According to the Cinder white paper, the Wildworks team began beta testing in April 2020. At some point, the part of Wildworks creating Cinder branched off and formed Cinder Studios.
The information provided in the Cinder white paper indicates that the Wildworks team began testing their game in April 2020. Subsequently, a division within Wildworks that was focused on developing Cinder became independent and established its own company, Cinder Studios.