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tokyo beast shutdown news
Key Points:* Shutdown of TOKYO BEAST due to operational costs, USDC compensation for players announced.
TOKYO BEAST, a major mobile game by a Japanese company, will cease operations on August 24. This decision comes from Naoki Motohashi due to operational cost challenges. The announcement includes USDC compensation for players to maintain ecosystem stability.
TOKYO BEAST to Cease Operations, Compensates Players in USDC
The decision to wind down TOKYO BEAST aligns directly with controlling operational costs while minimizing market disruption. The team chose USDC for compensation to stabilize TGT token value, with ongoing ecosystem projects and a new title announcement hinted by Naoki Motohashi.
Naoki Motohashi from TOKYO BEAST has confirmed the shutdown scheduled for August 24. This bold move comes as the team cites unsustainable operational costs. Importantly, USDC compensation will be provided, ensuring no adverse effect on TGT tokens. TGT and its underlying ecosystem maintain function, with a second game title underway. According to Motohashi, the shutdown decision was difficult but necessary for future strategic focus. Community sentiment varies, with players expressing both disappointment and optimism for future titles. TGT price integrity is supported by the team’s compensation strategy, reflecting previous GameFi sector shutdown reactions.
GameFi Sector Adapts with Compensation for Stability
Did you know? Many GameFi projects have folded but maintained token stability by implementing clear compensation mechanisms, reducing ecosystem panic, similar to plans by TOKYO BEAST.
TGT is trading at $0.01 as of the latest CoinMarketCap update, with a market cap of approximately $1.19 million and significant trading volume shifts. The current data demonstrates a 96.08% decline over the past 90 days, amid an overall negative market trend.
| | | --- | | DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |