Lumina Fates three years after $7.5m funding

Tatsu Works pulls the plug from Tatsumeko: Lumina Fates, who ends a 3 -year journey, supported by $ 7.5 million in danger capital.

Blockchain-Sport developer Tatsu Works stated it stops the event of his MMORPG-LITE title “Tatsumeeko: Lumina Fates”, three years after amassing $ 7.5 million in enterprise financing.

The corporate established in Singapore stated in a Monday Blog announcement The choice adopted a number of rounds of Playtests that had been promising, however finally didn’t meet the expectations of the staff for a sustainable product.

“Though the ideas had been thrilling and there have been many moments of promise, the ultimate outcomes didn’t give us the arrogance to proceed in a approach that will be sustainable. We all know that this information is likely to be disappointing for individuals who had been passionate about Lumina Fates, and we recognize the time, ardour and anticipation that you’ve got invested within the journey.”

Tatsu works

Tatsumeko: Lumina Fates is designed to run on Ethereum and Solana Blockchains, with NFTs being built-in to supply distinctive digital property and a brand new enterprise mannequin for the sport. The undertaking based mostly on the success of Tatsu.GG, a discord -based platform that’s reportedly utilized by greater than 1.4 million communities and 60 million customers for gamification.

“We proceed to work for creating experiences that dwell, breathe and evolve with their communities. With undertaking: Wander already in improvement, we need to convey your digital third locations to life as by no means earlier than. It is going to function a modest worker of your creativity.”

Tatsu works

Regardless of the termination of improvement on Lumina Fates, the corporate says that it’s going again to its core energy – constructing video games that develop and evolve inside current communities. Tatsu Works additionally promised to transform current NFTs resembling Meekolony passes and important packages into new instruments for upcoming tasks, making certain that earlier individuals are a part of the creating ecosystem.

In June 2022, Tatsu Works collected $ 7.5 million through a seed financing spherical for Tatsumeeko: Lumina Fates, led by Defiance Capital, Delphi Ventures and Bitkraft Ventures. Different traders had been Binance Labs, Animoca manufacturers, dialectics and Guildfi.