The 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.
Notcoin token delay: It was bad news for fans of the viral Telegram-based game Notcoin last week, as the project confirmed that its token would no longer drop via The Open Network (TON) on or around April 20, aka in parallel with the Bitcoin halving. Fortunately, a representative told Decrypt’s GG that this is only a “slight delay” while the team “works to line everything up.”
Notcoin saw huge success with over 35 million players giving the clicker game a spin, in which players tap an image of a coin to earn in-game coins. April 1 saw an end to this “mining phase” with in-game coins expected to be converted into NOT tokens, though the game will return with a new incentive structure following the token mint.
The on-chain token mint for the viral Telegram-based game Notcoin was originally expected to take place on or around the same date as the Bitcoin halving, but that’s no longer the case. Notcoin representatives confirmed to Decrypt’s GG that the token launch, which will take place on The Open Network (TON), will no longer occur on April 20, the expected date when the Bitcoin halving will occur in the UTC time zone.
Gaming tokens plunge: Game over? It’s been a couple rocky weeks for the crypto market, and gaming tokens took some of the hardest hits last week with notable gaming tokens crashing more than 30%—and some (like Pixels and Portal) even hitting all-time lows.
But there’s light at the end of this tunnel, as many of the top gaming tokens have started regaining ground in recent days, with tokens like Gala Games (GALA), Beam (BEAM), The Sandbox (SAND), and ApeCoin (APE) now each up double-digital percentages (per CoinGecko) over the last week as things turn around.
The crypto markets have been bleeding red in recent days, a stumble ahead of the Bitcoin halving currently expected on late Friday—but gaming tokens have taken some of the hardest hits, with some notable tokens down by more than 30% and hitting all-time low prices. The price of BTC is down by over 12% this week, falling to around $61,500 as of this writing after being above $71,000 earlier this week. And Ethereum has fallen by almost 15% over the last week, currently at just $3,000.
Saga’s massive airdrop: Yep, there are more airdrops from Saga. This time the gaming-focused layer-1 blockchain has teamed up with over 100 projects across Ethereum, Solana, Avalanche, and more. These partners include first-person shooter Shrapnel, metaverse game The Sandbox, and racing game Wilder World.
Those who stake their SAGA tokens will be eligible for bundles of token and NFT drops “over the coming months,” the announcement said. The Dragon Ball Z-themed campaign is grouped in vaults that will feature multiple projects giving out various prizes.
Gaming-focused layer-1 blockchain Saga has announced an airdrop campaign so huge, the team is calling it: Power-Level Over 9000! It’s a “Dragon Ball Z” reference that spawned a memorable internet meme, and now it’s conveying the scale of this sizable rewards push. In partnership with over 100—not quite 9,000—projects and games across various blockchain networks, users who stake their SAGA tokens will be eligible for bundles of token and NFT airdrops “over the coming months,” the announcement say…
Ragnarok on Ronin: The classic Ragnarok Online gaming franchise is coming to Ethereum thanks to a partnership between developer Gravity and Ronin, a sidechain gaming network. With this announcement the iconic game, which has amassed over 167 million downloads since its launch in 2022, will be making its blockchain debut with Ragnarok: Monster World.
Combining tower defense and monster collection elements, the new title is scheduled to launch on Ronin in Q3 2024.