EA has announced that they’ve decided to stop the development of Dawngate. The game has been in beta for almost 18 months including a full open beta for the last 6 months. The game will be shut down in 90 days.
All players will be entitled to a full refund of any money they spent during the beta period. Most players will receive their refunds in the next 10 days.
You can read the full announcement here.