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[Aether Games, a blockchain gaming studio previously backed by Mysten Labs, announces official shutdown] Blockchain gaming studio Aether Games has announced its official shutdown, citing reasons such as liquidity depletion caused by KOLs and partners breaching trust during the TGE, defaults by marketing agencies, high compliance and operational costs, and recent delisting risk notifications from major exchanges. The project team admitted the current lack of a sustainable business model for crypto gaming and will close its Discord channel to prevent scams. Back in May 2023, the project completed a $4.5 million equity financing round, with participation from Mysten Labs, Polygon, and others.