Crypto Unicorns, a flagship title from Laguna Games, has initiated its migration from Polygon to Arbitrum-based L3 XAI blockchain. The first phase, migrating the RBW token, has been completed, with the new CU token available for staking and liquidity provision. A game reboot on XAI is scheduled for June 2024, preceded by the temporary suspension of Shadowcorn contracts for asset bridging.
Laguna Games' Crypto Unicorns Embarks on Migration to XAI Blockchain
Laguna Games, the developer behind the popular blockchain-based game Crypto Unicorns, has commenced the migration process to the Arbitrum-based L3 XAI blockchain.
The migration began with the successful conversion of the RBW token to the new CU token, which operates on a 10-to-1 ratio. CU holders have the option to stake their tokens for 12 months at an estimated annual percentage rate (APR) of 28%. Alternatively, they can provide liquidity by staking the CU-ETH pair, yielding an impressive APR of 163%.
This liquidity pool is further incentivized with GRAIL tokens, the native token of the decentralized exchange used for liquidity staking. Additionally, the top performers on a points-based leaderboard will receive bonus rewards in XAI and CU tokens.
The game itself is undergoing a reboot scheduled for June 2024 in conjunction with the blockchain migration. To prepare for this transition, the Shadowcorn contracts have been temporarily suspended, as all assets must be transferred to the XAI network for gameplay.
Crypto Unicorns has steadily expanded since its initial launch in early 2022, introducing features such as jousting, shadowcorns, and the separate titles Rainbow Rumble and Unicorn Party. The latter serves as a hub for casual real-time multiplayer and mobile-first games, including Bumpercorns and Mob Run.
In a 2023 interview with BlockchainGamer, Laguna Games CEO Aron Beierschmitt elaborated on the game's ambitious expansion plans.
"At Laguna Games, we strongly believe in the power of blockchain technology to revolutionize the gaming industry," said Beierschmitt. "By migrating Crypto Unicorns to XAI, we aim to provide players with a seamless, cost-effective, and highly immersive gaming experience."
Players interested in staying abreast of the migration progress can follow Crypto Unicorns' X account, while further information about the game is available on its official website.