The team behind BADMAD ROBOTS has announced difficult news: after years of development, the Web3 shooter has exhausted its capital. Challenging market conditions within the gaming industry made securing new funding impossible, leading the studio to freeze operations and place the project on indefinite hold.
Project Background and Community Engagement
BADMAD ROBOTS had developed a release-ready game, complete with a closed beta that was already live. The post-apocalyptic world attracted significant interest, amassing over 100,000 wishlists and fostering a community that grew to exceed 300,000 members. Strategic partnerships with guilds and other ecosystem players further bolstered the project's momentum. However, the available financial runway concluded before the project could achieve its full launch.
Token Holders and Community Reaction
Players who hold ACID tokens have been provided with instructions to claim them via a dedicated portal. The announcement has elicited a range of reactions within the community. Some individuals have voiced their disappointment regarding the project's pause, while others have raised concerns about the future value of the token.
Industry Implications
This situation highlights the inherent volatility that many Web3 gaming projects encounter. When relying on external investment in a challenging market, these projects can face shutdowns, underscoring the financial risks involved in the current landscape.