The blockchain game AbyssWorld claims that the investment institution Chain Hill Capital has defaulted on payments and will unlock AWT tokens for investors in advance

ChainCatcher news, the community administrator of the blockchain game AbyssWorld announced that, "In order to secure the funding needed for game development, we have decided to postpone this month's SUI airdrop for Gazer. We have encountered long-term deception, and our early major investor Chainhill Capital has faced issues, with investment funds for AbyssWorld and other games not being received. For Abyss World, the funds have been overdue for more than six months. We expanded the team as promised but consumed more cash reserves than planned."

In addition, the announcement mentioned that the project will do its best to repay and compensate the community users who have been harmed, and will keep a record of Gazer holders. Due to financial constraints and the inability to fulfill market-making commitments, the project has decided to unlock and release all remaining AWT tokens for Gazer and IDO to help those disappointed investors exit as soon as possible. They also plan to announce the burning of some previously repurchased tokens soon.

According to Deep Tide reports, many game development teams affected by Chainhill Capital's failure to make payments have also been impacted, with total promised investment funds nearing 20 million dollars.