One 12 months on following the revealing of Sugartown, venture leads Matt Wolf and Tommy Ngo have introduced D20 Labs.
Notably the brand new entity has acquired “all merchandise and property beneath Sugartown from Zynga”, with Wolf, who was Zynga’s head of blockchain, changing into D20’s new CEO. As per the announcement, D20 says it’s now “full steam forward to create the way forward for rewarded play”.
As a result of lack of exercise surrounding Sugartown for many of 2024, the acquisition information is sensible. Studying between the strains, the venture has probably been stalled by Zynga or its final proprietor Take Two, holding the creators of Sugartown again.
As an illustration, the brand new advertising and marketing lead at D20, known as Camol on X, commented, “We actually acquired the product we made inside one of many greatest video games firms on the earth and introduced it impartial so we’re capable of function on the stage web3 requires”.
A day after the information, Sugartown additionally introduced its chapter 1 kickoff.
The reception from the neighborhood has been torn. Though some are welcoming the information, others are calling the venture “grossly marketed as all hype and no substance”. Crypto degen Grail says “With out Zynga, what are you precisely? You’ve constructed nothing lasting right here outdoors of the Zynga narrative”.
One other outspoken web3 fanatic on X Jonah asking “Is the massive announcement that Zynga divested? Isn’t that why folks preferred sugartown?”
In September 2023, Sugartown minted its first NFTs. The 9,999-strong Ora assortment acted as entry passes into the sport, whereas additionally enabling holders to stake them to generate the power required to play the Sugartown mini-games.
Particulars are nonetheless sparse however for more information try the D20 Labs web site and X channel, together with an X house to be held on Wednesday third September at 15:30 EST.