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Intrepid studios closes after 10 years of developing ashes of creation

Intrepid Studios Closes | Ashes of Creation MMO Shuts Down After 10 Years

By

Liam Johnson

Feb 1, 2026, 06:24 AM

Edited By

Sofia Wang

Updated

Feb 1, 2026, 04:28 PM

2 minutes of duration

Intrepid Studios building with a closed sign, representing the end of Ashes of Creation development.
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Intrepid Studios, the developer behind the MMO Ashes of Creation, has suddenly shut down operations. This closure comes just two months after the game's launch on Steam Early Access, leaving players and employees in shock. All staff members have been laid off, and CEO Steven Sharif has resigned. The decision highlights ongoing sustainability issues within early access gaming models.

A Turbulent Journey

The game's decade-long development aimed to rival World of Warcraft, but its path has been rocky. In addition to the problematic launch, players raised concerns, with some stating, "Itโ€™s obviously a scam. He didnโ€™t get enough suckers into the game anymore, so he shut it down with very weak reasoning." The narrative grows more complex with a commenter questioning the CEO's background, stating, "He made his fortune in MLMs and somehow people thought this game wouldnโ€™t also be a scam.'

Community Response: Anger and Skepticism

Reactions across user boards reveal a mostly negative perception regarding the studio's failure. People express outrage over extended waiting periods on a game many invested hundreds into, with packages priced at $300. Another commenter confidently asserted, "Most obvious scam of all time. Reminder that there are people who paid up to $300 for alpha access."

Players are also grasping the potential implications for future MMOs. As articulated by one frustrated user, "I mean, an MMORPG is the one thing I wouldnโ€™t trust an indie developer with." The ongoing conflicts within the player community have only worsened matters.

Key Themes from Community Comments

  1. Financial Distrust: Many feel misled after significant investments, citing poor transparency.

  2. Development Woes: Comments highlight execution issues and a perceived drop in innovation.

  3. Community Conflicts: User disputes have made the environment toxic for new players, impacting retention negatively.

"This shit smells like a rugpull."

What's Next for Early Access Gaming?

The fallout from Intrepid Studios' closure might have broader implications. Gamers' frustrations signal a need for developers to reevaluate their approaches. Supervision over early access models could become stricter, pushing developers toward more reliable funding avenues.

Important Insights

  • โœ–๏ธ A decade of development halted with no refunds for players.

  • ๐Ÿ’ฐ Financial losses for players remain significant, leading many to label it a scam.

  • ๐Ÿ’” Community discord likely worsened the game's performance at launch.

As 2026 progresses, this closure underlines serious challenges surrounding early access titles, emphasizing developers' responsibilities to their player base.