NFT Viking Game Goes Under After Losing $800K In Crypto And Debts
Independent games studio Pixie Interactive have gone under after losing over $800,000 to crypto and tax-related debts. The studio, which adopted the tagline “bringing fun back to play-to-earn,” were in the midst of creating an NFT viking game. As reported by Martijn van Wezel, the studio invested a huge amount of money in LUNA.
The NFT viking game was in co-production with Northern Guilds and one employee has now come forward on Discord to explain what happened - noting that they were previously unable to do so due to NDAs and contracts. Funds were invested into LUNA and Pixie’s founders started the failed project NFTVault to try and raise funds. The studio continued to struggle to find investors and was facing massive tax bills. This resulted in the bankruptcy with the employee noting that “Pixie Interactive is dead.”
Source
@Metaverse_Defi_Nfts_Trading
