On-Chain Gaming Protocol Genome Announces that, due to market sentiment downturn and the decline of the InfoFi sector, the project is currently in the final stage of evaluating whether to shut down. The announcement revealed that the project raised approximately $600,000 through NFT sales and public funding over 8 to 10 months, with core team members personally investing about $500,000 to sustain development. Genome emphasized that the project has never issued tokens, and the original plan was to do so after the ecosystem matured. However, development on the Splice platform was hindered due to funding bottlenecks and changes to the X API. Currently, the total expenditure of the project is about $950,000 to $1,000,000, covering R&D costs for interdisciplinary teams including frontend, backend, smart contracts, and machine learning. Although the team is actively seeking funding, acquisitions, or partnerships, there is currently no confident viable path. If a decision is ultimately made to shut down, the community will be informed in a timely manner.

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