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The Growing Crypto and NFT Gaming Landscape

The crypto and NFT gaming space is busier than ever lately, with prominent games releasing, token airdrops increasing, and various activities happening constantly. Keeping up with all these developments can be overwhelming, but fear not!

With Decrypt’s GG tracking all the latest moves in crypto video games, staying informed is easier than ever. And if you need a quick catch-up on the latest in the world of crypto games, This Week in Crypto Games has got you covered.

Our weekend roundup brings you the biggest news from the past week, along with some tidbits you might have missed. Additionally, we highlight a few original stories from the week to keep you informed and engaged.

Recent Developments in the Crypto Gaming World

Notcoin Token Update: Last week brought disappointing news for fans of the viral Telegram-based game Notcoin, as the project announced a delay in the token drop via The Open Network (TON) that was initially set to coincide with the Bitcoin halving. However, Decrypt’s GG revealed that this delay is temporary as the team works on finalizing the details.

The game, which attracted over 35 million players during its “mining phase,” is transitioning to convert in-game coins into NOT tokens. Despite the delay, the game is set to return with a revamped incentive structure post-token minting.

Price Volatility in Gaming Tokens: The crypto market witnessed turbulence in recent weeks, affecting gaming tokens, some of which plunged by more than 30%. However, there has been a positive turn lately, with top gaming tokens like Gala Games (GALA), Beam (BEAM), The Sandbox (SAND), and ApeCoin (APE) showing double-digit percentage gains over the past week.

Saga’s Generous Airdrop: Saga, a gaming-focused blockchain, launched a massive airdrop in collaboration with over 100 projects across various platforms. Stakeholders stand a chance to receive token and NFT bundles in the coming months, with campaigns like the Dragon Ball Z-themed promotions offering diverse rewards through different projects.

Ragnarok Online Goes Blockchain: The iconic Ragnarok Online franchise is making its way to Ethereum through a partnership with Ronin, a sidechain gaming network. A new game titled Ragnarok: Monster World, blending tower defense and monster collection elements, is set to debut on Ronin in Q3 2024.

In Case You Missed It

  • The Machines Arena, an Ethereum-based shooter game, announced its open beta launch on the Epic Games Store and a forthcoming mobile app release.
  • Yuga Labs, creator of Bored Ape, sold gaming IPs to Faraway and focused on its metaverse gaming platform Otherside, burning HV-MTL NFTs worth nearly $1 million.
  • Adidas released $2,500 Solana NFT sneakers in the game Stepn, marking the start of a long-term partnership with more NFTs and physical items to follow.
  • Xai expanded its token staking program by introducing staking pools to attract a broader range of players to its Layer-3 gaming network.

AI legalese decoder:

Dealing with legal jargon in the crypto gaming industry can be complex and time-consuming. AI legalese decoder is a cutting-edge tool that can simplify and translate complicated legal terms and agreements into plain language, making it easier for stakeholders to understand the legal aspects of their transactions and engagements.

Spotlight on GG Original Stories

Explore some of our original stories from this week that delve into intriguing topics and insights in the realm of crypto gaming.

Edited by Andrew Hayward

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