Star Atlas CEO: The company will focus on making low-cost game projects, and plans to launch a new version of the Sage online browser within three weeks

Odaily Planet Daily News Michael Wagner, CEO of Solana-based chain game Star Atlas, outlined the company's new vision in the community, including focusing on game projects with lower production costs. He said he hopes to launch a new version of Sage's online browser game in about three weeks. Wagner hopes to reverse the fortunes of Star Atlas through the launch of Sage and mobile games. Wagner said: "To me, this mobile app is a great opportunity to expand the user base; from the company's perspective, it actually provides an opportunity to generate income from a new asset class." (The Block) Earlier news, Star Atlas development studio Automata (ATMTA) revealed that in response to the challenging market environment, it will undergo a major restructuring of its business. Michael Wagner, the company's chief executive, said, "ATMTA is undergoing significant staff reductions to maintain its ability to develop Star Atlas long-term, prioritizing our SAGE and mobile products, which are likely to show better results in a shorter period of time. , while extending the development time for our other products.” ATMTA, which lost about $15 million in the FTX debacle, a large portion of its liquid cash balance, decided to downsize its team and refocus on SAGE games and mobile applications. The remaining core team will consist of 45 people, compared to a peak of 235 at the end of 2022 and cut to 167 after the FTX event. Following the reorganization, ATMTA will operate with a leaner team, ensuring they have the necessary agility and focus to deliver their focus products and maintain their existing products. The move is also aimed at making the company more attractive to potential investors to expand product development when conditions permit.