This Week in Crypto Games: Major ‘Off the Grid’ Update, GameStop’s $5 Billion Bitcoin Proposal

The crypto and NFT gaming house is busier than ever these days, what with outstanding video games beginning to launch, token airdrops piling up, and a seemingly fixed array of different issues occurring always. It’s so much to absorb!

Fortunately, Decrypt’s GG is throughout it. And for those who want a fast strategy to get caught up on the newest strikes round crypto video video games, we’re blissful to current This Week in Crypto Video games.

Our weekend roundup serves up the largest information from the previous week, together with a couple of different tidbits you might need missed. We additionally showcase a couple of of our unique tales from the week.

Largest information

Off the Grid replace: Standard Avalanche shooter Off the Grid has launched what it’s branding as its “biggest update yet” by unlocking a area of the map, including a brand new cyberlimb into the sport together with a contemporary “avenue occasion.”

Midtown Harbour, described as an “industrial hell gap,” has been unlocked as a playable area on Teardrop Island—step one in unlocking the remaining 80% of the map. Inside this area, gamers can combat it out with the Mexican gang referred to as Nuestros Diablos in an try to steal a hex from them—which may then be extracted in alternate for weapons, cyberlimbs, or skins.

On prime of this, the sport’s first facet mission has been added which is able to see gamers try to dominate the world surrounding a DJ sales space to earn loot and expertise factors. Plus, the MaxiGun cyberlimb has been added to the sport, letting you don what’s basically a mini gatling gun as an arm.

GameStop CEO Bitcoin response: Ryan Cohen, the CEO of GameStop, acknowledged a proposal from Attempt Asset Administration recommending that the online game retailer convert $5 million from its money reverses into Bitcoin. This transfer, Attempt claims, would flip GameStop into the “premier Bitcoin treasury firm within the gaming sector.”

The letter argues that Bitcoin is a superior different to holding money, which it describes as a “shrinking asset” resulting from inflation. It factors to current accounting rule adjustments permitting corporations to acknowledge unrealized Bitcoin positive aspects as revenue, making it a extra enticing company treasury asset.

On Tuesday, Cohen posted on X, “Letter received”—however didn’t elaborate additional. GameStop didn’t reply to Decrypt’s request for remark. The retailer had a earlier dalliance with the crypto world with its short-lived NFT marketplace, plus Cohen lately posted a photograph of himself with Michael Saylor of Strategy (previously MicroStrategy)—the main Bitcoin reserve firm with practically $47 billion value of the coin.

Hamster Kombat layer-2: Telegram crypto sport Hamster Kombat now has its personal layer-2 community, referred to as The Hamster Community, which launched on The Open Network (TON) final Tuesday.

The brand new community claims to supply quick and scalable infrastructure for video games and different crypto apps, with a “negligible price per transaction.” Created in collaboration with TON, the Hamster Community seems to assist convey extra of Telegram’s practically one billion customers into the crypto world through interactive mini apps and video games.

This comes after the current launch of the HamsterVerse, which is able to span a number of video games constructed round Hamster Kombat.

ICYMI

GG highlight

Listed here are a couple of of our unique tales from this previous week that we predict are properly value a weekend learn:

Edited by Andrew Hayward