
tokito
@tokito
1726 Following
837 Followers
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๐ฎ Over the past 2 months, more than a dozen P2E projects have exited the crypto space!
Among them:
๐ข Blade of God X (IMX) โ backed by OKX Ventures, Delphi Digital, YGG
๐ข Jungle (SOL) โ raised $6M from Delphi, Framework, Bitkraft
๐ข Nyan Heroes (SOL) โ raised $13M, known game with token, but failed
๐ข Blast Royale (ETH) โ $5M from Animoca, Mechanism, Dragonfly
๐ข Rumble Kong League (RON) โ $4M from Animoca, Framework
๐ข Metalcore (IMX) โ $20M raised; servers + Discord now offline
๐ข Tatsumeeko (SOL) โ mobile RPG, $7M from YZI Labs, Delphi, Animoca, etc.
๐ข Ember Sword (ETH) โ raised $2M, sold $203M in NFTs, now shut down citing โfunding & market issuesโ ๐คฆโโ๏ธ 0 reply
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๐ฅ The Story of an NFT Collection, Briefly
Launch and Initial Success
On July 23, 2021, an NFT collection was launched and sold out in just 20 minutes on Ethereum. It was one of the first collections to receive widespread media coverage, even earning its own column in The New York Times.
At launch, the mint price of an NFT was 0.03 ETH.
Period of Uncertainty
In 2022, internal conflicts arose within the project's team. Initially, there were plans to release a game, a token, and a book, but none of these were realized. This led to disappointment among early investors and the community, putting the project at risk of stagnation. 0 reply
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