The builders of Hen Derby have not too long ago introduced that they’re exploring the potential of promoting the sport.
The choice comes as they search new funding or a possible purchaser to proceed its growth. Early discussions are underway, however the course of might take a while earlier than any concrete choices are made.
In keeping with a latest replace shared on the official Discord server, the workforce is within the preliminary phases of talks with a number of events. While the sport stays operational, it has been positioned in upkeep mode because the workforce continues to cowl working prices and tackle essential points.
Supply: Hen DerbyWhat’s Hen Derby?
Launched in 2021, Hen Derby is a blockchain-based sport on the Polygon community.
Gamers personal distinctive rooster NFTs, every with distinct traits and skills, which they’ll breed, commerce, and race. The sport options numerous race sorts influenced by components like terrain, observe size, and a rooster’s hidden attributes, making every race dynamic and unpredictable.
The sport has garnered important consideration since its launch, with over 100,000 races performed and greater than $1.5 million in wagers positioned. The preliminary NFT assortment offered out rapidly, elevating over $1.5 million, and the sport has since generated greater than $10 million in buying and selling quantity.
The sport makes use of a dual-token financial system with $BAWK and $JEWELS tokens. $BAWK is earned by means of staking in Hen Racing Firms (CRC) and by staking chickens, while $JEWELS are required for race entries and may be bought with $USDC. Each tokens play key roles within the sport’s financial system, providing gamers a number of methods to take part and earn rewards.
Supply: Hen DerbyWhat this implies for the way forward for the sport?
The potential sale of Hen Derby raises questions on the way forward for the sport.
While the event workforce has assured gamers that the sport will proceed to function in the course of the transition, the long-term influence of latest possession stays unsure.
The neighborhood is worried about potential adjustments that might have an effect on gameplay, tokenomics, or total participant expertise. However, new possession may convey contemporary funding and sources that will assist additional growth and progress.
