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In summary
- Sonic SVM airdropped SONIC tokens to SonicX users on the Solana Blockchain.
- Rumble Kong League launched a mobile basketball game for iOS and Android.
- Animoca Brands Japan invested in gaming blockchain network Oasys.
The Cryptocurrency and NFT gaming space is booming, with a constant stream of notable releases, token giveaways, and frenetic activity. It’s hard to take in everything that’s happening, but don’t worry! GG from Decrypt is here to keep you up to date.
If you need to quickly catch up on the latest movements around cryptocurrency gaming, you’re in the right place. We are excited to present “Week in Crypto Games”.
In our weekend roundup, we round up the biggest news from the past week and give you some extra details you might have missed. Additionally, we highlight some of our most relevant original stories. Get ready to stay on top of everything related to crypto gaming!
Most Featured News
Token Launch Frenzy: It was a week of several gaming token releases. The token generation event for Ethereum gaming platform Nifty Island took place on Wednesday, with ISLAND’s market capitalization hovering around $15 million at the time of writing.
Kaidro, a franchise with a webcomic, a cryptocurrency game, and an upcoming animated series, also launched its KDR token on Ethereum on Wednesday. Since its launch it has established itself at a market capitalization of just over $10 million. On the same day, Moonray launched its MNRY token, again on Ethereum. What a week!
Also, the Tomarket token (TOMA) has finally launched on Aptos, with players on Telegram being able to withdraw and exchange their tokens. Apparently, it hasn’t fared well, with the price dropping 50% since launch and the developers trying to calm the community.
“We understand the frustration around token prices and airdrops, and we are taking steps to address these challenges,” the Tomarket team wrote in a post on Telegram.
Santa Claus brings Bitcoin: Mobile cryptocurrency game Bitcoin Miner, which lets you earn real Bitcoin by Mining fake coins on iOS and Android, launched a Christmas event over the weekend that lets you earn hundreds of bonus satoshis (aka 1/100,000,000 BTC) .
Extending into the early hours of Monday, Santa’s Moonshot puts a Christmas-themed spin on the game’s normal weekend event, letting you build a rocket while unlocking bonus BTC and in-game power-ups. You’ll mine fake coins like Snowlana and Elfereum, accumulating more and more real Bitcoin along the way.
CyberKongz SEC: The U.S. Securities and Exchange Commission has issued a Wells notice to NFT gaming project CyberKongz, the developers reported last week, marking the latest regulatory investigation into an entity of its kind. A notice from Wells informs recipients that the regulator plans to take enforcement actions based on what it discovers from preliminary investigations.
“The SEC Enforcement Division has approached us with very concerning talk that you cannot have a (ERC-20) token along with a blockchain game without registering it as a security,” CyberKongz said in a statement on Monday. The team added that it will “defend this position for space in general.”
Philadelphia 76ers game: The NBA team Philadelphia 76ers has launched “Spectrum Sprint,” a free-to-play mobile game with Web3 elements, in collaboration with Crypto.com—a sponsor since 2021.
The game uses a pixelated art style, with side-scrolling gameplay that asks players to traverse Philadelphia landmarks and race down Broad Street toward the team’s former Spectrum Stadium. Players can unlock digital collectibles and compete for exclusive prizes across four levels: Rookie, Professional, All-Star and Legend.
In case you missed it
- The creators of Hamster Kombat said the delayed Season 2 release has evolved into a “HamsterVerse,” with three games set to launch.
- The “tap phase” of the Telegram W-Coin game ended on Friday, and the listing date of its token will soon be revealed as a “Christmas gift.”
- Lamborghini launched its Fast ForWorld platform for fans to earn rewards and also interact with the cars through games and activities.
- Deaddrop gave its NFT Founders Pass holders two free guest passes so their friends can watch the game.
- Rumble Kong League launched its mobile basketball game on iOS and Android.
GG Featured
Edited by Andrew Hayward
GG Newsletter
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