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Crypto and NFT Gaming Industry Overview
The crypto and NFT gaming space is currently experiencing a surge of activity, with the release of prominent games, token airdrops, and various other notable events taking place. Keeping track of all these developments can be overwhelming for enthusiasts and industry professionals alike. Fortunately, Decrypt’s GG team is diligently covering all the latest updates in this dynamic sector. To provide a convenient summary of recent happenings in the world of crypto video games, we are pleased to introduce “This Week in Crypto Games,” our comprehensive weekend roundup that highlights key industry news from the past week and features select original stories.
Key News Updates
Notcoin Token Launch: A viral Telegram-based game known as Notcoin is scheduled to launch its NOT token on The Open Network (TON) around April 20, coinciding with the anticipated Bitcoin halving. Following the token release, significant changes will be implemented in the Notcoin ecosystem, particularly in coin mining operations and overall platform functionality. Decrypt’s GG team has exclusive insights from the developers regarding these upcoming modifications.
Saga Sets Binance Record: The SAGA token of the layer-1 blockchain network Saga is set to debut on April 9, accompanied by a Launchpool campaign on Binance offering 45 million tokens to users staking BNB or FDUSD tokens. This initiative has garnered substantial interest, with over $13.3 billion worth of tokens currently staked by more than 450,000 Binance users, establishing a new record for Binance Launchpool campaigns.
Bitcoin Gaming Handheld: The BitBoy One, a Bitcoin-centric handheld gaming device resembling a classic Game Boy with a stylish translucent orange shell, is poised to launch later this year. Priced at an estimated $500, this innovative device supports play-to-earn games, classic game emulation, functions as a Bitcoin hardware wallet, and can potentially mine crypto airdrops via decentralized physical infrastructure networks (DePINs).
Coachella NFT Scavenger Hunt: Attendees at the Coachella music festival will have the opportunity to participate in an on-site game that involves collecting Avalanche NFT-based stamps through an app featuring an integrated OpenSea Wallet. By engaging in this scavenger hunt, participants can earn rewards, prizes, and exclusive access privileges. This initiative follows the recent launch of Coachella NFTs on the Avalanche platform via OpenSea.
In Case You Missed It (ICYMI)
- Pixel Vault is bringing its crypto game Battle Plan and the Reboot gaming protocol to Xai, a layer-3 Ethereum gaming network utilizing Arbitrum technology.
- Today, a social simulation game employing generative AI and NFTs, recently secured a $5 million seed funding round led by Sfermion and Big Brain Holdings.
- Square Enix’s Symbiogenesis game on Ethereum unveiled additional details about its collaboration with Avalanche-based shooter Shrapnel. Players can participate in a “treasure hunt” to earn NFTs starting Tuesday.
- Trala Lab, a subsidiary of mobile game publisher Joycity, has entered into a partnership with Ethereum scaling network zkSync to enhance the gaming experience.
GG Spotlight
Here are some noteworthy original stories from the past week that we recommend for your weekend reading:
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