🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
Insiders: Blockchain game developer Neon Machine has fallen into financial crisis, with a net loss of $11.4 million last year.
According to Techub News, citing insiders reported by Blockworks, the chain game "Shrapnel" developer Neon Machine has fallen into financial crisis, losing money every year since 2021, with total operating expenses reaching 86.9 million USD. Among them, Neon Machine's net loss for 2024 is estimated to be 11.4 million USD (service revenue is about 21.7 million USD, but operating expenses are approximately 33 million USD). In addition, a financial document from Neon Machine predicts that starting in March 2025, its cash reserves will be in deficit, and assuming no additional cash revenue, the deficit will exceed 13.5 million USD by the end of this year's fourth quarter. Several insiders familiar with Shrapnel's financial situation have indicated that Neon Machine has a large amount of unpaid debt, owing millions of USD to external vendors. Furthermore, Shrapnel has undergone at least three rounds of layoffs, with the most recent round occurring in early March of this year.
Neon Machine completed a $20 million financing round in October 2023, led by Polychain Capital.