The Starknet Foundation has revealed its Gaming Committee, armed with an impressive budget of $125.5 million, as part of efforts to rekindle interest in gaming on the Ethereum layer-2 blockchain. This strategic move follows declining activity on Starknet attributed to concerns over token unlock schedules. The committee, comprised of six distinguished members, aims to analyze, strategize, and propose initiatives to expand Starknet’s gaming community, utilizing around 50 million Starknet (STRK) tokens to incentivize developers and enhance user engagement.
“StarkWare Adapts Unlock Schedule Amid Token Dumping Concerns”
StarkWare, prompted by worries of early investor token dumping, has modified its unlock schedule. This adjustment comes as part of a broader initiative to safeguard the blockchain’s native tokens from potential adverse effects. Henri Lieutaud, head of developer relations at Starknet, leads the committee alongside individuals such as Gabin Marignier, a co-founder of Focus Tree, and Chris Lexmond, the founder of Unstoppable Games.
“NFT Market Experiences Downturn Despite Ether’s Highs”
While Ether (ETH) reaches two-year highs, the non-fungible token (NFT) market faces a downturn. Top NFT collections, including Mutant Ape Yacht Club and Bored Ape, witness notable declines in floor prices. Notably, the trend extends over seven days, with DeGods experiencing over a 40% decline in value. Kevin Rose, co-creator of Moonbirds NFT collection, liquidates over $1.3 million worth of NFTs as part of a strategy to diversify his holdings post Yuga Labs’ acquisition of his firm, Proof.
“Readyverse Studios Launches ‘Open’: A Web3-Powered Metaverse Game”
Readyverse Studios, in collaboration with Futurverse Studios and Walker Labs, introduces the first official trailer for “Open,” a groundbreaking metaverse battle royale game. Backed by Ernest Cline, author of Ready Player One, and producer Dan Farah, Readyverse aims to reshape the gaming landscape through web3 technology. The trailer unveils glimpses of an expansive world featuring iconic elements like Nintendo Entertainment System, Atari 2600, and a DMC Delorean, promising a third-person battle royale experience. “Open” plans to leverage NFT tokens for seamless character and asset transfer across different environments, potentially revolutionizing in-game economies and digital ownership within the metaverse.
