Genome, a blockchain game, has disclosed that it faces closure due to market changes, and the team is seeking possible ways to continue operating.

CoinFeed reported on March 11 that the blockchain gaming protocol Genome announced it is facing closure due to changes in market sentiment, the decline of the InfoFi sector, and shifts in external conditions. The team is currently assessing whether it can continue. The announcement disclosed that over the past 8-10 months, Genome raised approximately $600,000 through NFT sales and public fundraising, while core team members personally invested approximately $500,000. Other members opted to delay receiving their salaries in exchange for token distribution, bringing the total investment to approximately $950,000-$1,000,000. During this period, the team completed the development of several core products and infrastructure, including the Splice platform, but changes to the X API rendered the project unsustainable. The announcement detailed the team composition and monthly costs, covering engineering roles such as front-end, back-end, smart contracts, and machine learning, as well as product, operations, and design functions.