Biggest news
Sky Mavis layoffs: Sky Mavis, the developer of $NFT game Axie Infinity and Ethereum gaming network Ronin, confirmed last week that it laid off 21% of its workforce. In a statement, co-founder Nguyen Thanh Trung, called it a tough decision but said it was unrelated to the firm’s budget or financial health.
“Instead, it is a strategic move that allows for a sharper focus and positioning Sky Mavis for hypergrowth in 2025 and beyond,” he explained. The firm is shifting its priorities with its long-term plan, focusing on the Ronin wallet, Mavis marketplace, Axie Infinity and a related new game due in Q1 2025, Web3 game publishing, and expanding the Ronin Network.
W-Coin burn: Players of the W-Coin Telegram tap-to-earn game will want to open the game right now—or at least very soon—to prevent having their tokens burned. This comes after W-Coin implemented a new inactivity rule ahead of its upcoming airdrop on the The Open Network (TON).
On Thursday, the developers announced that anyone who is offline for three days will have 5% of their supply burned each day thereafter until they log back on. The Telegram announcement said that this was to “ensure only active players shape the W-Coin ecosystem.”
Compared to other tap-to-earn games, this rule is unusually brutal. For comparison, X Empire allowed players 30 days of inactivity until a single token was touched. W-Coin is expected to launch its token this month.
Record-breaking Moonray: Ethereum-based arena battler game Moonray broke the record for the largest free gaming $NFT mint on OpenSea to date, after users minted some 220,629 “Jadeon Adam” character skins over a 48-hour period.
This $NFT is an earthy green in-game character skin that they can wear while fighting. The free NFTs, minted on Coinbase's Ethereum layer-2 network Base, were claimed between November 19-21.
ICYMI
- An Attack on Titan-themed survival game launched in metaverse gaming platform The Sandbox
- Telegram game Major started airdropping its token to players on Thursday.
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Soccer-themed Telegram game Captain Tsubasa: Rivals revealed its token, which will be called JOHN.
- Hong Kong gaming firm Boyaa Interactive dumped its $50 million in Ethereum to buy more Bitcoin.
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Battle royale shooter Off the Grid is now available to play using cloud gaming.
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Warden's Ascent, a turn-based RPG using the Pixelmon IP, was revealed on Tuesday.
Warden's Ascent@wardensascent, our flagship title built in-house utilizing the @Pixelmon IP, is a thrilling turn-based RPG adventure for iOS & Android. Battle through epic campaigns and conquer challenging trials as you collect, upgrade, and level up over 100 unique Pixelmon.… pic.twitter.com/sqQ6MfVjVb
— $MON Protocol 🐉 $MON (@monprotocol) November 26, 2024
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Midnight Society released a new phase of testing for Deadrop.
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Square Enix's crypto narrative game Symbiogenesis started its third season.
- Metaverse platform Lamina1, co-founded by famed author Neal Stephenson, launched its L1 token.
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The makers of Telegram game Farm Frens and the broader Everseed IP will launch a token in the “coming weeks.”
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
decrypt.co
