This Week in Crypto Games: Solana Game Pass, ‘Ponzi’ Games Pop, SEC and CyberKongz

by shayaan

The crypto gaming space always expands and with prominent games that are released, token in itself and the constant shift of the markets around them, it is a lot to take.

Fortunately, we are completely here Decrypt‘s Gg. And if you are looking to keep an eye on the latest events around Crypto video games, this weekly Roundup will give you a quick overview of the biggest stories we have treated in the past week, along with a little other interesting facts of the space.

Top stories

Solana Game Pass: A free Solana Game Pass NFT Mint launched On Magic Eden Last week, designed to stimulate the Solana -Gaming -Ecosystem through rewards, collaborations and early access to upcoming games. The first “season 0” of the program includes four weeks with 30 partner competitions, including Star Atlas, Nyan Heroes, Stepn and BR1: Infinite.

Pass holders can complete Missions on gam3s.ggg To win lottery tickets for a prize pool of $ 10,000+ from SOL, NFTS and other assets. More than 33,000 passes have been beaten from this letter, where the coin remains open during the four -week campaign. Future seasons promise improved functions, including in-game quests and an improved progression system.

“Ponzi” -Games Pop: Crypto -Game Bigcoin recently rose in popularity before the token crashed 83%, creating a surprising reaction: players embraced the alleged “ponzinomics” and actively sought similar experiences. With the simple mine simulation of Bigcoin, players can earn large tokens on the abstract network of Ethereum, with transparent remuneration calculations that many found refreshing compared to vague and often disappointing play-to-airdrop models.

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The phenomenon seemed to attract crypto-traders who go beyond typical gamers, where some people see these themselves described “Ponzi games” as more transparent alternatives for projects dominated by Insider. Since Big crashed, similar games such as Minereum and Dungeons or Fortune have received short attention … Similar results.

SEC is falling Cyberkongz Case: The SEC has closed its research into Ethereum NFT and Gaming project Cyberkongz without findings or enforcement, the project of the project said last week, which contributed to the list of numerous closed crypto investigations under the Trump administration. Cyberkongz had received a Wells notification in December after two years of SEC research with regard to its banana smoking, game elements and Genesis Kongz contract migration.

Project leaders celebrated the decision as a victory after they were confronted with “unjust allegations” and “paralyzing legal costs”, and noted that they “chose to fight this struggle to combat the improvement of web3.” Cyberkongz joins other NFT-related companies such as Bored Ape Yacht Club Creator Yuga Labs and Marketplace OpenSea who recently saw their sec investigations.

ICYMI

GG Spotlight

Here are a few of our original stories from the past week that we think they are worth a weekend, read: read:



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