- Find Satoshi Lab, the creator of blockchain-supported Stepn app, will distribute 2 million GMT tokens valued at around $420,000.
- The company is developing a new crypto and video-based game called Gas Hero and is organizing a competition for the avatars to be featured in the game.
- The winners of the three-month-long competition will receive prize tokens, and their created avatars will be included in the game.
Find Satoshi Lab to Launch New Crypto Game and Token Distribution
Development of Gas Hero and Token Distribution
Find Satoshi Lab, known for creating the blockchain-backed Stepn app, is set to distribute approximately 2 million GMT tokens, valued at around $420,000. In addition to this, the company is in the process of developing a new game based on cryptocurrency and video elements, dubbed Gas Hero. This game is expected to be completed by the end of the year, with GMT serving as the governance token within the game.
Avatar Competition in the Offing
Apart from the game and token distribution, Find Satoshi Lab is also organizing a competition for the creation of avatars that will be featured in Gas Hero. This competition, which will run for three months, will see the winners receive tokens as prizes. Moreover, the avatars created by the winners will be included in the game. The winners will be chosen based on the originality, design, and quality of the avatars they create.
Community Importance in Web3 Games
It’s worth noting that communities play a significant role in Web3 games. Many games created during the bear season failed to succeed due to lack of sufficient support from their communities and significant token sales. The Stepn app, which entered the crypto world in 2022 and later secured a deal with Apple, currently boasts over 500,000 active users monthly. Another crypto game, NFL Rivals, recently announced that it had surpassed 1 million downloads.