Fantasy Top to shut down, says trading card game model was 'never built' for crypto

Onchain trading card platform Fantasy.top announced that it will shut down after over two years of operations.

According to an official X post, the team decided to shutter Fantasy.top after months of consideration and exploration of alternative options.

Fantasy.top's pseudonymous co-founder Kipit says the platform failed due to one core reason — building crypto on top of a trading card game (TCG) model, which are fundamentally incompatible with each other.

"We tried to put crypto on top of a model that was never built for crypto," Kipit wrote. "Every crypto TCG has failed. TopShot, SoRare, and now us. This isn’t a coincidence. It’s structural."

While the financial value of legacy trading cards, such as Yu-Gi-Oh and Pokémon, derives from the quality of the game and loyalty of its fanbase, crypto TCGs make the financial value their main entry point for players, Kipit explained, adding that this attracts investors, not gamers.