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- š¤ Betting on Bitcoin
š¤ Betting on Bitcoin
Are gamblers gamers? Blockchain gamingās ethos is changing ā again

Hey frens.
I donāt know about you, but I havenāt been seeing happy posts about ETH Denver on the timeline. Seems like people are feeling pretty deflated by the turnout and by Ethereum in general.
We have all these promising regulatory changes coming to the fore, and yet some folks are still bearish on the broader state of crypto right now.
Current price action looks chilly for sure, but overall weāre still winning, yāall.
ā Kate Irwin

š° Bitcoin game dev pivots to blackjack
THNDR, a game studio thatās launched half a dozen play-to-earn Bitcoin mobile games using the Lightning network, is pivoting to the āiGamingā market, which has elements of casino betting games.
The team is now launching a blackjack game called, unsurprisingly, Blackjack. It will appear across different iGaming platforms and aggregators at launch.
āItās not as regulated as gambling. Itās actually regulated similar to, like, daily fantasy sports,ā Desiree Dickerson, CEO and co-founder of THNDR, tells me. āThe [iGaming] industry is really open to Bitcoin and just crypto in general.ā
The Bitcoin-powered Blackjack game is actually PVP, instead of playing against the āhouse.ā Dickerson sees THNDRās version of blackjack as requiring more player skill than slots or blackjack at a casino.
The Blackjack game uses THNDRās betting liquidity network and offers instant Bitcoin Lightning network payments.
THNDR previously released Tetro Tiles, a Tetris-like free mobile game, where you could earn satoshis based on the amount of time you spent in the game (the games are ad-supported). It was simple but fun, and I played it for longer than I expected as someone who usually goes for shooter-style PC games. THNDR has also released a solitaire game, a racing game, and other titles where you can earn Bitcoin.
āThe gaming industry is just so brutal,ā Dickerson said of the state of blockchain gaming and the gaming space more broadly. āThereās going to be some misses, just like in every other industry.ā
But Dickerson isnāt the first builder Iāve heard of whoās shifted away from just blockchain gaming toward something a little different. THNDR is still maintaining its previous games for those who still play ā but iGaming is its next frontier.
āPeople are always going to want to bet,ā Dickerson explained.
For better or worse, I canāt help but agree. Neither of us are gamblers, but we also see where things have been heading this cycle. People are being more open about wanting to bet on things, and I think thatās partly why Polymarket did so well (the number of daily active traders has fallen substantially from its January peak, but hasnāt fallen off completely). Crypto is a high-risk, high-reward space, not unlike gambling.
THNDR isnāt alone in its shift away from more traditional crypto game development, too.
This year, Iāve spoken with other execs who not only see the rise of gambling and betting in gaming but have also moved away from blockchain gaming toward a B2B model, as THNDR has also done (THNDR is offering its betting games to other platforms).
āTraders are a new class of gamers,ā Sam Barberie, head of strategy and partnerships at Horizon, previously told me.
Horizon notably moved away from game development after its first title, Skyweaver. So has Midnight Evergreen, a firm thatās moving from game development to acquiring other studios and products.
Midnight Evergreen CEO Steve Wade laid out the game industryās massive hurdles ahead, arguing that there arenāt enough players or growth in gaming in general. So many gamers are stuck in āblack hole gamesā like Fortnite where they donāt play any other title. There arenāt more players than before, and they arenāt spending more than before. Studios will need to be big enough to survive the storm ā and many currently arenāt.
Wade told me that CEOs of nine different game companies have reached out to him, saying theyāre in trouble.
While no one can guarantee what the future holds, I think heās probably right. Gaming will continue to be a cutthroat industry, where only the very best games and teams survive. Those with a lot of cash whoāve been saving for a rainy day could weather the storm, while those who have spent more wildly could find themselves running dry.
For now, betting-based games are consuming market interest and attention. Recently, a new casino game Pebble City launched on Sui ā a chain thatās focused on video games in the past. Now, that chain is offering a mix of traditional and betting games.
āMore and more gaming is going to include gambling,ā Dickerson predicts.
Weāll see if sheās right ā so far, it looks like things are absolutely heading in that direction.

š® Off The Grid releases big update
The NFT-optional battle royale game Off The Grid released a notable update last week. Thereās a new area of the map called Midtown Harbor. Thereās a freshly-added cyberlimb called the MaxiGun, a new side mission, and a new content pack, to name a few of the changes.
Theyāve also made some tweaks to in-game movement and the jetpack, which Iāve been hoping for. I havenāt checked out the changes yet, but Iām planning to as soon as I get back to my gaming PC.
Off The Grid could still use some more tweaks, probably, especially around game optimization. As Jonah Blake and others have pointed out, itās probably not going to run properly (or at all) on a computer that cost you less than $1,000. And a hit game is typically one that can run on just about any device, like Fortnite, because cheaper hardware is more accessible for more people.
Off The Grid and the NFT trading card game Parallel held an esports event in Las Vegas last week. I was invited but couldnāt make it ā looks like I missed out!
š¦ Thereās no MetaMask token ā ācurrentlyā
The team behind the crypto wallet MetaMask has confirmed that thereās no MetaMask token, so any posts you might see online or on social media are scams.
Stay safe out there, frens. Fake airdrop and wallet drainer scams are the worst.
A Twitter user shared in the comments to that post, however, that the team removed the word ācurrentlyā from their original post, which read āThere is currently no MetaMask tokenā (emphasis mine).
That stoked speculation around whether one might be coming in the future. Jordan Spencer, senior social media director at MetaMask parent company Consensys, replied: āYāall were enjoying that ācurrentlyā too much.ā
Ok, so no token for now. But this has echoes of the OpenSea token leak, where rumors of a token airdrop circulated on social media before one was actually announced for real.
We donāt know whether a MetaMask token will ever be coming, but hey, stranger things have happened in crypto. Itās possible they could announce one at some point to compete with Uniswap, and administer the token through a foundation.
š² Parallelās going mobile
Parallel, the PC sci-fi trading card game with NFT elements, is getting a mobile version later this month on March 19, the team announced on Monday. Itāll be available on the Apple App Store and the Google Play Store.
Parallel is one of the blockchain-optional games Iāve been following for a while. Itās fun to play and is as hard as other TCGs out there, like Hearthstone, which I generally suck at.

Onchain Heroes launches its endgame dungeons. You need a level 10 or higher hero to battle for Gacha tokens.
Blockchain gaming group WolvesDAO has picked their WOOF token airdrop recipients. Are you on the list? I got rejected, but I was sorta expecting that because I donāt really hold a lot of tokens/assets in my hot wallet.
Ronin-based MMO Legends of Elumia has released Ronin Game Pass packs, costing anywhere from 10 to 100 RON. They include the Game Pass itself as well as raffle tickets and mystery boxes for packs costing 20 RON and higher.

Art from the Avalanche MMO Pulsar, currently available for Mac and PC players:
