Thursday, September 21, 2023

A lesson was learned but the damage was irreversible 

Retrieved Sept 20 2023, publish date unclear 

The Vast Majority of NFTs are Worthless 

Of the 73,257 NFT collections we identified, an eye-watering 69,795 of them have a market cap of 0 Ether (ETH). 

79% of all NFT collections – otherwise known as almost 4 out of every 5 – have remained unsold. 

March 28,2022 

So, my current "I have a half hour to kill" game of choice is Storybook Brawl. It's a free-to-play auto battler with an aesthetic very reminiscent of Hearthstone. [...]. It's not revolutionary, but it's fun. 

In terms of monetization, it's truly free to play.[…] It's been fun. I've seen video streams with the devs talking game balance, updates, and strategy. They seem fun and engaging. 

The company making the game has been bought out by a crypto exchange, with a grand goal of NFT-ing the game. Somehow. It's not clear, even in terms of handling asset rights what is supposed to happen. There's nothing to transfer between players or games, and art NFTs NFTs. 

The game, which had been wildly popular and highly rated, is currently being review-bombed into oblivion on Steam, and I'm likely to uninstall unless something happens to reverse course. Dammit, I liked that one. 

Steam review graph for Storybook Brawl, showing positive/negative reviews over time. 

Aug 4, 2022 

Sooo I used to play casually and returned to the game recently. I had no idea the game was acquired by a crypto company until I read a comment on reddit. What are the implications? What has changed with SBB? Pardon my ignorance but is the game some kind of crypto miner malware now lol? Is it becoming one of those play to earn scam games? 


There was talk about incorporating NFTs to the game since the FTX acquisition but no word about how yet, or whether it'll even work. For the time being, there have been no changes. 


[…] There is nothing in the short term planned for this 


Something might happen someday related to crypto or NFTs connected to something about the game. Maybe. Someday. With something. 

The liquidation of FTX, a Bahamas-based cryptocurrency exchange, began in November 2022 

May 1, 2023 

Game is broken as of today: says 9.999.9 update is available 

The game says that version 9.99.9 is up and should close the game and update. There's no update, even reinstall didn't help 

User “Ash” 

Game is dead as of yesterday. Literally, not hyperbolic. They've shut the servers off. 

User “Netwolfe” 

[…]Link to the article I am referencing 

The game’s shutdown announcement was met with sadness and disbelief, as it was noted that the game was Sam Bankman-Fried’s favorite NFT card-battling game. The association with the notorious CEO may have played a role in the game’s steadily declining fanbase, resulting in a drop of 59% in the average player count from 817 average players in February 2022 to about 331 average players in the past month. 


From Blockzeit: 

Final Thoughts 

The shutdown of Storybook Brawl serves as a stark reminder of the risks associated with building on a centralized platform. With the growing popularity of NFT games, it is essential to choose reliable platforms that can provide stability and security for both players and developers. The NFT gaming industry will undoubtedly continue to evolve, and it is up to developers and players alike to ensure its long-term success. 

From the Steam discussion thread: 

User "Sven Viking" 

The article calls it a Web3 NFT game, but as far as I saw the released version had nothing to do with either[...]