[NEWS] DMM Crypto cancels Web 3.0 project "Seamoon Protocol"

DMM Crypto, a subsidiary of the DMM Group that develops Web 3.0 business, announced on the 15th that it has discontinued the Web 3.0 project "Seamoon Protocol". In response to this, it will also discontinue the issuance of its own token "$SMP".

Seamoon Protocol is a project that was launched in June last year with the aim of providing a new entertainment experience in the digital space using its own token. It has been providing entertainment services and platform functions centered on blockchain games, such as issuing its own token and expanding strategic partnerships with an eye toward global expansion.

However, DMM Crypto explained that it decided to discontinue Seamoon Protocol early, stating that "the recent rapid changes in the business environment have created issues with the sustainability of the project."

In addition, the following measures will be taken in conjunction with the discontinuation of the project.

• Discontinuation of issuance of the original token "$SMP"
• Suspension of acceptance of new users of the SMP Platform service
• Gradual termination of the "Kanpani☆Girls RE:BLOOM" service

New users of the SMP Platform service were closed on the 15th. Additionally, the official service for "Kanpani☆Girls RE:BLOOM" was just launched on the 1st of last month.

The company says it is continuing to consider future directions regarding services, functions, partnerships, etc. for projects related to the SMP Platform.

Following the cancellation of Seamoon Protocol, several projects have announced their response.

CoinMusme, which is scheduled to be released on the 22nd of this month, announced on the 15th that it will be moving to MCH Verse, which is building an economic sphere centered around My Crypto Heroes (MCH).

Also on the same day, the management team of KAMIYAGURA, a blockchain game that was being developed with the aim of releasing a PC version within 2024, announced that they would be holding further discussions, including on the release date, due to the cancellation of Seamoon Protocol.

Several other titles were scheduled to be released, but are likely to be forced to change course in light of the cancellation of these projects.

Reference: Announcement
Image: Quoted from the homepage

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