NEW YORK, Monday, June 17, 2024 – Uniswap Labs, the developers behind the leading decentralized exchange protocol Uniswap, announced the acquisition of “Crypto: The Game” (CTG) on its blog post on Tuesday, June 10.1
CTG is a popular on-chain game inspired by reality shows like Survivor, where players compete for a prize pool using cryptocurrency.
The acquisition brings the CTG development team under the Uniswap Labs umbrella. They will continue working on the upcoming Season 3 of the game while also collaborating on “onchain activations” for the Uniswap community.
Uniswap Labs highlights its commitment to building user-friendly experiences within the blockchain space. The company cites its recent product launches like UniswapX and the Uniswap Wallet as examples of this focus.
Financial details of the acquisition were not disclosed. CTG’s first two seasons garnered significant attention within the cryptocurrency community, with players competing for a prize pool using Ethereum (ETH). Analysts suggest this move positions Uniswap Labs to explore the intersection of gaming and decentralized finance (DeFi).
- blog.uniswap.org: https://blog.uniswap.org/acquiring-crypto-the-game[↩]
