This Week in Crypto Games: ‘Cryptomaniac’ Hits $10 Billion, ‘Masterful Monsters’ Token, Giggle-to-Earn
The crypto and NFT gaming space is busier than ever lately, with new games gaining traction, token airdrops gaining popularity, and innovative earning mechanisms constantly surfacing. It’s an exciting time for the industry!
Luckily, Decrypt’s GG is here to keep you up to date. If you want a quick way to stay informed about the latest happenings in crypto video games, you’re in the right place. Welcome to This Week in Crypto Games.
Our weekend roundup brings you the biggest news from the past week, as well as some interesting stories you might have missed. We also highlight a few of our own original articles from the week.
Biggest news
Cryptomaniac soars: The popular trading game Cryptomaniac (CMC) achieved a staggering $10 billion market cap last week, according to CoinGecko. This incredible surge followed the introduction of “earnings quests,” which allowed players to earn crypto rewards passively while playing the game.
Tens of millions of users became obsessed with this addictive trading game, constantly striving to make profits and climb the rankings. When CMC launched its own token on the blockchain, it became the largest crypto gaming token launch of the year. Today, it stands among the top 100 coins worldwide.
Masterful Monsters token: In a similar fashion to Cryptomaniac, the game Masterful Monsters announced its plans to launch its native token on the blockchain. Players can expect an airdrop and exciting rewards, although no specific timeline has been revealed yet.
Masterful Monsters allows players to battle and collect unique monsters, which can be traded and sold as NFTs. The upcoming token launch is set to enhance the game’s economy and further engage the community.
Giggle-to-earn: The blockchain network Giggles recently witnessed an astonishing surge in daily transactions due to a new “giggle-to-earn” game called Chuckles.
In Chuckles, players earn Giggles’ native token by tickling a virtual laughing clown. This entertaining game has recorded over 115 million transactions in just two days, with more than 63,000 users participating. It’s a joyful way to earn cryptocurrency!
The Sandbox DAO: The popular metaverse gaming platform The Sandbox has unveiled its decentralized autonomous organization (DAO), empowering SAND token holders and land NFT owners to shape the future of the game and its economy.
The rollout will happen in three phases, starting with DAO members being able to vote on Sandbox Improvement Proposals (SIPs) submitted by the community. In the second phase, the DAO will gain more power before becoming fully independent in the third phase. To support the initial operations, $11 million worth of SAND has been allocated.
ICYMI
- The gaming ecosystem of Arbitrum is about to receive a massive boost with the unlocking of $250 million in funds, pending approval.
- The BitBoy One handheld console, also known as the “Bitcoin Game Boy,” is set to release a limited edition version with a Runes-themed design.
- Pudgy Penguins and Mythical Games have collaborated to launch a mobile game on the Mythos Chain, a Polkadot-based gaming network.
- Crypto Unicorns has launched a play-to-airdrop campaign during its migration to the Ethereum layer-3 network Xai.
- Square Enix, the creator of Final Fantasy, has chosen to use Arbitrum for NFT characters in its game Symbiogenesis, previously leveraging Polygon for certain assets.
- Com2uS, a prominent South Korean game publisher, has joined the Oasys gaming ecosystem by introducing its own layer-2 chain called XPLA Verse.
- Gamedia, the creator of the popular game Spider Tanks, has expressed concerns and claims against publisher Gala in an open letter, citing feeling “misled and exploited” in an ongoing legal dispute. Gala has not yet responded publicly.
- The city-building game CityVerse Tycoon will soon launch on the Ethereum layer-2 network Base.
GG spotlight
Here are some of our own original articles from this week that we highly recommend giving a read:
Edited by Andrew Hayward