- 1 Uniswap Labs announced its partnership with CTG founders to add an immersive experience to ‘Crypto: The Game Season 3’.
- 2 New themes, on-chain features, and twists are expected from the crypto game built on the base blockchain.
- 3 The announcement recorded a sudden price surge in Uniswap tokens.
On June 10, Uniswap Labs came up with exciting news for the Uniswap community and gaming enthusiasts. The announcement was related to the merger of Uniswap Labs and the CTG team to offer an immersive experience with ‘Crypto: The Game Season 3’.
Experience the New Season with Uniswap Labs
To make the gaming and on-chain experience more human and fun, Uniswap Labs joined hands with CTG founders Dylan Abruscato, Tyler Cagle, and Bryan Lee. The merger is supposed to bring the third season of ‘Crypto: The Game’ in an interactive way.
Life update: we acquired @cryptothegame_
— Uniswap Labs (@Uniswap) June 10, 2024
The CTG team will join Uniswap Labs, where they’ll continue their work on Season 3
And they'll also be cooking up onchain experiments for the Uniswap community pic.twitter.com/LzKYzSyf81
Per the Uniswap Labs blog post, both teams will experiment with on-chain activities to offer the Uniswap community the best experiences. The two seasons of the game showcased a thrilling performance, sold within 18 minutes.
Contents bought in with 0.1 Ethereum (ETH) and participated in daily challenges. The upcoming season was anticipated to be fun and full of surprises and twists for the gamers.
More Add-ons to the Plan
Uniswap, the largest decentralized exchange (DEX) on Ethereum Blockchain, is confident in the ‘Crypto: The Game.’ It has assured CTG fans about the upcoming surprises and fun. The DEX also shipped UniswapX, launched its wallet, expanded its support to more chains, and announced its vision for Uniswap V4.
The team has already submitted the V4 for security audits and has encouraged community feedback before its public launch. The plan is to expand on the DEX’s coin-swapping potential and represent a significant advancement in DEX and automated market makers (AMM).
Customizability with Hooks, singleton contract for efficiency, flash accounting system, unlimited fee tiers, native ETH support, and community-driven development and innovation are a few of the key features.
Hooks are a new feature in V4 that acts as a smart contract and can be attached to liquidity pools to enable a higher degree of customization.
Furthermore, the licensing model for V4 is the same as that for V3, that is, Business Source License 1.1, and it helps empower the system. Alternatively, the Flash accounting system allows users to efficiently chain numerous actions in one transaction.
The team hasn’t revealed the exact details, but it is expected to take several months for the V4 to launch for public use. However, the excitement and wait for the new products can be examined through the sudden surge in Uniswap (UNI) token value.
Action’s Reaction to UNI Price
At press time, UNI was trading at $9.46, after a drop of 2.53% in a day with a market cap of $5,676,457,418 and $375,153,307 in 24-hour volume.
UNI Price I Source: CoinMarketCap
According to CoinMarketCap, Uniswap’s announcement on ‘Crypto: The Game’ and ‘V4’ spiked UNI’s price from $9.6594 to $10.64 on June 10. Moreover, UNI declined by 0.20% in the past week.
Disclaimer
The analysis given above is for informational and educational purposes only. You should not take it as financial, investment, or other advice. Investing in or trading crypto assets is risky. Please consider your circumstances and risk profile before making any investment decisions.
