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 attracting a large number of participants and viewers. Both parties have stated that this acquisition will help make the third season of CTG the most exciting in history.
According to DappRadar statistics, Gamefi attracted the most active wallets in 2023, averaging 1.1 million users per day in the fourth quarter of last year, becoming one of the most talked-about narratives this year.
Uniswap Acquires Crypto: The Game
In this context, leading decentralized exchange Uniswap announced the acquisition of the chain game Crypto: The Game (CTG) on the base chain yesterday, aiming to jointly launch the third season of this game. Uniswap assured CTG fans in a post that the game will not end.
In the announcement, Uniswap stated the reasons for acquiring the game, although the acquisition amount was not disclosed. According to Finance Magazine, the transaction involved a mixed payment of cash, tokens, and equity. Under the terms of the transaction, CTG’s founders Dylan Abruscato, Tyler Cagle, and Bryan Lee will develop the game within the Uniswap Labs team.
Abruscato commented on the acquisition:
Crypto: The Game is a chain-based interactive survival game that combines real podcast shows and cryptocurrencies, 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. Players face daily challenges and elimination through mutual voting over ten days, with the final winner taking all the prize money. The grand prize of the first season was won by a Japanese player, exceeding $150,000, while the prize pool for the second season grew to approximately $250,000.
According to OpenSea data, the 800 NFT passes sold out in less than 15 minutes for the second season of the game, with some reselling at about 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 in the previous season.