Axes Metaverse Q2 Update (2/2) Regarding the traditional Web3 | Axes Metaverse News

Axes Metaverse Q2 Update (2/2)

Regarding the traditional Web3 market we saw declining interest in Gamefi. A lot of Web3 guilds we partnered with lost more than 90% of their playerbase. The number of active wallets in Gamefi has dropped drastically and our negotiations with launchpads are taking a lot longer than expected.

After lots of internal discussions we have decided to freeze the project and wait for the better market for Web3 games. We plan to shut down the game servers and work on a few updates based on the community feedback and prepare the game for token launch. The main goal is to focus on the traditional Web3 gamers experience and launch a successful traditional Web3 product.

The complete shutdown of the game servers is scheduled for May 25 at 4 PM UTC. Despite the shutdown of the servers, the marketplace will continue to operate normally so that you can sell or exchange your digital assets.