Uniswap Labs has acquired interactive survival game Crypto: The Game. Now his team has become part of the company known for developing the largest DeFi DEX protocol.
With this move, Uniswap Labs underlines its interest in exploring new opportunities in the blockchain industry and remaining one of the leading projects in the blockchain ecosystem.
Through X, the company that develops the decentralized protocol Uniswap confirmed the acquisition of Crypto: The Game, which had been revealed earlier by Fortune. Uniswap Labs highlighted that the team that builds the interactive blockchain game has become part of the Web3 company's workforce, while clarifying that it will continue working on the development of the third season of the game.
Together with Uniswap Labs, the builders of Crypto: The Game are expected to offer users a next-level interactive gaming experience.
Crypto: The Game, owned by Uniswap Labs
According to Fortune, Uniswap Labs' acquisition of Crypto: The Game was completed as part of a mixed deal in which the founders of the blockchain game have become employees of the DEX company. It was confirmed that Dylan Abruscato, Tyler Cagle and Bryan Lee, co-founders of Crypto: The Game, will continue to work on the development of season 3 of the game, which launched earlier this year on the Base blockchain, one of the main L2 of Ethereum, and which has sparked great enthusiasm in the crypto community.
In relation to this, Uniswap Labs assured that Crypto: The Game is not going anywhere and that the next season of the game is being built to offer an unmatched gaming experience to its users, with new, more attractive and innovative features.
“For CTG fans, don't worry, the game isn't going anywhere. We will bring our experience in creating one of the most popular onchain applications to take season 3 to the next level. Get ready for new challenges, new characters and even more chain excitement”said Uniswap Labs developers.
According to Fortune, Crypto: The Game has become one of the most popular blockchain game titles in the industry. Thanks to this, the 800 places that were offered as part of its second season were sold out in just 13 minutes.
What is Crypto: The Game?
Crypto: The Game is an interactive digital strategy game built on the Ethereum L2 Base blockchain, which is inspired by the popular television show “Survivor.” The game allows users to join tribes and compete in daily challenges to earn rewards in Ethereum (ETH).
Currently, the total prize amount for season 2 of the game is 80 ETH, approximately $280.000 dollars.
The first season of this game was a total success and, as mentioned, the second season also sold out in a few minutes, which highlights the great interest it aroused among users in the crypto community. The third season, under the leadership of Uniswap Labs, is expected to be loaded with exciting new experiences.
What will Uniswap Labs bring to the blockchain game?
According to the publication Made by Uniswap on its blog, this acquisition will be accompanied by the exploration of new cryptocurrency opportunities, on-chain activations for the Uniswap community and better onchain experiences for crypto users in general.
Uniswap Labs also noted that the acquisition of Crypto: The Game aligns with its vision and objective of creating and offering users in the crypto community access to innovative products and services that allow them to explore the potential and benefits of blockchain technology and Web3.
At the close of this edition, the UNI price has not reacted to the news of the Crypto: The Game acquisition. The native token of the DEX protocol is trading at $9,36 per unit, with a drop of 5,7% in the last 24 hours.
