Fishing Frenzy@FishingFrenzyCo
Today we are sad to announce that Uncharted and Fishing Frenzy will shutdown and cease operations.
Despite our best efforts, we were ultimately unable to prove our thesis on crypto gaming and could not find product-market-business fit. We spent a lot of time in the past year testing multiple directions and audiences, but the results did not give us enough conviction in a viable path forward.
We are deeply thankful for the community and investors who gave us their time and trust, and we are sorry we could not deliver.
Here is what’s happening next:
- Servers will shutdown on June 25th 2am UTC
- USDC packages are no longer available in the game
- FISH token is now spend-only and untradable
- Karma scores are now open sourced for use by other teams and partners: github.com/unchartedgg/ka…
- All USDC from the FISH/USDC LP pool will be redistributed to the community and stakers, based off Karma score (snapshot taken as of 15 Jun)
- All USDC spend since Chapter 3 launch (May 14th) will be refunded (excludes diving)
- All Proof of Distribution rewards will be distributed by Sky Mavis directly to the community, proportional to Karma scores
Once again, we are grateful to everyone who supported us and will be available to answer any questions in our Discord.
We have also put together a FAQ here in the wiki: wiki.fishingfrenzy.co/guides-and-que…
Thanks,
JW, Derek and the rest of the Uncharted Team
