GAME

Trump's latest crypto project will be a real estate video game

ChainCatcher news, according to Fortune, Trump's latest crypto project will be a real estate video game, as President Trump enjoys Monopoly. In 1989, the real estate mogul launched "Trump: The Game," a variant of a board game themed around real estate. In 2006, he considered launching a reality show inspired by Monopoly. "I've always thought Monopoly was a great game," Trump told the New York Post when discussing the show, but the program ultimately did not materialize. Now, Trump's latest project will be a crypto game branded with the Trump name—according to two insiders, this game has a Monopoly-like feel.This planned real estate game will be the latest addition to Trump's and his family's growing list of crypto projects. In addition to an NFT series and a MEME coin, there is the decentralized finance project World Liberty Financial, a stablecoin, and a Bitcoin mining company, in which the president's son Eric Trump and Donald Trump Jr. hold significant stakes.An insider familiar with Trump's new crypto game told Fortune that the game is an adaptation of "MONOPOLY GO!" where players earn in-game cash by moving pieces on a digital Monopoly board and building structures in a digital city. Another unrelated insider also compared the project to Monopoly. Both insiders requested anonymity due to the private nature of the business dealings.Insiders revealed that Trump's longtime friend Bill Zanker is the driving force behind the project, having helped the president launch his meme coin and NFT projects.Zanker's spokesperson Kevin Mercuri denied that the project is similar to "MONOPOLY GO!" but confirmed to Fortune that Zanker is developing a "game" set to launch at the end of April. He also stated that the Monopoly claims are "rumors."

The developer of the cryptic shooting game "Shrapnel," Neon Machine, has been exposed to be in financial crisis

ChainCatcher news, according to Blockworks, the developer of the crypto shooting game "Shrapnel," Neon Machine, is facing serious financial difficulties. So far, the company has spent nearly $86.9 million in operating funds, with projected revenue of $21.7 million for 2024, but high operating costs of about $33 million have prevented it from becoming profitable, resulting in a net loss of $11.4 million.Sources say that Neon Machine's monthly cash burn is as high as $2 million to $3.5 million, and it is currently in a state of cash depletion, with significant unpaid debts, owing millions of dollars to external suppliers. The company’s new round of financing, originally scheduled for early 2025, has also failed to materialize. Previously, the company completed a $20 million Series A funding round in October 2023, led by Polychain Capital.Moreover, the company's workforce has sharply decreased from nearly a hundred at its peak to just over a dozen, with very few people actually involved in the development of "Shrapnel." To extend its cash flow, the company has implemented at least three rounds of layoffs and has asked high-salaried employees to voluntarily take a pay cut of about 20%. The Seattle headquarters was also closed at the end of March.Despite this, the company still claims to be "in the strongest position ever" and plans to launch "Shrapnel" globally by the end of 2025. However, several insiders close to Neon Machine are skeptical about whether the game can be launched smoothly, stating that the project is not yet complete and funds have been exhausted.In addition, according to People's Daily - Jinbao News, Lingjing People's Game Laboratory held talks with the creative team of "Shrapnel" (tentative Chinese name: 弹片), reaching a preliminary cooperation intention on issues such as the minting and distribution of game digital assets in the Chinese market, compliance circulation, and market operation.
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