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Uniswap Labs acquires Crypto: The Game on the Base blockchain.
The acquisition reflects the growing value of gaming to the crypto community.
Gaming platforms like Galaxy Fox benefit from the heightened interest.
Uniswap Labs, the team behind the popular decentralized exchange, Unisiwap, has acquired Crypto: The Game. This game is on the Base layer-2 blockchain and has become one of the most popular decentralized applications in recent months.
The growth of blockchain gaming reflects the overall sophistication of this industry. It is no longer a binary sector of trading crypto assets. Aspects like gaming and other forms of utility reflect the broad usage of this nascent technology.
Galaxy Fox ($GFOX) is also making a difference for gaming enthusiasts. This play-to-earn game has launched in these exciting times and gained traction fast. The utility meme coin was listed on Uniswap in April and is on its way to becoming the next $1 memecoin.
Uniswap Labs Acquires Crypto: The Game
Uniswap Labs has decided to foray into web3 gaming by acquiring Crypto: The Game. The platform announced on June 10, 2024, that it had acquired the popular game that launched on Coinbase’s Base Layer-2 Network. This survivor-styled game is entering its third season, and Uniswap Labs looks to build on the momentum.
The Uniswap Labs team’s experience building blockchain apps should be decisive in the process. Uniswap Labs intends to add exciting themes, twists, and drama for its community. The terms of the deal are still confidential, but it will likely involve a combination of cash, tokens, and equity for the game developers.
CTG released its first season in January and became an instant sensation. Users contributed 0.1 ETH to join and voted until a winner emerged with rewards.
This acquisition leverages the game’s core fanbase to improve the product and elevate the gaming experience. Uniswap will benefit from the utility with more usage of its services.
Galaxy Fox Game To Benefit From The Visibility
The heightened interest in gaming comes at the right time for Galaxy Fox, roughly two weeks after the company launched its game in mid-May.
Galaxy Fox, a play-to-earn gaming and meme coin platform, integrates high-level gaming and greatly incentivises community participation.
The game involves players nurturing digital fox characters that engage in exciting…