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

ZkProver · 2026-04-01T09:01:28+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

2026-04-01 09:01:28

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ChainCatcher message: The blockchain gaming platform Genome has announced that, due to changes in market sentiment, the decline of the InfoFi sector, and shifts in external conditions, the project is 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 $600,000 through NFT sales and public fundraising, while core team members personally contributed about $500,000. In addition, some members chose to defer receiving their salaries in exchange for token allocations, bringing total funding raised to approximately $950,000-$1,000,000.

During this period, the team completed multiple core product and infrastructure developments, including the Splice platform. However, the project cannot be sustained due to changes to the X API. The announcement details the team’s 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 costs include cloud infrastructure, development tools, third-party APIs, and more. The funds raised were initially kept in an exchange wallet, and then used for development, infrastructure, and operational expenditures. The team stated that it is exploring the possibility of financing, acquisition, or partnerships, but there are no confirmed outcomes at present. The project has not issued a token.

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