Is Ashes of Creation Shutting Down? Cancellation Controversy Explained

Published: Sunday, February 1, 2026 at 8:26 am

Ashes of Creation: A Promising MMORPG Faces Sudden Demise

The highly anticipated MMORPG, Ashes of Creation, is facing an abrupt and likely permanent shutdown just weeks after its early access launch on Steam in December 2025. The game, developed by Intrepid Studios, was the culmination of nearly a decade of development and playtesting.

Reports began circulating around February 1st, 2026, indicating the complete collapse of Intrepid Studios. The studio's leadership team resigned, followed by widespread layoffs. Founder and Creative Director Steven Sharif cited the Board's wresting of control as the reason for his departure. However, a subsequent investigation revealed that Sharif may have been the sole member of the Board.

The financial situation at Intrepid Studios has resulted in the inability to process final paychecks for the laid-off staff. This occurred despite the game selling approximately 250,000 to 300,000 copies on Steam at a price of $49.99.

While the game remained live on Steam at the time of this report, a global shutdown appears imminent. With no staff remaining to maintain the game, its future is uncertain.

Players who have played Ashes of Creation for less than two hours on Steam are eligible for a refund through Valve's support channels. Those who have played for longer may still attempt to seek a refund, given the extraordinary circumstances. The situation has prompted speculation of potential class action lawsuits. The game's Kickstarter campaign promised full refunds to backers if the game did not launch on Steam, a condition that has technically been met.

BNN's Perspective: The situation surrounding Ashes of Creation is a cautionary tale for the gaming industry. While the game's early success on Steam is notable, the sudden collapse of the studio and the potential loss of player investment raise serious concerns about transparency, corporate governance, and the protection of consumer interests. It underscores the need for greater accountability within the industry.

Keywords: Ashes of Creation, MMORPG, Intrepid Studios, Steam, Shutdown, Refunds, Layoffs, Steven Sharif, Gaming, Cancellation, Early Access

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