Aether Games has announced the closure of its operations, attributing the decision to liquidity challenges and unmet marketing objectives. The gaming studio faced significant setbacks after key partners did not fulfill their commitments during the token generation event, resulting in delistings from major exchanges, including KuCoin.
Despite securing $4.5 million in funding in May 2023 from investors such as Mysten Labs and Polygon, Aether Games was unable to develop a sustainable business model. The company will also be closing its Discord server and has cautioned users about potential phishing risks.
Aether Games Shuts Down Due to Liquidity and Operational Hurdles
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