Nfts
The shutdown of the Web3 shooter gives rise to the first “Mongrel NFT” collection
Web3 action shooter title Closebacked by Morningstar Ventures, saw its first NFT release – titled Mongrel Collection – released, ahead of the upcoming launch of its tokens.
1,750 free NFTs were available and all were distributed, with over 1,000 Mongrel NFTs claimed via guaranteed spots on OpenSea.
Shutdown’s $FUSE token is expected to launch later in 2024.
Source: Judgment
What is shutdown?
Shutdown is a cross-platform isometric shooter title. Developed by an experienced team of former Disney, Pixar and Ubisoft employees, the action-packed game is built with Unreal Engine 5, with a focus on creating and maintaining a sustainable player-driven economy.
Holders of Shutdown’s Mongrel Collection NFT will receive numerous benefits, including a $FUSE token airdrop once live, access to exclusive in-game upgrades, and better PvP and PvE rewards.
Shutdown entered open beta earlier this year, attracting more than 4,000 weekly active players during a four-week tournament. Shutdown is expected to be available on iOS and Android via the App Store and Google Play Store later this year.
Source: Judgment
What’s next for the shutdown?
The success of Shutdown’s first NFT edition is even more impressive given current market conditions, with weekly NFT trading down around 7% as of Friday, according to reports.
On the other hand, the situation for cryptocurrencies and tokens looks much brighter, with Bitcoin and Ethereum surpassing all-time highs while many coins hit record trading volumes in June – encouraging conditions for the upcoming launch of the $FUSE token.
“Shutdown aims to host cross-play capabilities between mobile and PC with a data-driven approach that can seamlessly integrate a cost-effective 4×4 system,” said Houston Song, founder and CEO of Shutdown.
“We’re introducing new content, maps, features, and customizations to the game every day – and the sold-out NFT sale is proof of player adoption and another step in the right direction.”
Want more? Connect with NFT Places
Join the weekly newsletter
Join our telegram
Follow us on twitter
Like us on Facebook
*All investment/financial opinions expressed by NFT Plazas are derived from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product before making any type of investment.
Decentralization is the future.