Sci-fi blockchain game Unioverse has shut down after six months of funding struggles. Market shifts and AI disruption cited as key reasons for closure.
Unioverse, the sci-fi web3 gaming platform that promised a new kind of open, player-powered universe, is shutting down. The announcement came from founder Wyeth Ridgway in a Discord post, where he confirmed that the team could no longer keep the game alive. After six months of trying to secure new funding and partnerships, the project has officially ended.
The news was later echoed on X, with Ridgway stating that Random Games - the studio behind Unioverse - is closing its doors. He also mentioned that a few contributors are exploring ways to keep the project’s assets alive, but the platform itself is no longer operational.
Unioverse Is Officially Shutting Down
Unioverse wasn’t just another blockchain game. It was designed as a full-fledged sci-fi franchise, set 700 years in the future in a galaxy-spanning world built around an ancient space station. The idea was to let players and developers shape that world using professional-grade assets, all released royalty-free.
The platform provided a full SDK packed with 3D models, characters, animations, and music. Anyone could use those assets to create games, comics, or merchandise - and keep 100% of the profits. NFT avatars were at the core of gameplay, offering access across Unioverse titles. The platform aimed to be a shared universe, where content could move between games and creators could build freely.
Unioverse Is Officially Shutting Down
Unioverse came out of Random Games, co-founded by industry veterans Tony Harman and Wyeth Ridgway. Harman had worked on titles like Donkey Kong Country and Grand Theft Auto, while Ridgway had a background in licensed games through Leviathan Games, with credits on IPs like Terminator and South Park.
In 2022, the team raised $7.6 million in seed funding. The round was led by well-known names in the space, including Resolute Ventures, Asymmetric, IGNIA, and Polygon. At the time, the project was pitched as a “community-owned web3 franchise,” aiming to shift ownership and creative control into the hands of players and developers.
Unioverse Is Officially Shutting Down
Despite the growing headwinds in the blockchain space, Unioverse made several major content drops in 2024. In April, it introduced Unio Coin - its main utility token with a total supply of 4 billion. The token was tied to gameplay progression and collectibles, and a TGE was planned for summer.
In July, the Hoverdrome alpha tournament went live, offering $15,000 and 300,000 Unio tokens in prizes. It was a free-to-enter, futuristic racing game that served as one of the platform’s first live competitions.
October brought the Genesis Starfighter NFT mint. These were blank spaceships players could customize using in-game tools, with full interoperability planned across future games. Then in November, the team launched the Ventus PFP collection - 5,000 playable avatar NFTs that unlocked perks, gameplay boosts, and early access to new content. These avatars required users to lock 50,000 Unio tokens, which could later be reclaimed, making the mint essentially free for existing holders.
Unioverse Is Officially Shutting Down
In his July 10 Discord post, Ridgway laid out what went wrong. The team spent half a year talking to potential partners and backers but couldn’t find a way forward. The market for crypto games had shifted dramatically, with investor appetite cooling and players moving on.
At the same time, AI tools began changing how digital content is made - from game art to code. That shift undercut part of Unioverse’s pitch, which was based on delivering high-quality, usable assets to indie creators. With AI now generating similar content faster and cheaper, the project’s core value proposition became harder to sustain.
Ridgway made it clear that they no longer had the resources to maintain the servers or continue development in any meaningful way. The shutdown is immediate, and no revival is currently planned.
Unioverse Is Officially Shutting Down
While the game is officially offline, Ridgway said that “key contributors are stepping in to try to preserve it.” It’s not clear what that will look like, but there’s some hope that the SDK, NFTs, or parts of the game world might live on in other forms.
A detailed post-mortem is expected soon, which should offer more insight into the team’s journey, what they learned, and what might be salvageable. Because Unioverse was built around royalty-free tools, the door remains open for developers to remix or reuse the content.
Unioverse followed a pattern that’s become increasingly common in web3 gaming: early excitement, a bold vision, strong fundraising, and then a tough market reality. The platform leaned heavily on the idea of community-owned content and token economies - an approach that saw a lot of momentum between 2021 and 2023.
But the broader blockchain gaming market cooled off. Token prices dropped, NFT interest declined, and the emergence of generative AI tools shifted development trends. Like other web3 games, Unioverse struggled to maintain engagement and secure long-term sustainability once the hype faded.
For now, Unioverse stands as another ambitious entry in the evolving story of web3 gaming - one that pushed hard on interoperability and player ownership, but ultimately couldn’t escape the broader changes reshaping the industry.
About the author
Eliza Crichton-Stuart
Head of Operations
Updated:
July 13th 2025
Posted:
July 13th 2025