Fantasy.top: Trading card game model is not suitable for the crypto sector; the platform will shut down and issue full refunds

Odaily Planet Daily News: On-chain card trading platform Fantasy.top has announced that after months of consideration and exploring other options, it has decided to shut down the platform. Co-founder Kipit stated that the core reason for the failure was building crypto technology on the trading card game model, as the two are fundamentally incompatible. Crypto trading card games prioritize financial value as the main entry point for players, attracting investors rather than gamers, which resulted in the project becoming an economy management exercise rather than game development. Additionally, Kipit pointed out that issuing tokens before achieving product-market fit is toxic.

In response to previous accusations of refusing refunds, the official statement reiterated that since the business has been self-funded through product revenue, investor funds have not been touched. All pre-seed and seed round investors will receive full refunds. (theblock)