Signal
Type: original post | Authentic: authentic | Importance: important
Topic: Closure of the current version of Rising Star and relaunch under new management. Impact of the reduction in HBD rates (from 20% to 12%) on the sustainability of Web3 projects. Infrastructure vulnerabilities
Tags: #risingstar #hiveengine #web3gaming #blockchaingaming #hive #cryptonews #playtoearn
Claim: Due to increased hosting costs, HBD's interest rate reduction to 12%, the stagnant HIVE price, and the recent hack of the Hive Engine bridges, Rising Star will shut down in its current format and transfer the management of its tokens (STARBITS/STARPRO) and the game to Blockchain Gaming for a future relaunch co-designed with the community.
Stance: support
00:00 — The author begins the post by presenting some good and bad news for the game Rising Stars.
Why it matters: The closure and relaunch of Rising Star impacts Hive on three levels: it defines the future of its players' assets, serves as a case study on the infrastructure challenges for developers in the face of node failures, and demonstrates how financial governance decisions directly affect the sustainability of projects.
RE: Important Announcement Regarding The Future of Rising Star