The world of crypto and NFT gaming is buzzing with activity, with new games launching, token airdrops happening, and a flurry of other events taking place. It can be overwhelming to keep up with all the developments, but fear not, Decrypt’s GG has you covered. If you’re looking for a quick way to stay informed about the latest happenings in crypto video games, look no further than This Week in Crypto Games.
Our weekly roundup brings you the biggest news from the past week, along with some lesser-known tidbits you might have missed. We also highlight a few of our original stories from the week for your reading pleasure.
In the world of crypto gaming, one of the biggest stories last week was the news of layoffs at Sky Mavis, the developer behind the popular NFT game Axie Infinity and Ethereum gaming network Ronin. The company confirmed that it had laid off 21% of its workforce, citing a strategic move to position itself for future growth. Despite the layoffs, Sky Mavis is focusing on its long-term plan, which includes expanding its offerings and launching a new game in Q1 2025.
Meanwhile, players of the W-Coin Telegram tap-to-earn game were warned to stay active or risk having their tokens burned. The game implemented a new inactivity rule ahead of an upcoming airdrop on the The Open Network, with players facing a 5% supply burn each day they remain offline. This move is aimed at ensuring that only active players shape the W-Coin ecosystem.
In another record-breaking event, the Ethereum-based arena battler game Moonray set a new milestone by minting over 220,000 “Jadeon Adam” character skins on OpenSea. These free NFTs, minted on Coinbase’s Ethereum layer-2 network Base, were claimed over a 48-hour period.
In case you missed it, there were several other noteworthy events in the world of crypto gaming last week. An Attack on Titan-themed survival game launched in The Sandbox, Telegram game Major started airdropping its token to players, and soccer-themed game Captain Tsubasa: Rivals revealed its token, JOHN. Additionally, Hong Kong gaming firm Boyaa Interactive sold $50 million worth of Ethereum to buy more Bitcoin, while battle royale shooter Off the Grid became available for cloud gaming.
Overall, the crypto gaming space is vibrant and full of exciting developments. Whether you’re a seasoned player or just getting started, there’s never a dull moment in this rapidly evolving industry. Stay tuned for more updates and be sure to check out our original stories for a deeper dive into the world of crypto games. Happy gaming!