This Week in Crypto Games: 'Off the Grid' Token, GameStop Goes Bitcoin, SEC Clears Immutable
The crypto gaming landscape is evolving rapidly, highlighted by significant developments. The SEC has closed its investigation into Immutable, an Ethereum gaming platform, with no enforcement actions, marking a victory for Web3 gaming. Immutable's CEO praised the outcome as a recognition of digital ownership rights. Meanwhile, Gunzilla Games is launching its Avalanche-based blockchain, GUNZ Network, alongside the GUN token on March 31, making it tradable on Binance; this marks a pivotal step for the AAA gaming ecosystem. Additionally, the role-playing game Forgotten Runiverse has launched on the Ronin Network, allowing players to earn rewards and master spells in an open-world environment based on its NFT collection. In a strategic shift, GameStop has amended its investment policy to include Bitcoin, planning to raise $1.3 billion through convertible senior notes to support this move. These updates reflect the burgeoning intersection of cryptocurrency and gaming.
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