Fantasy Top to Shut Down in June After Two Years
Fantasy Top, an Ethereum-based NFT fantasy game, will close at the end of June after paying players more than $20 million and influencers about $3.2 million.
Fantasy Top, an NFT fantasy game built on Ethereum, will cease operations at the end of June. The platform said its final fantasy competitions will conclude on June 18, and the website will remain open for seven days after that. Other offerings, including prediction markets and jackpot games, will end on Thursday, and unused gameplay tickets will be reimbursed.
The game launched in 2024 on the Blast Ethereum layer-2 network. It combined elements of fantasy sports and social media by using NFT “cards” for crypto influencers. Instead of athletic statistics, players’ cards were scored using engagement metrics from influencers’ posts on X. Players assembled rosters and competed in fantasy contests with prize payouts tied to those scores.
During its run, Fantasy Top distributed more than $20 million in payouts to players and about $3.2 million to the influencers featured in the game, known as “heroes.” The team said it was self-funded for the past 2.5 years and that investors will be repaid in full for every dollar invested.
The developer attributed the shutdown to the economics of the trading-card model. Trading volume in the game’s NFT cards did not provide a sustainable revenue source, and multiple attempts to pivot or launch related products over the past year failed to find a durable market fit.
A pseudonymous team member, Kipit, wrote on X that the company explored many directions, consulted advisers and considered a formal pivot before deciding to stop. Kipit posted: “We failed for one core reason: We tried to put crypto on top of a model that was never built for crypto.” The team described the shutdown as an effort to wind down responsibly rather than continue without a clear path forward.
The closure follows other crypto gaming projects and studios that have halted operations amid tighter funding conditions and splintered player communities over the past year. Fantasy Top did not provide details on any plans to transfer assets or on the future handling of the NFT cards beyond the reimbursements and the scheduled shutdown timeline.
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