Fantasy.top has announced that it will cease operations at the end of June and will fully refund investor funds.

BlockBeats News, May 21st, the decentralized trading card game project Fantasy.top announced that it will officially cease operation at the end of June. The team stated that the project was initially launched as an "attention market" and social finance experiment, and had become one of the most viral consumer applications in the crypto industry. Fantasy.top indicated that the project had distributed over $20 million in rewards to players and $3.2 million to Heroes. The team mentioned that 86% of players eventually achieved profitability or broke even.

However, the team pointed out that the long-term economic model of the TCG (Trading Card Game) mode ultimately revealed limitations. Similar to consumer-facing crypto products like TopShot and SoRare, the platform's transaction volume was insufficient to sustain long-term operation. Over the past year, the team had explored various directions such as market prediction, Mindshare tracking, and social graph betting, but failed to find a sustainable market fit.

Additionally, Fantasy.top stated that it will fully refund investors in a "1 dollar back for 1 dollar" manner. The main competition will continue until June 18th, and the remaining functions will gradually shut down starting from May 21st.