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ATMTA, the operating company of the chain game Star Atlas, is undergoing major layoffs, and once lost $15 million in the FTX explosion
According to PANews news on July 25, according to CryptoBriefing, ATMTA, the operator of Star Atlas, the Solana ecological chain game, is undergoing substantial layoffs to ensure the continued development of Star Atlas and focus on SAGE games and mobile products. These applications have shown good growth potential. The remaining core team is 45 people, down from 235 at the end of 2022 and 167 after the FTX incident. ATMTA lost $15 million in the FTX debacle, a significant portion of its liquid cash balance.
In November last year, the Star Atlas founder had said that with a large exposure to FTX, the cash would be cut in half. #Content Star#