🏴☠️ Proof of Play Launches $PIRATE Shop in Arcade
🏴☠️ Proof of Play Launches $PIRATE Shop in Arcade
🏴☠️ New PIRATE sinks
Proof of Play introduces $PIRATE token utility with the launch of their new shop in the Proof of Play Arcade.
Key Features:
- Players can now purchase Mystic Rerolls packs using $PIRATE tokens
- Part of the company's single token ecosystem strategy
- Creates new token sinks to support $PIRATE utility
Background Context: This launch follows Proof of Play's recent pivot from fully onchain games to mobile gaming with web3 integration. The company has been working to restore community trust after issues with their Founder's Pirates sunset.
Additional Developments:
- Arcade has generated $500K revenue in 2 months
- Company commits to $PIRATE as their only token
- Focus on bringing web3 to games rather than games to web3
The shop represents a practical step toward creating sustainable token utility within Proof of Play's expanding gaming ecosystem.
Arcade Week 10 Competition Enters Final 24 Hours with $15K Prize Pool
The **Arcade Week 10 'Rep Your Region' competition** is down to its final 24 hours with over **$15,000** in rewards up for grabs. **Key Details:** - Competition ends in less than one day - Prize pool exceeds $15K - Regional competition format continues from previous weeks - Every game run contributes to final standings **Recent Context:** This follows the successful Week 9 competition that saw **new regions challenge Korea's dominance** in the top 10 leaderboard positions. The regional competition format has proven popular, with Week 9's prize pool reaching $16.5K. **What's at Stake:** Players compete to represent their regions while climbing individual leaderboards. The competition rewards both participation and performance, with payouts distributed to qualifying finishers. Time is running out for players to secure their position and claim their share of the substantial prize pool.
Bagholder Brawl Heats Up
The **Bagholder Brawl** competition is underway with team **$CYCLOPS** dominating the leaderboard. **Key highlights:** - Over **$27k in total prizes** available - **$17k currently allocated** to team $CYCLOPS - Strong performance from player **lilwassie** driving the lead **Competition format:** - Only the **top three teams** will win prizes - Players must choose their team and build their scores The one-eyed team's early success sets up an intense battle as other teams work to close the gap in this high-stakes arcade competition.
Pirate Token Burn Event Sees 135,000 PIRATE Tokens Removed
A significant token burning event for $PIRATE has successfully concluded with impressive results: - 135,000 $PIRATE tokens were removed from circulation in under 30 minutes - The Bandit Ship collection sold out in less than 10 minutes - Pirate Skin chests were fully claimed within 30 minutes This burn event was part of a two-phase Shop Drop, with Phase 2 scheduled for later implementation. The rapid sellout demonstrates strong community participation in the token burning initiative. *Next scheduled burn event will commence in approximately 8 hours.*
Limited Time Offer: 40 PGLD in Epic Chests
Ahoy, Cabin Pals! During our recent Town Hall, Amitt showcased our new game editor tool and announced a temporary boost to Epic Chests in Exploration mode. For a limited time, these chests will offer 40 PGLD instead of the usual 30 PGLD. Key points: - New game editor tool demonstrated - Epic Chests now contain 40 PGLD in Exploration mode - Offer ends Friday, reverting to 30 PGLD Don't miss this opportunity to maximize your PGLD earnings! Set sail and explore before the offer expires.