They also seemed to have spread themselves thin with all the games they had. Some that played OxUniverse including myself were hoping a major update was going revive the game and make it a lot of fun that was on the roadmap.
Instead it appears they put what little time they had left into trying integrate the Matic chain on ETH that claimed to fix all the issues ETH was having. That was done with a second universe in the game players could use that I never understood or wanted to try since you had to pay ETH fees to get there and move tokens over there as well.
Agreed, it does look like they over extended.
The move to Matic would have been a last ditch effort to rid themselves of the problems with ETH. Transitioning to a second universe sounds like a lot to ask of their player base!
Edit: Thanks for the tweet 👊