companiesProof of PlayWed, Aug 5, 2026, 9:10 AMNegative
Proof of Play to Shut Down After Blockchain Gaming Thesis Falls Short
Proof of Play, a studio backed by a16z, will cease operations after its blockchain gaming thesis did not meet expectations. The studio plans to open-source its Pirate Nation assets, while an independent foundation will continue to support the PIRATE token. Despite the backing, the company failed to scale its Web3 gaming model.
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Cointelegraph20 days ago
Proof of Play to shut down after blockchain gaming thesis falls short
The a16z-backed studio will open-source Pirate Nation assets, while an independent foundation continues supporting the PIRATE token.
cryptoNeutralRead full article
crypto.news20 days ago
Proof of Play shuts down despite a16z backing
Proof of Play will cease operations after failing to scale its Web3 gaming model, while releasing Pirate Nation code and artwork publicly.
cryptoNegativeRead full article
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