Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.
To Watch This Week
AIRDROPS + ALPHADec 15, 2024
Gaming
This Week in Crypto Games: Major 'Off the Grid' Moves, 'TapSwap' Airdrop ETA, and Ubisoft NFT Mint
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tid...
Dec 13, 2024
Gaming
'Off the Grid' Game Studio Launches GUNZ Foundation With Delphi, Paving Way for Token
Gunzilla Games, the creator of popular crypto battle royale shooter Off the Grid, has partnered with investment firm Delphi Ventures to advise on the creation of the not-for-profit GUNZ Foundation, which will oversee the upcoming GUN token and GUNZ mainnet launch. Off the Grid entered public early access in October to rave reviews from players, with a flurry of clips going viral that showcased its unique gameplay. The game drops players into a reality TV setting, where show participants have the...
Dec 13, 2024
Gaming
‘Shrapnel’ Game Studio Names New CEO, Reveals Fundraising Plans
Neon Machine, the studio behind the Avalanche-based extraction shooter Shrapnel, revealed exclusively to Decrypt that it has made several leadership changes, including appointing a new CEO, ahead of the game’s free-to-play launch in 2025. Ken Rosman, a 30-year veteran of the video game industry who spent many years at Microsoft’s Xbox division working on games like Halo Wars and Sunset Overdrive, has taken over Neon Machine’s chief executive role and will help shepherd Shrapnel toward its full p...
Dec 12, 2024
Business
Avalanche Raises $250 Million in Token Sale Ahead of Major Network Upgrade
The Avalanche Foundation announced a raise of $250 million via a locked sale of the AVAX token, the native token of the Avalanche blockchain, ahead of its planned launch of its significant Avalanche9,000 network upgrade. The investment follows the testnet launch of Avalanche9,000, an upgrade designed to make it cheaper and easier to build on Avalanche and deploy dedicated, app-specific networks called “L1s,” formerly known as Avalanche subnets. More than 40 venture capital firms participated in...
Dec 11, 2024
Gaming
Battle Royale Shooter ‘Off the Grid’ Gets Biggest Update Yet—Here's What's New
Avalanche-based battle royale shooter Off the Grid has launched its most significant update since entering early access in October. Patch notes reviewed by Decrypt note that the game has reworked how scoped weapons work, added what developer Gunzilla Games framed as a notable performance boost, and made a number of weapon balance changes. After entering early access in October, Off the Grid attracted mainstream attention with tons of clips that showcased the game’s unique mechanics going viral....
Nov 28, 2024
Business
Bitwise Files To Turn $1.4 Billion Crypto Index Fund Into an ETF
Something interesting just landed on the U.S. Securities and Exchange Commission’s (SEC) desk: NYSE Arca, regarded as Wall Street's electronic home for exchange-traded funds (ETFs), wants to list Bitwise's $1.4 billion crypto index fund. The numbers on the document seem to show where the smart money thinks crypto is headed. Filed Wednesday, the proposed ETF reveals a carefully weighted portfolio that's anything but a crypto free-for-all. Bitcoin still commands the lion's share at 75.14%, while E...
Nov 25, 2024
DeFi
Avalanche Testing '9,000' Upgrade With $40 Million in Retroactive Grants
Avalanche developers have launched the blockchain’s “Avalanche9,000” testnet, an upgrade that aims to bring cheaper and easier L1 development to its network. Avalanche9,000 went live at roughly 1pm ET on Monday, the Avalanche Foundation said in a statement. The Foundation will disburse $40 million in retroactive grants to builders on Avalanche, including $2 million for referrals, to stimulate the network’s growth and adoption. The upgrade will come to Avalanche’s mainnet, called the C-Chain, som...
Nov 15, 2024
Gaming
Avalanche Shooter 'Off the Grid' Is Handing Out $3K Daily to Top Players
Crypto battle royale shooter Off the Grid has started handing out $3,000 in cash every day, split between its top 10 players across platforms. On top of this, top video game streamers are set to battle it out for a $600,000 prize pool next week in a livestreamed competition. Avalanche-based third-person shooter Off the Grid drops players into a faux reality TV show experience, where everyone is strapped with powerful robotic limbs in a bloodthirsty showdown. The extraction-focused battle royale...
Nov 13, 2024
Gaming
'Fableborne' Jumps From Avalanche to Ethereum Gaming Network Ronin—Here’s Why
The studio behind mobile game Fableborne has announced that it will be moving the title from Avalanche to the Ethereum sidechain scaling network Ronin, with the developers pointing to Ronin’s robust gaming community as reason for the shift. Fableborne is a mobile multiplayer game that blends action role-playing gameplay with base-building strategy in a quest to create a competitive game that can be played in “short, snackable sessions.” It has completed two open beta testing periods, called seas...
Nov 3, 2024
Gaming
How 'Off the Grid' Could Impact the Future of Blockchain Games
Avalanche-based battle royale shooter Off the Grid has experienced mainstream success that we haven’t seen from crypto games before. The third-person shooter quickly became the top free-to-play title on the Epic Games Store last month, as the early access rollout attracted a crowd of traditional gamers—some of whom may be more open to Web3 than before. But what made the big launch a crypto gaming success, and how could Off the Grid’s unique approach impact how future blockchain games attempt to...
Nov 1, 2024
Gaming
Battle Royale Game 'Off the Grid' Adds Trump and Harris Skins Ahead of Election
Buzzy battle royale game Off the Grid has added player skins inspired by Donald Trump and Kamala Harris skins, each featuring comical voice lines, in its latest “Save Democracy” content pack—just four days before the U.S. presidential election. The content pack grants buyers player skins based on the respective presidential candidates, with each face looking like a rubber Halloween mask. The pack is also bundled with two "Epic" weapons, as well as character emotes that show the character either...
Oct 20, 2024
Gaming
This Week in Crypto Games: 'X Empire' Airdrop, 'Hamster Kombat' Season 2 Revealed
The crypto gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you...
Oct 20, 2024
Gaming
5 Big Upgrades That 'Off the Grid' Needs Before Leaving Early Access
Off the Grid has had an impressive launch thus far, topping the charts and racking up a massive player count. As far as crypto games go, it’s easily the biggest launch to date and has cracked the world of mainstream gaming fans, many of whom don’t even realize there’s blockchain involved. (To be fair, the crypto stuff isn't fully integrated yet.) But the initial hype of the launch is starting to cool off, leaving Gunzilla Games with its next big challenge: improving and evolving the game so that...
Oct 18, 2024
Gaming
Will 'Off the Grid' Take Crypto Games Mainstream?
Off the Grid is the talk of the gaming world right now—but can it stay on top? Last week, the battle royale game (launched in early access) quickly became the top free title on the Epic Games Store, with 148,000 viewers watching the countless streamers playing it on Twitch. Developed by Gunzilla Games, players are dropped into a reality show-style online shooter experience, kitted out with robotic limbs that give them powerful abilities. What many players don’t know, however, is that Off the Gri...
Oct 16, 2024
Gaming
'Off the Grid' Hex Guide: How to Extract the Most Hexes in the Battle Royale Shooter
With Off the Grid suddenly becoming one of the biggest games in the space right now, attention is starting to turn to the game’s promised earning potential, which looks to be tied to the hex system of loot boxes and the items they contain. Once all of the Avalanche-based crypto and NFT tech is fully implemented, we suspect that you may be able to make some cash from buying and selling both hexes and the items they contain on the in-game marketplace, and then cash out your earnings on exchanges w...
Oct 14, 2024
Gaming
‘Off the Grid’ Beginners Guide: 5 Tips to Get Your First Win
Off the Grid has quickly become one of the biggest battle royale shooters in the world, with millions of players jumping in to experience the first blockchain game that has really broken into the mainstream consciousness. But with so many players in the mix—most of whom seem to be experts already—it’s not easy to make it into the final stages of a match, let alone win. It took me six games before my team made it into the top five, and I’m embarrassed to say how long it took me to get a win. Howe...
Oct 14, 2024
Gaming
5 Viral 'Off the Grid' Clips That Show Why It's Such a Hit With Gamers
Is crypto gaming having its Fortnite moment? Avalanche shooter Off the Grid launched in early access on PlayStation 5, Xbox Series X, and PC last week to rave reviews from both crypto and non-crypto gamers alike. It’s a breath of fresh air for the Web3 gaming industry after the summer was dominated by basic Telegram tap-to-earn games that appealed to ultra-casual gamers. Developed by Gunzilla Games, the game drops players in a reality show-themed battle royale shooter with robotic limbs that gra...
Oct 12, 2024
Gaming
What Is ‘Off the Grid’? The Buzzy Battle Royale Shooter Built on Avalanche
If you’ve been on the online shooter video game portion of the internet over the last few days, then you’ve likely heard of Off the Grid, a brand new battle royale game that is picking up serious steam with players. Off the Grid has already topped the Epic Games Store’s list of the most popular free-to-play games, plus it’s commanding huge crowds on Twitch. In short: It’s a hit. But what you might not know is that Off the Grid is a blockchain game built on Avalanche, with plans for a crypto toke...
Oct 11, 2024
Gaming
Avalanche Shooter 'Off the Grid' Becomes Top Free Title on Epic Games Store
Following the early access release of Off the Grid earlier this week, the Avalanche-based battle royale shooter is rising the ranks of the Epic Game Store. Developed by Gunzilla Games, Off the Grid rose to the top of the storefront’s Most Popular Free-to-Play PC Games list on Friday, topping Epic’s own massively popular Fortnite and Rocket League. It’s also the first title listed on the store’s Trending list. The game pits players against each other in a similar way to other battle royale shoote...
Oct 9, 2024
Business
Why This Colombian Neobank is Switching From Ethereum to Avalanche
Colombian neobank Littio said Wednesday it is switching from Ethereum to Avalanche in an effort to give customers a cheaper means to hedge against the country’s embattled peso. Leveraging its existing relationship with OpenTrade, a startup offering stablecoin solutions to fintech companies through tokenizing real-world assets, Littio hopes to leverage the company’s yield-bearing savings solution. To scale with growing demand, Littio said it would transition its holdings from OpenTrade's vaults—d...