Tokyo Beast Ethereum Game Shuts Down Amid High Operational Costs
Cryptocurrency game ‘Tokyo Beast’, launched this month on Ethereum’s layer-2 network Immutable zkEVM, announced on Tuesday its upcoming shutdown on August 24, citing balance issues with operational expenditures.
Developers Motohashi Games revealed the closure in a ‘blog post’, attributing the unexpected move, deployed barely a month after launch, to the difficulty of balancing operational costs. Producer Naoki Motohashi apologized to their supporter base for the ‘disappointment and regret’.
The game’s Tokyo Game Token (TGT) suffered a significant price collapse, trading near $0.006 shortly before the shutdown announcement, down approximately 96% from its launch peak.
To mitigate losses, the game will compensate BEAST NFT owners and eligible TGT holders with USDC stablecoins. Compensation for NFTs varies by asset rarity, while TGT compensation depends on staking duration and forfeits apply to holdings not staked.
Tokyo Beast joins a wave of increasingly frequent crypto gaming shutdowns in 2025, following titles like ‘Deadrop’, ‘Nyan Heroes’, ‘The Mystery Society’ and the preemptively announced, eventual shutdown of Square Enix’s ‘Symbiogenesis’.
