- On Monday, Uniswap Labs introduced the acquisition of Crypto: The Recreation (CTG).
- The worth of UNI, the native token of the Uniswap (DEX) decentralized trade protocol, rose barely on the information.
Uniswap Labs has acquired Crypto: The Recreation (CTG), a crypto-focused elimination sport that’s set to launch its third season.
The worth of Uniswap (UNI) rose barely after the information. On the time of writing, UNI is up simply over 5% in 24 hours, buying and selling round $10.33, in keeping with CoinGecko.
Uniswap Labs Acquires Crypto: The Recreation
Within the announcement, the Uniswap Labs crew stated that because of the acquisition, CTG founders Dylan Abruscata, Tyler Cagle and Brian Lee will proceed to work as builders at Uniswap Labs.
“We’re happy to announce that Uniswap Labs has acquired Crypto: The Recreation (CTG), an interactive on-chain survival sport. As a part of this acquisition, the CTG crew will be part of Uniswap Labs to proceed work on the extremely anticipated Season 3. The crew can even be experimenting with on-chain activations for the Uniswap group,” Uniswap Labs stated in a weblog publish on Monday.
Crypto: The Recreation Season 3 Obtain
CTG is gearing up for its third season, the primary two lined the crypto market. The Survivor-like elimination induced a stir on social media, particularly X (previously Twitter). Curiosity within the sport led to NFT Season 2 season tickets promoting out in minutes.
For 2 seasons, members participated within the competitors, buy-in with 0.1 ETH. Tribes competed in a contest adopted by voting over ten-day seasons, with one particular person rising because the winner.
In keeping with the announcement, Uniswap will use the deal to create an much more immersive expertise for the CTG group.
The worth of the UNI token rose on Monday after the information, buying and selling round $10.33, up greater than 5%.