Colin Wu, in his cryptocurrency review, noted that the co-founders of the popular blockchain game STEPN have begun laying off staff en masse. The creators of the project commented on their decision by the fact that it is difficult for them to financially support the state due to the bear market that has begun. Thus, first of all, cooperation with ambassadors will be frozen. Also, the marketing department will be reduced.
The developers noted that the financing of the project itself is also being reduced for a while. At the same time, some of the planned updates have been postponed for launch at better times.
The development of the playground is not a priority, as the company decided to focus on promoting the Find Satoshi Lab brand, as well as developing projects that should be released in the coming year. According to the developers, fresh applications attract more attention in the market, rather than old ones.
On October 12, the value of the STEPN (GMT) coin - $0.636. Compared to last week, the price rose by 3%.
It is worth noting that the STEPN application has a competitor - the SWEAT project. Despite the recent launch, the development team notes high activity and a large number of downloads.