‘Off the Grid’ Token Hits Solana, More Games Shut Down

It is robust to maintain tabs on the ever-changing crypto gaming area, because of the fixed movement of reports: every little thing from huge recreation launches and enjoyable degen experiments to token value swings and occasional venture collapses. It is rather a lot to comply with.

Fortunately, we’re plugged in at Decrypt‘s GG. We cowl the most important happenings all through the week, after which this weekly roundup offers a fast method to catch up, in addition to discover a bunch of different little bits of reports from all through the week.

Prime tales

GUN expands to Solana: Off the Grid’s GUN token expanded to Solana on Thursday, after initially launching on Avalanche’s GUNZ community. This transfer was designed to decrease entry limitations for customers, and aligns with Gunzilla’s multi-chain technique. The GUN token’s value has fallen sharply during the last week amid the enlargement, per knowledge from CoinGecko.

Regardless of the token decline, in-game NFT gross sales are rising. Off the Grid’s market processed $666,600 in quantity throughout a 30-day span from early June into early July, with notable pores and skin gross sales just like the $5,499 Tacoma Pioneer gun pores and skin.

Current GUN tokens will stay on Avalanche with non-compulsory bridging to Solana accessible. Whereas the Solana enlargement could enhance accessibility, pores and skin merchants are extra targeted on the upcoming OpenSea market integration, which they imagine will considerably impression the skins economic system.

Why crypto video games hold failing: It has been a tough yr for crypto video games, with many once-hyped titles shutting down in current months.

Final week, we obtained affirmation of one other promising recreation that is gone offline: OpenSeason, a meme-infused riff on Fortnite’s battle royale shooter template, which closed down its servers amid rising prices and shrinking funds. The group behind the sport has pivoted to Booby Bot, a easy playing recreation that includes AI-generated feminine nudity.

Acquired time for a wealthy weekend learn? We spoke to crypto recreation builders concerning the widespread pitfalls they’re going through currently, together with fading hype, rising stress round token worth, and the immense problem in creating high quality video games.

ICYMI

• Mighty Motion Heroes can also be shutting down this month after the group did not create a viable Telegram model.
• A choose really useful dropping Logan Paul’s former assistant from a category motion lawsuit in opposition to the influencer over his failed CryptoZoo recreation venture.

• Online game performers—together with voice actors and movement seize artists—secured AI consent protections within the new SAG-AFTRA union deal.
• BR1: Infinite recreation developer Bravo Prepared Video games acquired the Solana crypto recreation Honeyland.

• Wilder World launched a collaboration with Lamborghini this week, promoting out 600 NFT automobiles for the upcoming recreation.
• Legendary Video games’ NFL Rivals is getting huge upgrades for 12 months 3, launching in August.
• LumiWave’s Samurai Shodown R recreation—based mostly on the traditional SNK preventing franchise—launched on Sui.

• Random Video games additionally shut down final week, with the Unioverse apparently additionally completed consequently. Nevertheless, founder Wyeth Ridgway wrote on X that “key contributors are stepping in to attempt to protect it.”
• AI gaming platform Remix (previously Farcade) raised $5 million in a spherical led by Archetype.
• Revolving Video games launched its RCADE token on Ethereum layer-2 community Arbitrum.
• Avalanche decentralized change Blackhole launched final week, with a selected deal with gaming.

Weekend reads