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You are at:Home » Hulk Labs Acquires Validator Node License for Popular Web3 Game Splinterlands and Partners with Splinterlands Team to Expand in P2E Gaming Market
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Hulk Labs Acquires Validator Node License for Popular Web3 Game Splinterlands and Partners with Splinterlands Team to Expand in P2E Gaming Market

Rakhi ShahBy Rakhi ShahJanuary 18, 2023Updated:January 23, 2023No Comments2 Mins Read
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Hulk Labs Acquires Validator Node License for Popular Web3 Game Splinterlands
Hulk Labs Acquires Validator Node License for Popular Web3 Game Splinterlands
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Key Takeaways

  • Tokens.com Corp’s subsidiary, Hulk Labs, has acquired a validator node license for the web3 game Splinterlands and entered into a partnership with the Splinterlands team.
  • As a validator node operator, Hulk will earn a share of 3,750,000 Splintershards tokens per month, which can be exchanged for on-chain game assets or traded on secondary markets.
  • Hulk Labs plans to leverage the validator node to earn in-game assets which will be used to deploy into its growing network of players, and is also partnering with NFTy Arcade to facilitate the onboarding of new players.

Tokens.com Corp’s subsidiary, Hulk Labs, has acquired a validator node license for the web3 game Splinterlands and entered into a partnership with the Splinterlands team.

As a validator node operator, Hulk will earn a share of 3,750,000 Splintershards tokens per month, which can be exchanged for on-chain game assets or traded on secondary markets.

The acquisition aligns with Hulk Labs’ focus on yield generation within the web3 gaming space, as Splinterlands has shown itself to be a sustainable game. Hulk also plans to partner with NFTy Arcade to leverage their guild tooling and facilitate the onboarding of new Splinterlands players.

The current crypto market environment has made it challenging for new games to come to market, but Splinterlands has remained strong. In addition to the main deck-builder based game, Splinterlands is also prepared to release a highly anticipated tower defense game. Pre-sales for tower defense card packs launched on September 20th, and sold out in 12 hours, with over 200,000 of the 250,000 packs available selling in the first 30 minutes.

Andrew Kiguel, CEO of Tokens.com, said: “Hulk Labs continues to grow its platform and revenue generating opportunities. As web3 gaming and P2E continue to grow, Hulk Labs is positioned to be an industry leader in analytics and wallet management software.”

Last year, Tokens.com acquired Playte Group, a company that is building tools to onboard, manage, and track players and assets in the play-to-earn economy.

The Hulk Labs acquisition of a validator node license for the popular web3 game Splinterlands and partnership with the Splinterlands team aligns with their focus on yield generation within the web3 gaming space, and positions them as a leader in analytics and wallet management software in the growing web3 gaming and play-to-earn (P2E) market.

Read Also: Tokens.com Subsidiary Hulk Labs Invests In Crypto Gaming Startup Crabada

Gaming Hulk Labs Splinterlands Tokens.com
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Rakhi Shah
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R Shah is a journalist and writer based out of Delhi, India. She is an Economics graduate from Delhi University. She can be reached at R.Shah@alexablockchain.com.

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