DMM Crypto has decided to terminate the Seamoon Protocol due to challenges and changes in the business environment, reflecting the volatile nature of the cryptocurrency sector in Japan. The discontinuation raises concerns about sustainability in Japan's crypto landscape. The Seamoon Protocol, which relied on the SMP token and aimed to create a gaming ecosystem within the DM2 Verse, had initially shown promise but has now been discontinued. DMM Crypto had also been exploring partnerships with stablecoin platforms but has shifted priorities due to the challenges faced. The closure of the protocol will impact the recently launched game, Kanpani Girl Re:Bloom. The decision has left investors and stakeholders uncertain about the future of digital innovation within the company. DMM Crypto is part of the larger DMM.com ecosystem, which has been involved in cryptocurrency since 2017 and faced setbacks, including a hack in mid-2024.



Other News from Today