Aether Games (AEG)

Crypto Projects That Shut Down in 2025 ❌

🚫 GameFi & Blockchain Gaming

• Aether Games ( $AEG ) : Dec 15
→ Low players, token collapse, security issues

• Deadrop : Jan 30
→ Studio financial struggles

• Ember Sword : May 21
→ Ran out of funding

• Nyan Heroes ( $NYAN ) : May 16
→ Failed fundraising despite strong tests

• Realms of Alurya : May 29
→ Publisher funding cut

• The Mystery Society : Feb 25
→ Web3 funding issues

• Blast Royale : Jun 30
→ Scaling failures

• Mojo Melee ( $MOJO ) : Jul 1
→ Pivoted to AI

• Raini: Lords of Light ( $RST ) : Jul 21
→ Exited crypto gaming

• Symbiogenesis : Jul 31
→ Planned wind-down after roadmap

• The Walking Dead: Empires : Jul 31
→ Operational shutdown

• Tokyo Beast : Aug 24
→ High costs, low profitability

• Pirate Nation ( $PIRATE ) : Sep 18
→ Low users, financial stress

• Chronoforge : Dec 30
→ Funding crisis

• Battlebound / Anterris : Mar 11
→ Studio shutdown

• Champions Ascension ( $PEC ) : Mar 17
→ Pivot to AI

• Blade of God : May
→ Part of broader Web3 gaming failures

• Ragnarok: Monster World ( $ZENY ) : Dec 29
→ Financial + partner disputes

🚫 Other Crypto Projects

• Rowan Energy ( $RWN ) : Jun 25
→ Rug pull allegations

• Kadena ( $KDA ) : Oct 21
→ Org shutdown, now community‑run

• Kinto ( $K ) : Sep 30
→ Exploit + failed fundraising

• DappRadar : Nov 17
→ Unsustainable operating costs

• Pryzm ( $PRYZM ) : Announced Dec
→ Wind‑down in Jan 2026

🚫 Partial Shutdowns / Soft Deaths

• Aleph Zero ( $AZERO ) : Jun
→ L2 shut down, co‑founder exit

• Mantra ( $OM ) : Apr
→ 99% collapse, inactive team

Big Picture ⚠️

• 60+ major projects shut down in 2025
• GameFi was hit hardest
• Millions of small projects failed quietly