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Revealed: October 10, 2023 at 7:54 am Up to date: October 10, 2023 at 7:54 am
Edited and fact-checked:
In Transient
Korean unicorn sport developer Npixel’s web3 gaming venture, Metapixel, has been indefinitely suspended because of unspecified causes.
The anticipated Metapixel venture, a web3 gaming ecosystem constructed on the Aptos blockchain and developed by Korean gaming big Npixel, has been indefinitely suspended. The choice has despatched shockwaves by means of the gaming neighborhood, leaving members and supporters in a state of disbelief.
The Metapixel crew knowledgeable the neighborhood concerning the venture’s suspension on Discord, citing “numerous circumstances” because the trigger. This sudden growth signifies that all present members will now not take part within the venture, marking the tip of an period for what was poised to be a groundbreaking web3 gaming enterprise.
Metapixel aimed to revolutionize gaming by combining blockchain know-how with high-quality gaming experiences, together with “Gran Saga: Limitless,” a extremely anticipated web3 sport. Npixel, a Korean unicorn sport growth firm recognized for creating the favored Gran Saga IP, was the driving pressure behind Metapixel.
Because the Web3 gaming world processes this sudden flip of occasions, questions linger about the way forward for web3 gaming and the destiny of initiatives like Metapixel that had promised to redefine the trade.
Web3 Momentum Wanes Amid Mission Closures and Uncertainty
This 12 months has witnessed the closure of quite a few web3 and metaverse initiatives. Simply final week, Versum, an NFT market constructed on the Tezos blockchain, introduced closure. As well as, Disney reportedly determined to shutter its metaverse division in a cost-cutting transfer, whereas Meta has canceled a number of metaverse initiatives, together with Echo VR and Crayta. Moreover, Meta has additionally put a halt to its plans for launching NFTs on Instagram and Fb.
Whereas some lovers nonetheless consider that web3 and metaverse will revolutionize the web and society, others are extra skeptical concerning the immersive tech’s viability and worth. The challenges of scalability, interoperability, regulation, and consumer adoption are nonetheless unresolved and will restrict the potential of web3 and metaverse within the close to future.
Due to this fact, we’re presumably witnessing the tip of the metaverse hype or at the very least a big slowdown in its growth.
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Agne is a journalist who covers the most recent tendencies and developments within the metaverse, AI, and Web3 industries for the Metaverse Submit. Her ardour for storytelling has led her to conduct quite a few interviews with specialists in these fields, all the time in search of to uncover thrilling and interesting tales. Agne holds a Bachelor’s diploma in Literary Research from the College of Amsterdam and has an intensive background in writing about a variety of matters together with cybersecurity, journey, artwork, and tradition. She has additionally volunteered as an editor for the animal rights group, “Open Cages,” the place she helped elevate consciousness about animal welfare points. Presently, Agne splits her time between Barcelona, Spain, and Vilnius, Lithuania, the place she continues to pursue her ardour for journalism. Contact her on [email protected].
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Agne is a journalist who covers the most recent tendencies and developments within the metaverse, AI, and Web3 industries for the Metaverse Submit. Her ardour for storytelling has led her to conduct quite a few interviews with specialists in these fields, all the time in search of to uncover thrilling and interesting tales. Agne holds a Bachelor’s diploma in Literary Research from the College of Amsterdam and has an intensive background in writing about a variety of matters together with cybersecurity, journey, artwork, and tradition. She has additionally volunteered as an editor for the animal rights group, “Open Cages,” the place she helped elevate consciousness about animal welfare points. Presently, Agne splits her time between Barcelona, Spain, and Vilnius, Lithuania, the place she continues to pursue her ardour for journalism. Contact her on [email protected].
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