The move adds to pressure on Web3 gaming projects as teams reassess products that have struggled to establish sustainable business models.
Pudgy Penguins is stopping development of Pudgy Party and redirecting its attention to Pudgy World, marking another retrenchment in Web3 gaming. The shift comes after the project failed to find a sustainable business model, underscoring the commercial challenges facing blockchain-based gaming efforts even as teams continue to explore broader ecosystem products.