Raised $203M through NFT land sales in 2021-2022 to holders who were told they were buying into a AAA MMO, plus a $30M Series A from Bitkraft and Lightspeed on top. Never shipped a playable game, tried a pivot, offered partial refunds in 2024 and wound the project down. The cleanest never-launched case on this entire list and a standing answer to 'should you ever pay for virtual land'..