Virtuals Protocol has announced the immediate suspension of the PLAY Game AI launch, which is a new project initially introduced through its Genesis platform. In an official statement, the protocol accused PLAY Game AI of exploiting the Genesis launch to deceive users, manipulate the platform, and erode trust within the community.
Virtuals Protocol Halts PLAY Games AI Launch
We treasure the magic of first experiences.
When someone steps into Virtuals Protocol, tries something new, and feels the potential.
Bad actors who try to ruin that?
Virtuals Protocol doesn’t tolerate it.Today, we witnessed @playgameAI attempt to exploit the Genesis Launch,…
— Virtuals Protocol (@virtuals_io) April 28, 2025
According to Virtuals Protocol, PLAY Game AI deliberately sought to take advantage of the launch, exploiting loopholes and engaging in deceptive practices. In response, the protocol declared the project’s launch a permanent failure and confirmed that a compensation plan is being developed for affected users.
“The launch of @playgameAI will be permanently declared a failure,” the protocol posted on X. “A compensation plan is in motion, and as always, Virtuals Protocol will never ask users to transfer funds through unofficial channels.”
The platform reaffirmed its commitment to user safety and transparency, adding:
“When someone steps into Virtuals Protocol, tries something new, and feels the potential—bad actors who try to ruin that? Virtuals Protocol doesn’t tolerate it.”
PLAY Game AI, which marketed itself as a player-led autonomous yield game powered by AI, blockchain, and DAO technology, has not responded to the allegations. Its official X account remains restricted, with no visible posts or updates regarding the situation.
This incident has come to light amid growing scams (like rug pulls and pump-and-dump) in the crypto space. In response, several platforms and exchanges have fastened scrutiny over new projects. For e.g., Binance recently delisted Alpaca Finance ($ALPACA) for failing to meet market standards. Following the delisting, $ALPACA briefly surged before plummeting 25.52% in a single day to $0.1994.
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