Summary
Hytopia, a Minecraft-like game, raised millions through a node sale for its Ethereum layer-2 network, Hychain. The closed beta test is set to roll out this month, with 250 million TOPIA tokens being distributed to node operators. The game, previously known as NFT Worlds, garnered 1.25 million pre-registrations and aims to attract other game developers with Hychain.
Key Points
1. Hytopia, a Minecraft-like sandbox game previously known as NFT Worlds, is set to roll out a closed beta test this month after raising millions of dollars through a node sale for its Ethereum layer-2 network, Hychain.
2. The Hychain sale raised 2,098 ETH in March, or more than $8 million worth at the time, as users purchased nodes that help secure the Arbitrum-based gaming network and also allow them to earn TOPIA tokens in the process.
3. In total, 250 million TOPIA—about $17.5 million worth at present—will be doled out to node operators, along with a 25% share of transaction fees. The Hychain nodes went live on Tuesday following last month’s sale.