Metap Corporation and the Elemental Knight Online management team have announced a schedule for the termination of the game service for Elemental Knight Online. In-app purchases will be halted on February 27, and the game servers, marketplace, LAND Viewer, and MV Wallet are set to be stopped on April 30. The background includes a continued deficit of approximately 2 million yen per month against fixed costs of about 10 million yen, as well as considerations regarding the handling of NFTs and tokens, refund policies, and the possibility of transfer or transition for continuity.
Metap Corporation (hereafter, Metap) and the Original Rider Online Management Team have announced that due to the extreme difficulty in continuing the game service for the 'Original Rider Online' due to the ongoing system maintenance, they will be suspending the game service on April 30, 2026.
The announcement was made during an AMA held on February 26, 2026. It explained the results of a comprehensive assessment of operational conditions and financial conditions, highlighting that the continuation of the current system is challenging. On the operational side, it indicates that there is no change in conditions before the prior proposal, and it is showing a direction to proceed with phased service completion measures. On the other hand, it clarifies that the original element rider online operation team is not aiming for a completion of the game service. It notes the trends of the third-party rights holders, the transfer to other companies, and the potential construction of a new system for continuation.
Oh my! 🥰🌼
— hamu@GensouEshi (@hamchan_genso) February 27, 2026
Since the final episode has been announced, I'm feeling a mix of excitement and anxiety.
I'm so grateful to the original creators who have brought us this wonderful journey, and I want to enjoy it until the very end (≧◡≦)~#GensouEshi pic.twitter.com/RRlEwRH2Dk
#gensokishi#Gensokishi
— Yamakawa⚡️👿💎 (@ETH05197723) February 26, 2026
It was an unexpected announcement.
For over 4 years, it has been a MOD related to Gensokishi, and it is still a tradition.
The Gensokishi online is a Web3 MMORPG that has been continuously developed for over 4 years.
Regarding the BCG market, the operational estimate for 4 years is unusual.
Monthly fixed cost is 1,000,000 yen.
Current revenue is 200,000 yen.
… pic.twitter.com/Z0BeyAN78M
The BCG that has been running for another year is about to end, which is sad. ( #ElementRider ) So, I will post a real face.
— Goshou (@gosho1031) February 26, 2026
It is common to finish the game, but I feel sad that I can't do it in some parts of the profit... https://t.co/aLTPX8hvKe
The announced program consists of three phases. The first phase is on February 27, 2026. It is planned to suspend in-app purchases via Google Play, Apple App Store, and Slash. The official sale of the Scalper NFT will also be completed on the same day.
The next phase is on April 30, 2026. The game server will be shut down, and the game service will be terminated. The public suspension of the GENSO marketplace, the public suspension of LAND Viewer, and the suspension of MV Wallet usage will also be implemented on the same day.
The suspension of the MV Staking v1 (polygon) will be announced by the end of April 30. The suspension of MV Staking v2 (eth) will also be announced by the end of the week. The suspension of MV Staking v2 (polygon) will also be announced by the end of the week.
On the operational side, the monthly cost has reached a fixed amount of 10 million yen. The breakdown is as follows: infrastructure cost 3.4 million yen, operational cost 3 million yen, external service usage fee 700,000 yen, and advertising expense 300,000 yen. The maintenance cost and ROND subscription fee is 1.3 million yen, with other miscellaneous expenses amounting to 800,000 yen.
The corresponding monthly profit is calculated by aggregating metrics such as market price, operating income, and advertising profit, which is stated to be 2.2 million yen before tax. The profit and expense ratio indicates that a large red figure continues to appear each month. Despite implementing cost reduction and structural changes in stages, the explanation is that the market environment and profit structure have not improved significantly.
From the perspective of cash flow, the continuation of the current system has been determined to be impossible. The announcement at AMA indicated that the program to suspend funding is a necessary measure to counter the high outflow of funds.
The original rider on the operating team noted that there is a possibility of continuity in the case where the transfer and the passage of the examination were observed. If development occurs, it will be reported as a modification. On the other hand, the movement related to DAO transformation and community management is considered a significant interpretation. The form of movement that involves specific businesses or organizations is possible, and it is difficult to determine that public access to various data can be achieved through game systems, programs, and resources. A significant determination is required to ensure that the construction of sustainable capital and operational systems becomes necessary. The situation where operational guidance is sought is a case that requires inquiry.
The NFTs and tokens on the blockchain continue to exist even after the game service ends. However, after the game service is suspended, they will no longer be usable in the game. In the FAQ, it is explained that NFTs related to game services such as NFTs, ROND, and LAND will continue to exist on the blockchain, but after the game service is suspended, utility will be lost.
The market price is expected to be usable until April 30. In preparation for the public suspension, it is called for the completion of NFT outputs or the completion of NFT combinations by the deadline. The sale of the Scarlash NFT will end on February 27, but there is a need to conduct exchanges between the 180th and 210th days, which may affect the exchange page's opening.
MV Wallet is a service that is specifically designed for the use of game services and market price maintenance costs, and it will be suspended on April 30. The operators are requesting to move the tokens and NFTs within the wallet to external wallets by the deadline. The MV Staking is reported to be available with ROND or NFTs, and after the game service is suspended, it will be necessary to request the suspension of product supply to stop the supply of scenic items.
On the other hand, the USDT Staking will not be directly linked to the game service, and it has been announced that it will continue to be provided. In the Web3 title, the number of products is increasing, and it is a decision that separates the continuation and completion criteria.
Regarding the refund, it is a point that the refund policy is not planned based on the usage regulations. The operational side is seeking clarification. In the FAQ, it was explained that the reason for the delay in the decision is due to the ongoing process of reducing costs and modifying the system, and that there were points that had been added regarding improvements in the market environment and profit structure. The responsibility for the delayed decision is also indicated to be with the operational side.
The service is scheduled to end on April 30, 2026, and there are considerations for a new project involving MV tokens and original rider brands. It is also noted that there are thoughts about establishing a plan for the continuation of operations and how the acceptance rate will be established, which will be a focal point moving forward.
The management side has expressed gratitude for the support received over the past three years. Until the completion of the service, there are possible limitations on information disclosure and support measures. Regarding the area of the airline department, there is a situation where it is necessary to proceed with the suspension of production, product management, completion, and strategic agreements, which are likely to generate multiple projects with deadlines. Starting from the suspension date of April 30, there will be a need to systematically advance the relocation and collection management.
# Related URLs
Gensou Metaverse Official Site: https://genso.game/
Twitter (Gensou Metaverse): https://twitter.com/genso_meta
Discord (Gensou Metaverse): https://discord.gg/gensometaverse
LINE (Gensou Metaverse): https://lin.ee/fRx2vvE
Telegram (English Group): https://t.me/gensometamain
Telegram (Chinese Group): https://t.me/gensometazw
Telegram (Japanese Announcement): https://t.me/gensometajpn
YouTube (Gensou Metaverse): https://www.youtube.com/@gensokishionline-metap
Gensokishi Online is a DApps version of Elemental Knights Online.
It will be released for PC, Android, and iOS. Closed Alpha testing is scheduled for May 2022.
"Gensokishi Online (Genso Kishi Online - Meta World) is a blockchain MMORPG based on the world of the 3D MMORPG 'Elemental Knights Online'. Elemental Knights Online won the Gold Prize at the 2012 Taiwan Game Star Award and was the best-selling mobile game in Taiwan in 2012.
- Genre: MMORPG, Online, 3D
- Supported Languages: Traditional Chinese, English, Japanese
- Compatible Platforms: PC, Android, iOS
- Blockchain: Polygon/MATIC network.
- Tokens: $MV (UTILITY token), $ROND (in-game coin)
- Exchanges: Bybit, Kraken, Gate.IO, KuCoin, MEXC, Uniswap, Quickswap, Hotbit
- Marketplaces: OpenSea, Elemental Knights Marketplace
- Whitepaper: https://genso.game/pdf/WhitePaper_genso_JP.pdf
- Operator: Metap Inc."