HomeCrypto GamingSugartown team buys out web3 project from Zynga

Sugartown team buys out web3 project from Zynga

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One 12 months on following the revealing of Sugartown, mission leads Matt Wolf and Tommy Ngo have introduced D20 Labs.

Notably the brand new entity has acquired “all products and assets under Sugartown from Zynga”, with Wolf, who was Zynga’s head of blockchain, turning into D20’s new CEO. As per the announcement, D20 says it’s now “full steam ahead to create the future of rewarded play”.

Because of the lack of exercise surrounding Sugartown for many of 2024, the acquisition information is smart. Studying between the traces, the mission has doubtless been stalled by Zynga or its final proprietor Take Two, holding the creators of Sugartown again. 

As an example, the brand new advertising lead at D20, referred to as Camol on X, commented, “We really acquired the product we made inside one of the biggest games companies in the world and brought it independent so we are able to operate at the level web3 requires”.

A day after the information, Sugartown additionally introduced its chapter 1 kickoff.

The reception from the group has been torn. Though some are welcoming the information, others are calling the mission “grossly marketed as all hype and no substance”. Crypto degen Grail says “Without Zynga, what are you exactly? You’ve built nothing lasting here outside of the Zynga narrative”.

One other outspoken web3 fanatic on X Jonah asking “Is the big announcement that Zynga divested? Isn’t that why people liked sugartown?”

In September 2023, Sugartown minted its first NFTs. The 9,999-strong Ora assortment acted as entry passes into the sport, whereas additionally enabling holders to stake them to generate the power required to play the Sugartown mini-games.

Particulars are nonetheless sparse however for more information take a look at the D20 Labs web site and X channel, together with an X house to be held on Wednesday third September at 15:30 EST.

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