Japanese encryption exchange DMM's chain game company under the flag will close Seamoon Protocol

Odaily Planet Daily News According to the Japanese Cryptocurrency exchange operator DMM, its chain game and Non-fungible Token (NFT) division DMM Crypto will shut down its Seamoon Protocol. The company announced that no new services will be added to the ecosystem, and the future arrangement of existing services on the platform is under discussion. Seamoon Protocol is supported by the SMP Token in Oasys L2 Blockon-chain DM2 Verse. The Seamoon portal is a Web3 game and content website featuring games and animations produced by the Japanese e-commerce and internet group DMM.com. In August, DMM Crypto partnered with the stablecoin platform Progmat to issue its own stablecoin, to be used alongside Fiat Currency and credit cards to enhance the financial prospects of the ecosystem. However, according to a statement by DMM Crypto released by Japanese financial blogger Norbert Gehrke: "Due to the rapid changes in the recent business environment posing challenges to the sustainability of the project, DMM Crypto has decided to terminate the project prematurely." Kanpani Girl Re: Bloom game made its first appearance in October. It is the first of the five games planned to be operated according to this protocol. Due to cost-cutting measures, the game will cease operations before January 31, 2025. (Cointelegraph)