According to BlockBeats, on May 17, an official announcement stated that due to the latest product failing to meet the expected user scale, combined with the current challenges faced by the Web3 market, the blockchain game Nyan Heroes was unable to obtain the necessary funding to sustain studio operations, and 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 a total of over 1 million players participating in four testing events. The game has frequently appeared on Epic Games' popular and most played lists, and has garnered attention from traditional media such as IGN, Business Insider, and Game Rant. Despite discussions on plans for release, new investments, grants, and acquisitions, the project team ultimately failed to raise the funds needed to complete game development.