Irreverent Labs, the creators of MechaFightClub, have announced an indefinite pause in the development of their Solana-based cock-fighting NFT game due to regulatory challenges surrounding the future of crypto in the United States. The game had reached "alpha" status, but its makers believe that the lack of clarity in regulations makes it difficult for organizations such as theirs to operate. The United States Securities and Exchange Commission (SEC) has increased its enforcement actions against crypto start-ups and platforms, creating huge friction. The team has also announced a repurchase program for any MFC NFT from the genesis mint. The game may resurface in the future in another form, but right now, nothing is certain.
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