Decentralized exchange Uniswap announced the acquisition of the popular chain game Crypto: The Game (CTG) on the base chain, aiming to further explore new interactive consumer crypto experiences. This survival game has successfully held two seasons, each season attracting a large number of participants and viewers. Both parties stated that this acquisition will help make the third season of CTG the most exciting in history.
According to DappRadar’s statistics, Gamefi attracted the largest number of active wallets in 2023, averaging 1.1 million users per day in the fourth quarter of last year, and becoming one of the most talked-about narratives this year.
Uniswap Acquires Chain Game Crypto: The Game
Against this backdrop, leading decentralized exchange Uniswap announced yesterday (10) the acquisition of Crypto: The Game (CTG) on the base chain, a blockchain interactive survival game, and they will jointly roll out the third season of this game. Uniswap posted to CTG fans, reassuring them that the game will not end.
In the announcement, Uniswap stated the reason for acquiring the game:
The acquisition amount was not disclosed, but according to the Financial Star magazine, the transaction involved a mixed payment of cash, tokens, and equity. According to the transaction terms, CTG’s founders Dylan Abruscato, Tyler Cagle, and Bryan Lee will develop this game within the Uniswap Labs team.
Abruscato commented on the acquisition:
What is Crypto: The Game?
Crypto: The Game combines real-life podcast programs and cryptocurrencies in an online interactive survival game, inspired by TV shows like “Survivor” and “Squid Game.” The first two seasons were released in January and April this year, with players purchasing passes for 0.1 ETH (about $367) to join 10 tribes of 80 people each and be eliminated through daily challenges and voting within ten days, with one player ultimately winning all the prize money. The grand prize of the first season of CTG was won by a Japanese player, exceeding $150,000, and the prize pool for the second season increased to approximately $250,000.
According to OpenSea data, the 800 NFT passes sold out in less than 15 minutes in the second season of the game, with some passes reselling at around 40% above the original price. The current floor price is as high as 0.198 ETH, nearly double the issuance price of 0.1 ETH.
Abruscato revealed that CTG attracted 50,000 unique visitors within just 10 days of the last season.