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Empty game development studio with monitors showing blockchain code after Proof of Play shutdown
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Proof of Play shuts down as blockchain gaming thesis fails to scale

August 6, 2026 Jackson Miller

Blockchain game developer Proof of Play is ceasing operations after failing to build a sustainable business around its decentralized gaming thesis, the company announced on August 5, 2026. The a16z-backed studio said it could not develop a product that proved blockchain-based games could help usher in a decentralized internet at scale. What led to the […]

  • Proof of Play shuts down as blockchain gaming thesis fails to scale
  • Klaviyo acquires Elias Torres’ Agency, bringing the founder back as chief product officer
  • WindBorne raises $37M to turn AI weather forecasting into a business
  • BlackRock Prepares 1-for-3 Reverse Split for ETHA, Expands Staked Ether ETF Lineup
  • Judge denies CFTC emergency motion to halt New York enforcement case against Kalshi
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  • Empty game development studio with monitors showing blockchain code after Proof of Play shutdown

    Proof of Play shuts down as blockchain gaming thesis fails to scale

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    Blockchain game developer Proof of Play is ceasing operations after failing to build a sustainable business around its decentralized gaming thesis, the company announced on August 5, 2026. The a16z-backed studio said it could not [...]
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    August 6, 2026
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  • Proof of Play shuts down as blockchain gaming thesis fails to scale
    August 6, 2026
  • Klaviyo acquires Elias Torres’ Agency, bringing the founder back as chief product officer
    August 5, 2026
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