Midnight Society Shuts Down, Halting Development of NFT-Backed Game DEADROP

The studio's closure follows financial difficulties, layoffs, and the departure of co-founder Dr Disrespect after allegations of misconduct.

Midnight Society, co-founded by Dr Disrespect, Robert Bowling, and Quinn Delhoyo, announced its closure after three years of operation and canceled its debut game, DEADROP.
The studio faced significant challenges, including the controversial departure of Dr Disrespect in June 2024 due to allegations of inappropriate messaging with a minor, which he later admitted to but disputed the context.
DEADROP, an NFT-backed vertical extraction shooter, was funded in part by the sale of Founders Pass NFTs, whose value has plummeted since the studio's closure announcement.
The studio's 55-person team was informed of the shutdown with minimal notice, citing a lack of funding as the primary reason for the closure.
Fans and NFT purchasers have expressed frustration, demanding refunds and questioning the future of their digital assets, though no official response has been provided by the studio.