Market Times:


New York:


Web3 Game Crypto Unicorns Launches on Arbitrum’s Xai After Ditching Polygon

Crypto Unicorns' launch on Xai comes as the game anticipates its two-month Play to Airdrop campaign, which will launch on July 1.

Crypto Unicorns

Web3 breed, battle, and collect game Crypto Unicorns has successfully launched on Arbitrum’s layer-3 chain Xai after leaving the Ethereum-based layer-2 network Polygon.

According to a press release shared with Cointab, the launch, completed on June 25, marked the unveiling of a new native marketplace, Xai (XAI) and Crypto Unicorns (CU) token rewards and faster gas-free transactions for users.

Unicorns Launches on Xai

Alongside Crypto Unicorns, another web3 game, Shadowforge, was migrated from Polygon to Xai and will soon go live on the latter. Likewise, Shadowcorns, villains in the Crypto Unicorns universe, was also moved to Xai. Shadowcorns cannot be bred, but players can control them as minion non-fungible tokens.

Unicorns players can earn XAI rewards by logging in and completing tasks daily. Players who own Shadowcorns can also receive rewards by minting minions in the Shadow Forge, which is a feature that allows users to harvest resources, craft rituals, and mint minions to bolster leaderboard standings and participate in future games.

Aron Beierchmitt, CEO of Crypto Unicorns developer Laguna Games, commented on the latest development: “Launching Crypto Unicorns on Xai is a game-changer for our community. With faster, gas-free transactions, a new marketplace, and enhanced features, the player experience is significantly improved. By combining these advancements with hyper deflationary tokenomics, we are setting the stage for a stable and sustainable in-game economy. Two years of bear market building is finally coming to fruition!”

Crypto Unicorns to Initiate Token Burns 

Crypto Unicorns’ launch on Xai comes as the game anticipates its Play to Airdrop campaign, which is set to launch on July 1 and run for two months. While the Play to Airdrop campaign continues, Xai will launch its Vanguard Campaign aimed at encouraging players to engage in several in-game objectives.

Additionally, Crypto Unicorns is working toward launching two decentralized autonomous organization (DAO) proposals to increase the scarcity of CU’s circulating supply. The first proposal suggests a buy-and-burn mechanism where 50% of all ETH earned by the DAO’s treasury will be used to purchase and burn CU.

The second proposal could introduce a monthly token burn mechanism that entails weekly burns of CU used in-game. This proposal would also include burning 6.48 million CU, accounting for 15% of the total supply or tokens used in the past two years of in-game activity.

Cynthia Ezirim

Cynthia Ezirim is a news reporter at Cointab who is passionate about Bitcoin, non-fungible tokens, and decentralized technology. She joined the crypto space in late 2022.