Blockchain game Genome reveals it is facing closure due to market changes, and the team is seeking options to continue operating.

ZkProver · 2026-04-06T08:46:32+00:00

The blockchain game platform Genome announced the possible shutdown of the project due to changes in market sentiment and external conditions. The team has raised approximately $600,000 and invested nearly $1 million, completing the development of several core products. However, due to changes in the X API, the project has become difficult to sustain, and they are currently evaluating future possibilities.

ZkProver

2026-04-06 08:46:32

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ChainCatcher message: The gaming platform Genome has released an announcement saying that, due to changes in market sentiment, the decline of the InfoFi sector, and shifts in external conditions, the project is now facing closure, and the team is assessing whether it can continue moving forward.

The announcement discloses that over the past 8-10 months, Genome raised about $600k in total through NFT sales and public fundraising, while core team members personally contributed about $500k. In addition, some members chose to defer salary in exchange for token allocations, bringing total funding committed to approximately $950,000-$1M.

During this period, the team completed multiple core product and infrastructure developments, including the Splice platform; however, the project could not be sustained due to changes to the X API. The announcement details the team composition and monthly costs, covering engineering roles such as frontend, backend, smart contracts, and machine learning, as well as functions including product, operations, and design.

Operating expenses include cloud infrastructure, development tools, third-party APIs, and more. The funds initially raised were stored in exchange wallets, and later used for development, infrastructure, and operational expenditures. The team said it is exploring potential financing, acquisitions, or partnerships, but there are currently no definite outcomes. The project has not issued any tokens.

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