faced by the Web3 market. They have ultimately decided to cease operations.
It is reported that Nyan Heroes has received over 250,000 player reservations on the Epic and Steam platforms, with four testing events attracting more than 1 million participants. The game has repeatedly appeared on Epic Games' most popular and most played lists, and has garnered attention and reporting from traditional media outlets such as IGN, Business Insider, and Game Rant.
Despite extensive discussions by the project team on issuance, new investments, grants, and acquisitions, they ultimately failed to raise the funds needed to complete game development. [Original link]