August 5, 2026·Bearish·corporate action
A16z-backed Web3 game developer Proof Of Play shuts down
Proof Of Play, the Web3 game developer behind Pirate Nation and backed by A16z, announced it is ceasing operations, citing failure to build a scalable and sustainable product/business model.
Detected & updated continuously · Source: Nebula
Sources
@btcliveco
JUST IN: 💰 Proof Of Play, the a16z-backed Web3 game developer, is shutting down operations, citing failure to build a scalable and sustainable product. https://t.co/14gXaJI01R
@BSCNews
A16z-Backed Web3 Game Developer Calls It Quits Proof Of Play, the Web3 game developer behind Pirate Nation and backed by A16z, announced it is ceasing operations. The company said it failed to build a scalable and sustainable business model to match its vision. It plans to https://t.co/qbdumnpRhM