This Week in Crypto Games: Immutable SEC Threat, 'Tomarket' Airdrop, and 'Hamster Kombat' Down Bad

The crypto gaming world had an eventful week with regulatory challenges, new token releases, and project updates.

Immutable’s SEC Troubles
Immutable, the Ethereum-based gaming platform, received a Wells notice from the SEC, indicating it could soon face enforcement action. The notice, sent to Immutable CEO James Ferguson and the Digital Worlds Foundation, pertains to alleged violations related to IMX token sales in 2021. Following the news, the IMX token dropped by 30% over the last month, stirring up uncertainty in the community.

Tomarket Airdrop Confusion
Tomarket, a Telegram-based crypto game, issued its TOMA token on The Open Network (TON), sharing airdrop allocations on Friday. However, the token hasn’t yet been listed on any exchanges, frustrating some players eager to trade it. Further confusion arose as certain users were deemed ineligible for the airdrop. The developers plan to review and adjust allocations over the coming week.

Hamster Kombat Delays and HMSTR Token Drop
Hamster Kombat, another Telegram-based game, delayed the release of its second season, initially slated for the end of October. The postponement has led to a sharp drop in the value of its HMSTR token, which is now down 77% from its all-time high in late September.

Pudgy Penguins Announces Mobile Game, Pudgy Party
Ethereum-based NFT project Pudgy Penguins is entering the mobile gaming world with Pudgy Party, a battle royale-style game developed with Mythical Games. Slated for a 2025 release on iOS and Android, the game draws inspiration from Fall Guys but will emphasize teamwork and shared rewards, allowing players to collaborate through various challenges.

These developments underscore both the opportunities and challenges in the evolving crypto gaming landscape, as projects balance regulatory scrutiny, token management, and ambitious gameplay rollouts.

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