The blockchain game studio Proof of Play has announced the cessation of operations and will open source the Pirate Nation code and art assets

ChianCatcher news, the blockchain game studio and on-chain technology company Proof of Play announced on August 4 that it will cease operations. The company stated that it initially believed that games utilizing blockchain technology had the potential to open up a new decentralized internet, but ultimately failed to create scalable products and a sustainable business to validate this concept.

Proof of Play will open source its code and art assets as much as possible for future builders to use, including applications related to Pirate Nation, smart contracts, founder NFTs, and IP (under CC0 license), etc. The Pirate Nation Foundation, independent of Proof of Play, will continue to support the $PIRATE token, and the foundation's website will remain operational; Proof of Play points are non-redeemable. Additionally, Shiba Story Go! has been acquired by a third party and is operating independently.