News

Storybook Brawl To Shut Down Servers On May 1

Key Points:

  • SBF-linked Storybook Brawl game to shut down servers on May 1 according to a Twitter statement.
  • SBF’s crypto empire collapsed in November 2022 after experiencing a bank run.
  • Reactions to the news have been largely positive, with many wishing it could continue operating.
On April 25th, a statement on Twitter announced that the online card game, Storybook Brawl, linked to Sam Bankman-Fried, would be shutting down its servers on May 1st.

Despite exploring various options, the team has decided to discontinue the game. This news comes after FTX, a cryptocurrency exchange, acquired the digital game developer Good Luck Games LLC in March 2022, with SBF mentioning at the time that the purchase would explore the intersection of NFTs, crypto, blockchain, and gaming.

It is worth noting that the free-to-play card game gained widespread popularity after reports emerged that SBF played it during meetings and calls. The game’s popularity has skyrocketed, amassing a loyal fan base disappointed by the shutdown. Gustavo Affonso, a gamer, expressed his willingness to contribute to crowdfunding efforts to keep the game running. The game’s fanbase is passionate and dedicated to keeping it alive.

Interestingly, SBF’s crypto empire collapsed in November 2022 after experiencing a bank run, leading to a decline in its stablecoin reserves. Since then, executives of the firm, including SBF, have been charged with criminal offenses. As of now, SBF is currently facing several criminal charges in connection to the case.

The shutdown of Storybook Brawl’s servers is a significant blow to the gaming community, especially those interested in cryptocurrency. With the rising popularity of gaming with cryptocurrency, this decision could not have come at a worse time. Nonetheless, it is crucial to remember that the gaming industry is always evolving, and something new is always on the horizon.

Coincu will continue to update the situation related to Sam Bankman-Fried, you can find out more information through this article.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

Coincu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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