Key facts
- ElizaOS token project is declared dead by its founder.
- A class-action lawsuit settlement depleted ElizaOS project funds.
- Eliza Labs founder Shaw Walters will continue developing ElizaOS AI agent framework without a token.
- Blockchain game developer Proof of Play is ceasing operations.
- Proof of Play failed to establish a sustainable business model for decentralized gaming.
- Proof of Play will open-source its game assets and code.
- An independent foundation will continue supporting the PIRATE token.
The ElizaOS token project has been declared dead by its founder, Shaw Walters, who also leads Eliza Labs. This declaration follows a class-action lawsuit settlement that has depleted the project's remaining funds. Walters stated that the foundation supporting ElizaOS is being wound down. Despite the token's demise, Walters plans to continue the development of the ElizaOS AI agent framework, but without any associated token.
In a separate development within the blockchain and gaming space, Proof of Play, a blockchain game developer, is ceasing its operations. The company cites its inability to establish a sustainable business model for decentralized gaming as the reason for its shutdown. Proof of Play, which received backing from a16z, will be making its game assets and code open-source. An independent foundation is expected to continue supporting the PIRATE token associated with the project.