The encryption games continue to close. This $ 500K fund aims to help players recover

The encryption games continue to close. This $ 500K fund aims to help players recover

In summary

  • The Crypto Gaming recovery fund has been established to offer Crypto Games closed assets for Splinterlands.
  • A total of $ 500,000 are available in tokens and assets in the game, distributed for seven years.
  • The Splinterlands team hopes to welcome additional taxpayers to offer game assets to affected players.

Blockchain games are mass turned off So far this year, as exaggeration and financing are fading and cryptographic investors attract their attention elsewhere. But a long -lasting cryptographic game expects to attract some of those players affected by closures by offering free NFT assets for affected users.

Crypto trade card game Sliver He is inviting players of the failed blockchain games to apply to their recently formed recovery fund, in which $ 500,000 can be unlock in cryptographic and active tokens in the game in the next seven years.

The project said Decipher which is currently in conversations with other projects based on the Blockchain To assign assets to the background, and invite the broadest industry to join to save cryptographic games giving burned users a bridge to the new games.

Currently, only the players of the deceased cryptography titles Pirate nation, Tokyo beastand Walking Dead: Empires You can access to Crypto Game Recovery Fund. Affected players must create a Splinterlands account, buy a $ 10 article (which provides credits in the game of the same value) and send their wallet address that contains eligible games items, which they can maintain.

Then they can begin to gradually unlock the assets in the next seven years from the $ 500,000 fund. The assets are launched whenever the player remains active in Splinterlands, which is measured by a series of monthly challenges, such as playing five battles.

“I welcome any of our competitors who would like to be part of this to come and join. Why would they want to do it? Because they want the space to grow,” said Dave McCoy, director of operations at Splinterlands, said Decipher. “We are just the first, but we hope that many other people join us.”

An epidemic of cryptographic games turning off He has hit the industry this year, with innumerable notable closing projects. Which includes Deadrop, Sword, Nyan Heroes, Alurya kingdoms, Symbiogenesis, Raini: Lights of Lightand Metal lock“You just name a few.”

While all these games have cited slightly different reasons behind their closures, one thing everyone has in common is that they Leave behind a players base No game to play. And many of those players sank cash to support the project, and remain with tokenized assets that are no longer useful.

“I have been in hundreds of communities over the years. […] When a project is affected, it is a horrible sensation. Especially when you have great hopes, “said Blaze, Splinterlands sales and marketing leader, said Decipher. “We simply lower our foot and said: hey, it’s enough. Someone has to move here and help these people who are paralyzed.”

Crypto’s gaming recovery fund is governed by a Decentralized autonomous organizationor Dao, who votes in which games will be eligible for the background. Each compatible game has a specific part of the background that is assigned, although Splinterlands did not confirm the exact division per game.

In the first year, 2 million SPS Tokens worth more than $ 16,000, more than 5,000 rebellion packages, are assigned to the fund. This scale up to 10 million SP (currently around $ 82,000) and 25,000 packages for the seventh year. The rewards are divided between the number of players who were active, which means that if only a person is active within a specific boat, then he will get everything, McCoy said.

“The design is for seven years, because we have existed for seven years,” McCoy explained. “Then, the point we are trying to do is that we will also be about seven more years.”

Splinterlands is a Strategic Commercial Cards Set with acaded NFT cards and merchants in the hive block chain. Originally launched into 2018 as Steem monsters“Based on him.” Steem Crypto Social Network“But it was.” renowned To Splinterlands in 2019 and has been constantly built since then.

The Game of the Game Government file debuted for the first time in July 2021 and quickly reached its $ 1.07 peak, according to Coingcko. Token has now dropped 99%, however, valued at $ 0.008.

McCoy said Decipher Through the useful life of the game, he has fought through “everything” that can face a cryptography game. He explained that “it is not easy to drive” and suggested that other games have not survived so much for unsustainable games models, with the Blaze pointing to the pirate nation Costs of $ 150,000 per month.

Unfortunately, for McCoy, the wave of cryptographic games closures is a necessary purge of the industry. But he hopes that Crypto Gaming Recovery Fund will be the first step to build the industry again, potentially with more taxpayers together.

“Again, it’s not about Splinterlands. It’s about the entire industry,” McCoy told Decipher. “Yeah [any game] He wants to be part of that, if they want to contribute, we would love to have them. ”

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