Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Saylor warns of internal risks as Bitcoin enters new institutional era

30/04/2026

‘Removes Supply’—Ethereum Suddenly Faces BlackRock $500M Stake Shock

30/04/2026

Hong Kong Prepares First Stablecoin Licences for Major Banks

30/04/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Saylor warns of internal risks as Bitcoin enters new institutional era

    30/04/2026

    Key initiatives aimed at quantum-proofing the world’s largest blockchain

    30/04/2026

    Bitcoin reaches highest level of bearish chatter in 5 weeks: Santiment

    30/04/2026

    Bitcoin holds steady as sentiment hits worst levels since Iran war began

    30/04/2026

    ‘Removes Supply’—Ethereum Suddenly Faces BlackRock $500M Stake Shock

    30/04/2026

    Massive $254M Whale Move to Coinbase Sparks Market Jitters

    30/04/2026

    Bitmine locks 77% of Ethereum holdings – Why $9B ETH bet matters

    30/04/2026

    Where Is ETH Headed if the $2.3K Support Cracks?

    29/04/2026

    Solana crosses 10 billion quarterly transactions for the first time

    30/04/2026

    RLUSD Push Drives Ripple Toward Federal Banking Charter

    30/04/2026

    Ava Labs CEO says banks love Ripple, then hits April Fools

    30/04/2026

    Ripple Announces the Long-Awaited Launch of Its New Product

    30/04/2026

    Are NFTs signaling a market shift? THESE indicators say yes

    28/04/2026

    Bored Ape NFT prices jump 81 percent as sales drop

    28/04/2026

    NFTs Attempt Another Comeback as Blue Chips Surge

    28/04/2026

    Pudgy Penguins, BAYC rally masks a shrinking NFT market as volumes and users fall

    27/04/2026

    Saylor warns of internal risks as Bitcoin enters new institutional era

    30/04/2026

    ‘Removes Supply’—Ethereum Suddenly Faces BlackRock $500M Stake Shock

    30/04/2026

    Hong Kong Prepares First Stablecoin Licences for Major Banks

    30/04/2026

    Solana crosses 10 billion quarterly transactions for the first time

    30/04/2026
  • Blockchain

    Binance pushes the ecosystem, but speculation is growing

    30/04/2026

    Why moving IP on-chain is right for the entertainment industry

    30/04/2026

    Anodos CEO Makes the Case for XRP Ledger as a Consumer Finance Layer

    30/04/2026

    Quack AI and mantle Partner for Gasless Stablecoin Settlement

    30/04/2026

    Ethereum L2s Overtake Mainnet as Value Capture Debate Deepens

    30/04/2026
  • DeFi

    Lista DAO Partners with Gauntlet to Empower Lending Vault Risk Management

    30/04/2026

    Kraken Pulls In $200 Million With App-Based DeFi Yield Bet

    30/04/2026

    Spark reported strong Q1 growth and gained momentum after Aave’s recent exploit crisis

    30/04/2026

    Sky Protocol moves to restructure treasury post-Genesis Capital close

    30/04/2026

    A crypto coalition releases technical proposal to save Aave users from a massive token exploit

    30/04/2026
  • Metaverse

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026

    Planet Hares Partners With Magne.AI To Bridge Web3 Metaverse With Smartphone Mobile-Ready Applications For Mass Adoption

    08/04/2026

    Mark Zuckerberg’s Meta launches new AI initiative after metaverse retreat

    25/03/2026

    Meta partners with Arm to develop new CPUs for AI deployments

    24/03/2026

    Land values capitulate as $24M metaverse plot collapses to just $9,000

    20/03/2026
  • Regulation

    Hong Kong Prepares First Stablecoin Licences for Major Banks

    30/04/2026

    BlackRock says over 90% of Bitcoin ETF investors are long-term accumulators

    30/04/2026

    Coinbase CEO Drives Global Investment Access With Tokenization

    30/04/2026

    NVIDIA’s $20B chip could make ChatGPT look slow

    30/04/2026

    Balaji calls for more ‘crypto tools’ for refugees amid Middle East tensions

    30/04/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Binance Cuts XRP Pair with Mexican Peso as Ripple Partner Bitso Dominates the Region by 77,879%

    29/04/2026

    Wirex x Cardano Physical Card Debuts, Enabling Seamless In Store ADA Transactions

    29/04/2026

    Bitget exchange brings pre-IPO tokens to masses starting with SpaceX on Solana

    29/04/2026

    Anonymous Whale Deposits $150M in cbBTC to Coinbase, Signaling Major Market Confidence

    29/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    B3.Fun Partners With Neobank Veera To Supercharge Web3 Gaming Engagement With RWA-DeFi Applications

    30/04/2026

    B.AI and CROSS Transform the Future of AI in Web3 Gaming

    28/04/2026

    Tomoland Partners With Anome Protocol To Advance Web3 Gaming Engagement With DeFi Applications

    25/04/2026

    GameFi is effectively dead as 93% of projects collapse

    23/04/2026

    Big Tech’s multi-billion dollar AI bets are still on track as Mag 7 giants report earnings

    30/04/2026

    IREN Price Target Cut as Bernstein Sees Firm Dumping Bitcoin Mining for AI

    29/04/2026

    Bitcoin miner Core Scientific shifts to AI with 1.5GW data center push

    28/04/2026

    Tether Develops New Bitcoin Mining Infrastructure with Modular Compute Systems to Control Energy, Cost, and Performance at Scale

    28/04/2026

    Donald Trump to Speak at Florida Crypto Event on Clarity Act

    30/04/2026

    Trump Says World Becoming a ‘Casino’ as Soldier Charged Over Polymarket Maduro Bets

    30/04/2026

    Why Crypto’s Most Important Bill Is Stalling at 50/50 Odds Despite Presidential Backing

    30/04/2026

    New Cryptocurrency Bans Are Coming! Here Are the Details…

    30/04/2026

    Saylor warns of internal risks as Bitcoin enters new institutional era

    30/04/2026

    ‘Removes Supply’—Ethereum Suddenly Faces BlackRock $500M Stake Shock

    30/04/2026

    Hong Kong Prepares First Stablecoin Licences for Major Banks

    30/04/2026

    Solana crosses 10 billion quarterly transactions for the first time

    30/04/2026
  • MarketCap
NBTC News
Home»GameFi»‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows
GameFi

‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows

NBTCBy NBTC19/08/2025No Comments5 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Ethereum role-playing game Pirate Nation is shutting down its “fully on-chain” operations, with the “best parts of the game” being broken down into smaller chunks to be played on an arcade app on the Abstract network instead.

In a statement on X, Pirate Nation developer Proof of Play cited a lack of players as the primary reason for closing down the game. The studio explained that it simply wasn’t financially viable to continue to invest in and operate the game without significant interest. 

“Shutting down Pirate Nation was one of the most difficult decisions I’ve ever been part of,” Adam Fern, co-founder and product lead of game studio Proof of Play, wrote on X. “I love Pirate Nation and I spent nearly seven days a week for the past three-plus years on it, but the truth is it wasn’t ever going to be a breakout, mass market success.”

It’s important to note that while Pirate Nation is shutting down, Proof of Play will continue building infrastructure and its broader ecosystem—which includes the aforementioned Abstract-based arcade. As such, during the final two-week Pirate Nation event, players will be able to burn their items in exchange for Plunder Certificates, which will unlock future rewards.

Pirate Nation: The Next Chapter

It’s been an extraordinarily busy time here at Proof of Play. For the last few years we’ve shipped hundreds of weekly updates and proved our tech in Pirate Nation. Our team has grown and evolved, added an entirely new line of business with vRNG…

— Pirate Nation (@PirateNation) August 18, 2025

“We started Proof of Play to explore what fully on-chain games could look like—games with permanence, community ownership, and new types of player experiences. Pirate Nation was our first big step in that direction, and we poured years of work into it,” Proof of Play CEO Amitt Mahajan wrote on X.  “While the business reasons for moving on may be sound, it doesn’t make the loss any easier for those who played, contributed, and believed in the project.”

Proof of Play had the bold vision to run Pirate Nation entirely via a stack of smart contracts, which contain the code to autonomously power the experience.

As such, it first struggled as the studio was forced to pay up to $4,000 a day to subsidize players’ gas fees on Ethereum scaling network Polygon. It then migrated to Ethereum layer-2 network Arbitrum, as it launched two chains to handle the game’s transaction load.

Mahajan then predicted a future of thousands of dedicated blockchains that each support individual applications. However, it appears that operating more than one blockchain was more costly than expected given the size of Pirate Nation’s player base.

“The reality is that running two chains no longer makes sense from a dollars-and-cents business perspective,” the post read. “The demand for the fully on-chain version of Pirate Nation simply isn’t there to sustain operation indefinitely—as such, the best parts of the game will live on via the Proof of Play Arcade on Abstract. The arcade format allows us to bring over different parts of the game over time, and even to other chains in the future.”

Proof of Play Arcade on Abstract requires the purchase of credits, and has thus far attracted fewer than 10,000 total buyers, according to Dune data.

Some Pirate Nation players are upset by what they perceive as a false promise of a game that will never shut down. After raising $33 million in 2023, Mahajan told Decrypt that he was inspired to use the blockchain to design and deploy “forever games,” after Zynga pulled FarmVille—a game he helped build—offline. The Proof of Play site also highlights the importance of “serverless on-chain applications [that] cannot be censored or shut down.”

Despite this, Pirate Nation was apparently still reliant on Proof of Play, and is currently in the process of being shut down. Proof of Play did not immediately respond to Decrypt’s request for comment on this matter.

Unfortunately, Pirate Nation’s demise isn’t anything new for the industry, but simply the most recent example of a troubling trend of crypto games closing up shop. This year alone, major projects like Deadrop, Ember Sword, Nyan Heroes, and The Walking Dead: Empires have gone offline despite substantial past hype and player investment in tokenized assets.

While the exact reasons for games crashing out have varied, it usually boils down to a lack of funds to continue development. Gaming tokens have also broadly lost considerable value over the last year, with none currently remaining in the top 100 cryptocurrencies by market cap, according to CoinGecko. Given all of that, crypto gaming vibes are in a rough place.

“It’s pretty clear Web3 gaming sentiment is at a bottom, a lot of experiments have failed, and venture capital money from last cycle has largely run out,” crypto gaming content creator Luke Franks told Decrypt. “Building games—famously also in the traditional world—is hard.”

“But this is where you start to see some interesting new developments—the rise of small indie teams, vibe coding games with no budget, AI-driven mechanics that were never possible before,” he added, striking a more optimistic tone. “It’s a long way back up, but it starts here.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

B3.Fun Partners With Neobank Veera To Supercharge Web3 Gaming Engagement With RWA-DeFi Applications

30/04/2026

B.AI and CROSS Transform the Future of AI in Web3 Gaming

28/04/2026

Tomoland Partners With Anome Protocol To Advance Web3 Gaming Engagement With DeFi Applications

25/04/2026

GameFi is effectively dead as 93% of projects collapse

23/04/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Saylor warns of internal risks as Bitcoin enters new institutional era

30/04/2026

‘Removes Supply’—Ethereum Suddenly Faces BlackRock $500M Stake Shock

30/04/2026

Hong Kong Prepares First Stablecoin Licences for Major Banks

30/04/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.