HomeNFTHen Derby Search New Possession and Funding Alternative

Hen Derby Search New Possession and Funding Alternative

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The builders of Hen Derby have just lately introduced that they’re exploring the potential for promoting the sport.

The choice comes as they search new funding or a possible purchaser to proceed its improvement. Early discussions are underway, however the course of might take a while earlier than any concrete choices are made.

In keeping with a latest replace shared on the official Discord server, the workforce is within the preliminary levels of talks with a number of events. While the sport stays operational, it has been positioned in upkeep mode because the workforce continues to cowl working prices and tackle essential points.

Supply: Hen Derby

What’s Hen Derby?

Launched in 2021, Hen Derby is a blockchain-based recreation on the Polygon community.

Gamers personal distinctive hen NFTs, every with distinct traits and talents, which they will breed, commerce, and race. The sport options numerous race sorts influenced by elements like terrain, monitor size, and a hen’s hidden attributes, making every race dynamic and unpredictable.

The sport has garnered vital consideration since its launch, with over 100,000 races carried out and greater than $1.5 million in wagers positioned. The preliminary NFT assortment offered out shortly, elevating over $1.5 million, and the sport has since generated greater than $10 million in buying and selling quantity.

The sport makes use of a dual-token financial system with $BAWK and $JEWELS tokens. $BAWK is earned by staking in Hen Racing Firms (CRC) and by staking chickens, while $JEWELS are required for race entries and will be bought with $USDC. Each tokens play key roles within the recreation’s financial system, providing gamers a number of methods to take part and earn rewards.

Chicken Derby by Numbers
Supply: Hen Derby

What this implies for the way forward for the sport?

The potential sale of Hen Derby raises questions on the way forward for the sport.

While the event workforce has assured gamers that the sport will proceed to function through the transition, the long-term affect of recent possession stays unsure.

The group is anxious about potential adjustments that would have an effect on gameplay, tokenomics, or general participant expertise. However, new possession may carry recent funding and assets which will help additional improvement and progress.

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