Valeria Games Faces Financial Crisis, Halts Development
Web3 gaming studio Valeria Games has announced that it has run out of funds, leading to the suspension of development and support for its flagship mobile game and trading card game (TCG). This unexpected news has left players shocked and disappointed, especially coming just two weeks after the conclusion of Season 1 of Valeria: Land Before the War.
The Announcement That Shocked the Community
In a statement shared on X, the Valeria Games team revealed the unfortunate situation:
“Due to financial constraints, we are unable to continue development and support for our mobile game and TCG. We are currently exploring options for investment or acquisition to potentially revive the project.”
Despite expressing gratitude for the community’s support, the team confirmed that the planned $LOV TGE is now on hold indefinitely. This news has left many players feeling uncertain about the future of the game.
Community Backlash and Questions
The sudden announcement has sparked outrage among players, with many questioning how the studio could run out of funds so quickly after recent milestones. The backlash intensified as players highlighted the success of a recent P2A campaign that generated significant user engagement on XAI.
Wolves DAO member Cesar Martinez voiced his concerns on X, suggesting that the team should have been aware of their financial situation well before the public announcement.
Valeria Games’ Rise and Fall in the Web3 Space
Formerly known as Antebellum Games, Valeria Games made a splash in the web3 gaming industry with ambitious plans to integrate blockchain technology, TCGs, and digital collectibles. Despite achieving key milestones and revenue-generating events, the studio’s sudden financial collapse has raised eyebrows in the web3 community.
Key Milestones Before the Financial Crisis
- Partnered with notable NFT projects like Creepz and Kaiju Kingz in 2022.
- Expanded into webcomics and launched a physical trading card game prototype in 2023.
- Sold out the Founder’s Set collection within seconds in December 2023.
- Launched Valeria: Land Before the War mobile game in October 2024.
- Migrated to XAI’s Layer 3 chain for improved functionality in 2024.
Rug Pull Allegations and Speculations
The sudden shutdown of Valeria Games has led to speculation within the web3 community, with some players questioning the integrity of the studio’s actions. The team’s recent promotional activities and partnerships with platforms like Moca Network have fueled suspicions of foul play or mismanagement.
With no clear resolution in sight, players are left wondering about the future of Valeria Games and the fate of their investments in the game.
Uncertain Future for Valeria Players
As Valeria Games seeks potential investors or buyers to revive the project, players are left in a state of uncertainty. The lack of communication regarding refunds, compensation, and the promised airdrop has further eroded trust in the studio. The community now waits to see if Valeria Games will be able to recover from this setback and regain credibility in the web3 gaming space.
