Metaverse game ChronoForge announces it will cease operations on December 30

ChainCatcher reports that the metaverse game ChronoForge announced on the X platform that it will cease operations on December 30th, citing “many obstacles” including funding shortages. This has forced the founder to self-fund development since July and lay off 80% of the staff. ChronoForge is an NFT adventure project offering 7,500 unique playable characters and mini-games. It was developed by Minted Loot Studios and overseen by its affiliated entity Rift Foundation, which manages the game’s tokens and ecosystem. The project became active in 2022, launching its first NFT collection and beginning early community building efforts.