TL;DR
- Valeria Games has suspended the development of its mobile game and TCG due to a lack of funds and is looking for investors or buyers.
- The community reacted with concerns about financial management after a P2A campaign that generated over 20 million transactions.
- The game remains online without a clear roadmap as the company explores funding options.
Valeria Games has halted the development of its mobile game and trading card game (TCG) due to financial issues. The company informed its community that it had ceased operations while seeking investors or buyers to sustain the project. It also confirmed the indefinite cancellation of the $LOV token generation event (TGE), which had been planned for a yet-to-be-announced date.
The announcement sparked various reactions among players, especially those who participated in the recent “play-to-airdrop” (P2A) campaign. This event generated over 20 million transactions and engaged more than 100,000 active wallets on the XAI blockchain. Some community members questioned how the company reached this point, while others pointed to a possible lack of transparency in fund management.
Valeria Games: Lack of Transparency or Poor Financial Planning?
Founded in 2022 under the name Antebellum Games, the company focused on integrating blockchain technology into video games and digital collectibles. It formed collaborations with NFT projects such as Creepz and Kaiju Kingz and expanded its offerings with a webcomic series that surpassed 300,000 reads in a single week. It also introduced a physical TCG prototype and sold out its Founder’s Set in December 2023 in just 23 seconds. In October 2024, it launched Valeria: Land Before the War, a real-time strategy game, and shortly after, migrated to XAI’s Layer 3 to reduce costs and improve on-chain functionalities.
The shutdown raised concerns about resource management. Some players believe the company underestimated its financial needs, while others suspect it may have concealed the severity of the situation. The lack of information regarding potential refunds or compensation has further increased uncertainty.
For now, the game remains online as the team explores funding alternatives. There is no clear roadmap or guarantees regarding a possible project revival. This situation highlights the challenges of developing blockchain-based games, where financial stability remains a key factor in ensuring project continuity
