The developer of the decentralized exchange Uniswap has acquired the popular crypto reality game Crypto: The Game (CTG) ahead of the new season. This was reported by Fortune.

The acquisition price was not disclosed, but the purchase was made using a combination of tokens and securities.

Crypto: The Game is a Web3 survival game launched at the end of January 2024. The game draws inspiration from TV shows such as "Survivor" and "Squid Game".

The game features 800 participants who are gradually eliminated over ten days through competitions and voting until only one winner remains, taking the entire prize pool. To register, players must purchase tickets priced at approximately 0.1 ETH.

The first season was won by a player from Japan, who took home $150,000. The finalist of the second season donated the prize of 71.8 ETH (~$210,000 at the time) to Tornado Cash developers Alexey Pertsev and Roman Storm.

According to OpenSea, NFT tickets for the spring season sold out in approximately 15 minutes, with some resold at a 40% markup.

As part of the deal, CTG founders Dylan Abruscato, Tyler Cagle, and Brian Lee will continue developing the game as employees of Uniswap Labs.

Abruscato described the Web3 game community as a mix of crypto enthusiasts, venture capitalists, company founders, and well-known influencers, with 10-15% of participants being newcomers to cryptocurrency.

Simultaneously, Uniswap Labs has hired former Coinbase CLO Katherine Minarik as its chief legal officer.

Minarik is likely to face a lawsuit from the SEC, which sent Uniswap a Wells notice in April.

It is worth noting that the founder of the decentralized exchange, Hayden Adams, stated that the "total war" against the industry being led by the SEC and Senator Elizabeth Warren is a huge miscalculation by the Biden administration.

In May, Uniswap representatives called on the regulator to drop the lawsuit, calling the agency's arguments weak.