This week in the crypto gaming space, numerous events unfolded, including token launches and legal disputes. Below are the key highlights.
Launch of LandZ Arena Event with $13.3M Prize Pool
Pixel Heroes announced the launch of its LandZ Arena event running through September 17. The initial prize pool of 10 million $MGT tokens has grown to 13.3 million, worth approximately $46,000. Participants can earn PlayPoints for prizes by engaging in daily dungeons and other activities. Additional NFT collections offer multipliers to boost potential earnings.
Launch of $BORNE Token on Blackhole DEX
Spellborne announced the launch of its $BORNE token on Blackhole DEX. Launched on August 29, the token serves utility functions within the game, including crafting and peer-to-peer trading. Players can also earn $BORNE through PvP and in-game events. This launch aligns with the game’s broader economic strategy.
Ex Populus Files Trademark Lawsuit Against xAI
Ex Populus filed a lawsuit against Elon Musk's xAI, arguing that there is confusion between the brands 'Xai' and 'xAI'. Filed this week, the complaint states that xAI's growing media presence has led to misattribution of Ex Populus' products.
The week was eventful for the crypto gaming sector with new launches and legal initiatives, highlighting the industry's ongoing evolution and adaptation to new challenges.