Metaverse game ChronoForge announces it will cease operations on December 30

ChainCatcher news, the metaverse game ChronoForge announced on the X platform that it will cease operations on December 30, citing "many obstacles," including a lack of funding. This has forced the founder to personally 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. ChronoForge was developed by Minted Loot Studios and its associated entity Rift Foundation is responsible for overseeing the game's tokens and ecosystem. The project became active in 2022, when it launched its first NFT collection and began early community-building efforts.