GOAT Gaming shuts down; refunds now available

Wearemighty CEO Simon Davis has confirmed that the company is not shutting down.

“Over the past three years, the team has built a serious AI capability through sustained internal development. That work has resulted in infrastructure that is now attracting meaningful commercial interest outside of web3 gaming. More details will be announced next month,” he says.

Despite pivoting early into Telegram distribution and AI agents, Singapore-based studio Wearemighty has announced that it’s shutting down all its live web3 products.

This includes GOAT Gaming, Alpha Goats, its Amy Bot and its Telegram-based gacha rewards platform Gifts.Fun.

Starting out with its Mighty Action Heroes battle royale game and its MightyNet genesis NFTs in late 2022, the developer – originally called Mighty Bear Games – demonstrated its agility by moving from the Polygon chain to Treasure, before repositioning Mighty Action Heroes as an asymmetric rewards platform on Telegram called GOAT Gaming in 2024.

This saw the developer launching other similarly-rewarded titles such as Waifu Clash, and its AI- centric Alpha Goat NFTs. These were designed to act autonomously, earning their holders token rewards in the process.

However, the launch of GOAT Gaming’s GG token was hit when its launch exchange pulled out at the last minute. The team then “came to the conclusion that the current market environment and the Telegram ecosystem weren’t set up for a successful launch.”

In terms of deadlines, users of GOAT Gaming have until 16th February to convert their in-game assets into Gifts.Fun gems. These can be spent until 2nd March.

There will also be a refund process for people who bought Alpha Goat NFTs. This will be live until 16th February.

As for Wearemighty’s future, it’s not clear if the company is also being shut down or whether it will continue with a focus on AI gaming without blockchain.

You can find more details about the shutdown timings and refunds here.

Source: https://www.blockchaingamer.biz/news/41593/goat-gaming-shuts-down-refunds-available/