News

FTX Acquires Good Luck Games Amid Gaming Push

For an unknown price, cryptocurrency exchange FTX has bought Good Luck Games, the creator of the forthcoming card fighting game Storybook Brawl.

FTX

Cryptocurrency exchange FTX has acquired Good Luck Games, the creators of the forthcoming card fighting game Storybook Brawl. Following the acquisition, Good Luck Games will be incorporated into FTX Gaming.

Last month, it was announced that ]the crypto exchange platform was developing a gaming unit to encourage game creators to accept cryptocurrencies via a “crypto-as-a-service” platform.

Good Luck Titles, situated in Olympia, Washington, was founded in 2019 by four senior card game designers and former professional players with connections to the games Magic: The Gathering and The Elder Scrolls: Legends.

Storybook Brawl is a card-based auto-battler game with fairytale and mythological characters that is now in early access on Steam. The game is intended to be simple to play, but the diversity of cards allows for more strategic game play as well as the creation of blockchain-backed digital game assets.

Storybook Brawl

The smartphone version of Storybook Brawl is set to be released this summer.

FTX CEO and co-founder Sam Bankman-Fried wrote:

“We’re excited to explore what the intersection of [non-fungible tokens], crypto, blockchain and gaming looks like. But we’re even more excited to see where Storybook goes. Our mission is to help them build the best games they can – with as much (or little!) integration with FTX as they want.”

In the past, gamers have responded negatively to the incorporation of blockchain-based elements in traditional games. When Ubisoft introduced in-game NFTs late last year, it received criticism.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Patrick

CoinCu News

Victor

Recent Posts

Best Cryptos to Buy in November 2024: What Sets Qubetics Apart from Fantom and Immutable X?

Discover why Qubetics, Fantom, and Immutable X are the best cryptos to buy in November…

46 minutes ago

Franklin Templeton Digital Assets and Sui Now Join Hands to Strengthen DeFi Strategy

Sui Foundation partners with Franklin Templeton Digital Assets to enhance DeFi solutions on the blockchain.

57 minutes ago

Get Insights on BlockDAG’s $136M Presale Success Revealed in Recent AMA—BTC Soars to $99K, Avalanche Trading Volume Surges

See how Bitcoin confronts $99K resistance, Avalanche enjoys a 23% rise, & BDAG achieves a…

1 hour ago

Gate.io Launches USDE Financial Products with Annualized Returns of Up to 54%, Ushering in a High-Return Era for Stablecoin Investments

Nov 18th, Panama - Gate.io, a global leader in digital asset trading, has officially unveiled…

3 hours ago

Bitdeer Convertible Notes Worth $360 Million Offered for Expansion Efforts

The Bitdeer convertible notes offer a 42.5% conversion premium, allowing conversion into cash with the…

3 hours ago

This website uses cookies.