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Cryptocurrency News Articles

Hytopia, Minecraft-Inspired Metaverse, Raises Millions, Gears Up for Closed Beta

Apr 03, 2024 at 04:01 pm

NFT Worlds, rebranded as SCENEHytopia, will start a closed beta this month after raising $8 million through a node sale for its Ethereum layer-2 network, Hychain. Hychain raised 2,098 ETH from users purchasing nodes that help secure the Arbitrum-based gaming network and earn TOPIA tokens. With 250 million TOPIA and a 25% share of transaction fees allocated for node operators, Hychain nodes went live on Tuesday.

Hytopia, Minecraft-Inspired Metaverse, Raises Millions, Gears Up for Closed Beta

Hytopia, a Minecraft-Inspired Sandbox Game, Set to Launch Closed Beta Test After Securing Millions in Funding

Hytopia, a Minecraft-like sandbox game that was previously known as NFT Worlds, has secured millions of dollars in funding through a node sale for its Ethereum layer-2 network, Hychain. The game is set to launch a closed beta test this month.

Hychain Node Sale Raises Millions

The Hychain sale, which concluded in March, raised 2,098 ETH, or over $8 million at the time. Users purchased nodes to help secure the Arbitrum-based gaming network and earn TOPIA tokens in return.

Approximately 250 million TOPIA tokens, valued at around $17.5 million, will be distributed to node operators. Node operators will also receive a 25% share of transaction fees. The Hychain nodes went live on Tuesday, April 11th, following the sale.

Impressive Node Sales and Community Support

To date, nearly 17,000 node keys have been sold out of a total of 50,000. The sale remains open while Hychain nodes are still available. Hychain has distributed 254 ETH (approximately $1 million at the time) in incentives to content creators and influencers who promoted the node sale.

ArkDev, Hytopia's pseudonymous co-founder, expressed enthusiasm about the community's response to the node sale and anticipates players' interest in exploring the Hychain mainnet. He emphasized that these developments demonstrate the community's desire for a permissionless blockchain that enables the frictionless publishing of Web3 games.

Hytopia Closed Beta Test Launch

Hytopia, the flagship game launching on Hychain, has garnered 1.25 million pre-registrations and is set to debut its closed beta test this month.

Transition from NFT Worlds to Hytopia

Decrypt's GG recently interviewed ArkDev about the game's transition from the Minecraft-based NFT Worlds project to Hytopia, an original crypto game that combines elements of Minecraft and Roblox. The team's strategy also involves attracting other game developers to Hychain.

Note

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Other articles published on Nov 14, 2024