Game development studio Aether Games has officially announced its closure

Aether Games officially announced the cessation of operations. The project released a statement on social media indicating that despite various efforts and adjustments by the team, they were unable to attract the player base necessary for survival. The project team admitted that the TGE (Token Generation Event) period was a turning point, as many transactions with KOLs, partners, and advisors proved to be dishonest, leading to significant financial losses. At the same time, major exchanges including KuCoin, Gate, and Bybit have issued delisting risk notifications for the AEG token, making it impossible for the project to continue.

Aether Games also pointed out that the high costs, complexity, and security risks in the crypto gaming market are key factors leading to failure. Recently, the project faced multiple hacking attempts, one of which successfully compromised some users. To prevent further scam risks, the official team has decided to close the Discord community. In their farewell letter, the team suggested that future project developers should consider small-scale fair fundraising and focus on DEX liquidity, rather than relying on expensive promises and unstable partnerships.