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The recent FTX debacle greatly impacted three of Solana’s top blockchain games. In the current state of the gaming tokens, it is doubtful if users will continue to play. So, is it possible for these Solana-based games to recover?
The top 3 Solana-based blockchain games affected by the FTX debacle. Credit: Finbold
The Top 3 Affected Blockchain Games
Star Atlas was one of the prominent crypto games affected by the FTX fiasco. It’s an MMORPG that uses real-time graphics technology that allows the game to have the highest quality visuals. Moreover, Star Atlas was nominated for two Gam3 Awards categories, including “best graphics” and “most anticipated game.” There is, however, a cloud over this good news due to the recent sufferings of Star Atlas’ token. The $ATLAS token is down 37.8%, trading at $0.00249988 in the past 30 days.
Further, the next game affected is Aurory. The free-to-play, Solana-based JRPG game has received great success. The triple-A gaming project was on track to become one of the most popular games on the market. Nevertheless, $AURY, the game’s token, reached an all-time low of $0.310679 on November 18, 2022. It’s worth mentioning that the token has climbed 80.3% in the last 7 days, according to CoinGecko. This could be the devoted players seeing this as an opportunity in the midst of the chaos.
Tap Fantasy, Solana’s top-ranked game, can’t avoid feeling the impact of FTX’s collapse. Tap Fantansy is a free-to-play MMORPG with over 200 roles and NFT skins in the game. The game has also amassed 20 million users and 1 million daily active users. Similarly, Tap Fantasy’s game token, $TAP, was equally affected, dropping 27.8% in price.
What Will Happen To Solana Based Games?
The collapse of in-game tokens has brought both catastrophes and opportunities. Many will view this immense loss as the end for crypto games, while others will capitalize. The drop in prices also provides an appealing entry point, making crypto games more accessible to players. Perhaps this will attract a new wave of gamers to Solana-based games, or maybe not. Only time will tell.
