According to an official announcement, Proof of Play, a blockchain gaming studio backed by a16z, has officially ceased operations, stating that it was unable to develop a sustainable business model to validate the core argument that blockchain gaming drives the decentralized internet. The company has decided to open-source all code, smart contracts, and artistic IP for its Pirate Nation game under the CC0 license, making them available for use by future developers. Additionally, its internal AI-assisted development tools have also been open-sourced.
Blockchain Game Studio Proof of Play Announces Closure and Open-Sources All Code and Assets
TechFlowShare
Summary
Blockchain news outlet TechFlow reports that Proof of Play, a studio backed by a16z, has shut down operations. The company was unable to build a sustainable model to support its vision of blockchain games driving a decentralized internet. Pirate Nation’s code, smart contracts, and art IP are now open-sourced under CC0. The team has also released its internal AI tools. A blockchain upgrade enhancing transparency and access marks the studio’s final action.
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