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    NFT

    Crypto & NFT Gaming: Recent Developments & Highlights

    February 4, 2024Updated:February 4, 2024No Comments2 Mins Read

    Turbulence and Triumphs: A Look at Recent Developments in Crypto and NFT Gaming

    The crypto and NFT gaming sector is in the throes of a tumultuous period marked by new game releases, token airdrops, and a myriad of developments. One of the standout events is the emergence of a meme coin inspired by the GameStop stock saga on Solana. This coin, which has experienced a volatility akin to other popular meme coins like Dogecoin and BONK, saw a substantial drop but began to recover in tandem with the closure of GameStop’s official NFT marketplace.

    A New Chapter for Pixelmon

    Pixelmon, a game that initially faced criticism for its artwork, is experiencing a revival under new management. The game has secured an impressive $8 million seed investment for its further development, indicating a renewed promise and a potential pivot point in its journey.

    Shrapnel: A New Entrant in the Gaming Scene

    Shrapnel, an extraction shooter game on Avalanche, has made its early access debut on the Epic Games Store. Offering both gameplay and the opportunity to earn SHRAP token rewards, the game is a significant addition to the evolving crypto gaming landscape.

    Controversy Surrounding SkyArk Chronicles

    In a twist of events, Binance Labs has accused fantasy game SkyArk Chronicles of misrepresenting their investment following a staggering $115 million NFT auction. This development has led to a wave of skepticism from the community, casting a shadow over the game’s future prospects.

    Other Developments in the Crypto Gaming World

    Amidst these major events, other updates have also made headlines. MixMob’s MXM token airdrop, Portal’s shift towards developing a dashboard in place of its anticipated January airdrop, and WAX NFT network’s snapshot for the WUFFI token airdrop are among these developments. The latter, in particular, plans to integrate into various games and expand to Solana, signaling a promising trajectory for the token.

    This news is republished from another source. You can check the original article here

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