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The Current Landscape of Crypto and NFT Gaming
The realm of crypto and NFT gaming is experiencing a surge in activity, marked by the launch of prominent games, airdrops of tokens, and a myriad of ongoing events. This whirlwind of developments can be overwhelming, but fear not, as our team at Decrypt is dedicated to keeping you informed.
If you are looking for a succinct overview of the latest happenings in crypto video games, look no further than This Week in Crypto Games. Our weekly roundup delivers the most significant news from the past week, as well as some noteworthy tidbits you may have overlooked. Additionally, we highlight a selection of our original stories from the week to provide you with a comprehensive understanding of the industry.
Key Developments in the Crypto Gaming Space
Notcoin Token Update: The eagerly anticipated Notcoin token faced a delay in its launch, with the team citing the need for additional time to ensure a flawless rollout. Co-creator Sasha Plotvinov explained to our team that as the original launch date of April 20 approached, it became apparent that postponement was necessary to address critical aspects of the token’s release. While the team initially targeted a release date tied to the “funny number” of April 20 and the Bitcoin halving event, they are now aiming for a debut by the end of April.
$50M in Immutable Rewards: Immutable’s latest initiative, The Main Quest, offers players the opportunity to earn up to $50 million in token rewards by engaging with games and the zkEVM network. Positioned as the largest crypto gaming rewards program to date, participants can also accrue rewards through activities such as using decentralized exchanges, providing liquidity for trading pools, and trading Immutable NFTs.
Charles Hoskinson’s Galactic Venture: GalaChain recently welcomed a fast-paced sci-fi shooter game developed by RFLXT, a company associated with Cardano founder Charles Hoskinson. Voyager: Ascension, a reimagining of the classic Web2 game Overload, is available for free on the GalaChain platform and features elements of Web3 technology. While this release is on GalaChain, RFLXT has expressed intentions to collaborate on Cardano-based games in the future.
In Case You Missed It
- Animoca Brands Japan partnered with Square Enix, the creators of the Final Fantasy franchise, to enhance the global visibility and adoption of the Symbiogenesis game and its accompanying NFTs.
- Puffverse, an upcoming gaming project originally on BNB Chain, is transitioning to the Ethereum scaling network Ronin and will soon introduce a play-to-earn party game. The project also secured a $3 million investment round led by Animoca Brands.
- InfiniGods, the mobile gaming studio behind King of Destiny, successfully closed an $8 million Series A funding round led by VC firm Pantera Capital.
- Heroes of Mavia adjusted its token release schedule following a 65% price decline since its peak in February, with fewer tokens set to unlock by February 2025.
- MetalCore, an Ethereum-based mech shooter game, is implementing quests that enable players to earn MON tokens, the native token of the Mon Protocol associated with Pixelmon.
Exploring Our Original Content
Take a deep dive into some of the compelling stories we covered this week:
– Animoca Brands Japan’s collaboration with Square Enix to boost Symbiogenesis
– Puffverse’s migration to the Ronin network and upcoming play-to-earn game launch
– InfiniGods’ successful Series A funding round led by Pantera Capital
– Heroes of Mavia’s revised token unlock schedule post-price correction
– MetalCore’s integration of quests for MON token rewards
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