gaming
This Week in Crypto Games: Immutable SEC Threat, ‘Tomarket’ Airdrop, and ‘Hamster Kombat’ Down Bad
Published
2 months agoon
By
adminThe crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in!
Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games.
Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase a few of our original stories from the week.
Biggest news
Immutable SEC notice: The United States Securities and Exchange Commission (SEC) issued a Wells notice to Immutable sometime within the past month, a company spokesperson told Decrypt on Thursday, warning the Ethereum gaming platform’s maker that it could face an enforcement action soon.
James Ferguson, CEO of Immutable, and Digital Worlds Foundation, which helped issue Immutable’s IMX token, also received letters detailing the alleged violations. Immutable claims that the SEC did not specify the alleged misconduct in full, but the company believes the allegations are rooted in IMX token sales from 2021.
IMX plunged following the news, and is currently down 30% over the last 30 days as of this writing.
Tomarket airdrop: The makers of Telegram crypto game Tomarket said they generated the TOMA token on The Open Network (TON) as planned on Thursday, then revealed airdrop allocations to excited players on Friday.
But the token hasn’t been listed anywhere yet and can’t be traded, with Tomarket effectively beginning another rewards farming period ahead of a potential listing. The move has sparked some confusion amongst players, while other users claim they were deemed ineligible for the airdrop without reason. The developers will review such claims in the coming week and adjust allocations as needed.
HMSTR hits new low: Hamster Kombat’s second season—focused on developing and publishing video games—was supposed to launch by the end of October. It didn’t, and the Telegram game’s HMSTR token has plunged to new lows since then.
It fell as far as $0.0022 on Sunday, per data from CoinMarketCap, now down 77% from the all-time high price set when the token launched on September 26.
Pudgy Penguins game: Ethereum NFT-based project Pudgy Penguins announced on Thursday that it is set to release a mobile game called Pudgy Party. Developed in collaboration with Mythical Games, best known as the developersof NFL Rivals, the game will launch globally on iOS and Android platforms in 2025.
Pudgy Party will be a knockout royale game similar to Fall Guys, but will focus more closely on teamwork and shared rewards in a vibrant and accessible environment. Players will be forced to work together and develop strategies so they can navigate challenges and obstacles to work their way through till the end of the game.
ICYMI
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Join the open beta test of Pixel Heroes Adventure and dive into the best MMORPG with stunning pixel art!
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— Pixel Heroes Adventure (@PixelHeroesMMO) October 30, 2024
GG spotlight
Here are a few of our original stories from this past week that we think are well worth a weekend read:
Edited by Andrew Hayward
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‘MemeBattle’ Pixelverse Card Game on Base Features Brett and Other Meme Mascots
Published
4 days agoon
December 19, 2024By
adminCrypto gaming franchise Pixelverse is launching a new tactical deck builder game that transforms popular cryptocurrency memes into playable characters, the firm announced Thursday.
MemeBattle will feature characters based on the mascots of Base network meme coins, including Brett, Toshi, Keyboard Cat, Dog in Me, Mr. Miggles, Mochi, Ski Mask Dog, and Mochi.
Players will be able to build squads using the meme coin-based characters and compete in battles to earn rewards. Characters from other crypto projects including Pudgy Penguins, Turbo, and Mew will also be featured.
A Pixelverse representative told Decrypt that the game will launch in January with 10 playable meme coin characters in the initial release.
Base is a prominent Ethereum layer-2 scaling network launched by Coinbase, the popular crypto exchange. The upcoming game builds on Pixelverse’s previous success with PixelTap, a Telegram mini-game that attracted millions of players earlier this year ahead of the project’s PIXFI token launch. Pixelverse also has its own, titular flagship metaverse game.
“Base offers a trusted, scalable platform with low fees and seamless wallet integration, making it the ideal choice for founders in Web3 gaming,” said Pixelverse co-founder Kori Leon, in a statement. “We were excited to work with Brett and other leading meme coins as we’re embracing their rise as digital cultural icons.”
Pixelverse has secured funding from crypto exchange Gate.io’s $50 million Meme Fund, which aims to support meme creators and community-focused projects. Pixelverse has also received backing from venture capital firms including Delphi Ventures and Mechanism Capital.
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Telegram Game ‘TapSwap’ Sets Token Launch and Airdrop for January
Published
1 week agoon
December 13, 2024By
adminPopular Telegram tap-to-earn game TapSwap revealed it will launch its TAPS token on The Open Network (TON) alongside an airdrop of rewards for players in the second half of January 2025.
TAPS will become a critical resource in the TapSwap ecosystem, the developers said, granting holders access to tournaments, staking rewards, and governance participation.
Whether or not a player receives the TAPS airdrop will be determined by the player’s overall engagement within TapSwap—in other words, how often a player interacted within TapSwap or played the game. Users will need to connect their wallet to receive the airdrop.
What started as a tap-to-earn game on Telegram, in which users repeatedly tap a button on the screen to earn in-game coins, has since evolved. In August, the game added a city builder mode called “Tappy Town,” and achievements accrued through that experience will also affect the likelihood of receiving a TAPS airdrop.
Alongside the airdrop, the game’s evolution is expected to continue. TapSwap is transitioning into a skill-based platform, offering competitive tournaments to players and “leaving traditional pay-to-win models behind,” a representative for the game told Decrypt.
The platform has amassed more than 50 million users globally since its launch in February.
Telegram gaming and participation on The Open Network has blossomed this year, led by popular mini apps and games like Hamster Kombat and Notcoin. Notcoin famously dropped more than 35 million players over 80 billion tokens earlier this year, gaining listings from Binance and OKX in the process.
The Open Network is a layer-1 network created by Nikolai and Pavel Durov, the co-founders of messaging app Telegram. While development began internally, the company dropped the project in 2020 under regulatory scrutiny, leading a community of external developers to continue building the ecosystem.
Its native token, Toncoin (TON), has risen nearly 200% in the last year, pushing it to more than a $16 billion market cap. That’s made it the 16th-largest crypto asset by market capitalization, according to CoinGecko.
Edited by Andrew Hayward
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Battle Royale Shooter ‘Off the Grid’ Gets Biggest Update Yet—Here’s What’s New
Published
2 weeks agoon
December 11, 2024By
adminAvalanche-based battle royale shooter Off the Grid has launched its most significant update since entering early access in October. Patch notes reviewed by Decrypt note that the game has reworked how scoped weapons work, added what developer Gunzilla Games framed as a notable performance boost, and made a number of weapon balance changes.
After entering early access in October, Off the Grid attracted mainstream attention with tons of clips that showcased the game’s unique mechanics going viral. This helped contribute to the title topping the Epic Games free-to-play PC game list, even surpassing Epic’s own mega-hit Fortnite in the process.
At its core, Off the Grid is a third-person shooter. However, scoped weapons—such as the sniper rifles—require some first-person elements. In previous builds, this has largely been ignored by the player base, as it felt jarring to go from third to first person. Even then, it didn’t feel like much of an advantage.
Today marks the BIGGEST update for OTG since its Early Access launch. We’ve overhauled nearly every system in the game! 🚀
First up, check out the all-new FPV Aiming System 👁️ – just one of many incredible improvements.
Stay tuned for more highlights from this massive update! pic.twitter.com/hhvmPU1Xn5
— Off The Grid (@playoffthegrid) December 11, 2024
This system has been significantly reworked in what the team is calling Proper First-Person Perspective in Aim Down Sights mode—also known as TrueFPV. From gameplay seen by Decrypt, it does appear to be a marked improvement, giving scoped weapons a much better feel for players than in previous builds.
With this major rework, there are now new reticles, tweaks to field of vision, and accuracy changes. Namely, aim assist has been improved for controller players—although some users in the game’s official Discord server believe this is too overpowered in its current form.
An underrated but noticeable change comes with improvements to weapon sway and camera shake when using the weapon. This gives fighting a much more intense feel.
A prominent criticism of the game up until this point has been its poor performance, particularly on PC. In this update, the game promises a 10% to 20% frames-per-second (FPS) boost. On consoles, this comes in the form of fidelity and performance modes, with the former seeing a 10% frame boost and the latter marking as much as a 40% improvement.
Player backpacks have also received changes, mostly regarding visual effects to better communicate their purpose; for example, the limb accelerator backpack shows when a cyberlimb is being charged. That said, the Gridshield Backpack has been nerfed to only reduce 50% of zone damage, compared to its previous full protection.
Lastly, the patch notes have four pages worth of weapon and cyberlimb changes that are sure to mix up the meta. On top of this, in-game movement has received a number of changes, which has led to Discord users complaining that the game feels slower than before.
These changes, the document says, are in preparation for an upcoming ranked mode.
Edited by Andrew Hayward
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