{"id":470070,"date":"2026-10-02T13:24:39","date_gmt":"2026-10-02T10:24:44","guid":{"rendered":"http:\/\/sitedemo.beget.tech\/559\/proof-of-play-to-shut-down-after-blockchain-gaming-thesis-falls-short\/"},"modified":"2026-10-02T13:24:39","modified_gmt":"2026-10-02T10:24:44","slug":"proof-of-play-to-shut-down-after-blockchain-gaming-thesis-falls-short","status":"publish","type":"post","link":"http:\/\/sitedemo.beget.tech\/559\/proof-of-play-to-shut-down-after-blockchain-gaming-thesis-falls-short\/","title":{"rendered":"Proof of Play to shut down after blockchain gaming thesis falls short"},"content":{"rendered":"<p style=\"text-align: center;\"><\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" src=\"http:\/\/sitedemo.beget.tech\/559\/wp-content\/uploads\/2026\/10\/1c59c0cb5f7c1693d8ac13667a541216.jpg\"  \/><\/p>\n<p>Blockchain game developer Proof of Play will cease operations after failing to build a sustainable business around its decentralized gaming thesis.<\/p>\n<p>The a16z-backed studio said Tuesday it could not develop a product that proved blockchain-based games could help usher in a decentralized internet at scale. It will open-source much of its code and artwork, including the Pirate Nation game, smart contracts and internal software-development tools.<\/p>\n<p>             <span class=\"show-xs\">     <\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" src=\"http:\/\/sitedemo.beget.tech\/559\/wp-content\/uploads\/2026\/10\/6bdb17923903086b18ce91c826de57c4.jpg\"  \/><\/p>\n<h2>Know when your<br \/>coins move<\/h2>\n<p>Alerts, real-time prices, and market news \u2014 all in one app              <\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" src=\"http:\/\/sitedemo.beget.tech\/559\/wp-content\/uploads\/2026\/10\/bfa912a4cb20accbb4aa55a776773583.jpg\"  \/><\/p>\n<p>         <span>4.8 based on 40K reviews in the App Store and Google Play<\/span>                                <\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" src=\"http:\/\/sitedemo.beget.tech\/559\/wp-content\/uploads\/2026\/10\/316a74b1612060d4421736cc2f12d343.jpg\"  \/><\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" src=\"http:\/\/sitedemo.beget.tech\/559\/wp-content\/uploads\/2026\/10\/e58f8814f309bf2cf939da68f51a27af.jpg\"  \/><\/p>\n<p>               <\/span>              <\/p>\n<p>Proof of Play said the independent Pirate Nation Foundation will continue supporting the PIRATE token and keep its website operational. However, Proof of Play points will not be redeemable for anything.<\/p>\n<p>The studio also made the artwork and intellectual property associated with the Founder Pirates non-fungible tokens and Pirate Nation available under a CC0 license. Its Shiba Story Go! game was acquired by an unnamed third party and will continue operating independently.<\/p>\n<p>At their peak, Proof of Play\u2019s Apex and Boss networks were the two largest gas consumers tracked across Ethereum\u2019s rollup ecosystem<\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"http:\/\/cryptonews.net\/news\/gamefi\/33250605\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blockchain game developer Proof of Play will cease operations after failing to build a sustainable business around its decentralized gaming thesis. The a16z-backed studio said Tuesday it could not develop a product that proved blockchain-based games could help usher in a decentralized internet at scale. It will open-source much of its code and artwork, including &hellip;<\/p>\n","protected":false},"author":1,"featured_media":470072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0},"categories":[276],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Proof of Play to shut down after blockchain gaming thesis falls short - Crypto News<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Proof of Play to shut down after blockchain gaming thesis falls short - Crypto News\" \/>\n<meta property=\"og:description\" content=\"Blockchain game developer Proof of Play will cease operations after failing to build a sustainable business around its decentralized gaming thesis. The a16z-backed studio said Tuesday it could not develop a product that proved blockchain-based games could help usher in a decentralized internet at scale. 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