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Crypto Fund Launches $500K Player Relief

Crypto Gaming Recovery Fund Aims to Support Players of Shuttered Games

  • The Crypto Gaming Recovery Fund offers $500,000 in tokens and assets over seven years.
  • Players from defunct games like Pirate Nation, Tokyo Beast, and Walking Dead can access the fund.
  • Splinterlands invites other projects on the Hive blockchain to contribute to the fund.
  • The fund is governed by a decentralized autonomous organization (DAO) that decides eligible games.
  • In year one, the fund allocates over $16,000 in SPS tokens and scales up to about $82,000 by year seven.

Blockchain games are shutting down as hype fades, leaving players with unusable assets. The Crypto Gaming Recovery Fund aims to provide these players with new opportunities by offering them assets in Splinterlands.

By providing a recovery path for affected players, Splinterlands seeks to stabilize and grow the blockchain gaming industry through collaborative efforts from multiple projects. (Source)

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