Web3 game developer Proof of Play announced the closure of its business on December 5th via the official X platform (formerly Twitter). The company stated, 'We believed in the potential of blockchain-based games to pioneer a new era of the decentralized internet. However, we were unable to develop a product that could substantiate this hypothesis on a large scale or sustain a viable business.' In its 2023 seed funding round, Proof of Play raised capital from a16z and Greeno...
