Wildcard’s web3 meta layer Hundreds is closing down

One of the crucial formidable web3 gaming infrastructure initiatives is closing down. Hundreds was designed because the streaming and group layer for Playful Studio’s PC MOBA Wildcard, and probably different video games too.

But regardless of some spectacular metrics in early testing, Playful has introduced that it’s sunsetting the whole venture, which additionally consists of Wildcard Premiere League, which might have been the sport’s meta layer, together with franchise choices.

Which means that Hundreds’ present USDC treasury shall be airdropped to WPL’s franchise homeowners on a professional rata foundation allotted by way of property held and platform exercise. The remaining WC tokens held can even be burned. WC was a token initially airdropped to early gamers and NFT holders that could possibly be used to purchase WPL property. In fact, the proposed THOU token won't now be launched.

In an announcement on X, Hundreds commented

“Regardless that there may be not a sustainable path ahead for the community, the Hundreds protocol ran. Exhibitions introduced real-time spectator engagement to aggressive play. Match gamers claimed prizes. Meta Oracle delivered stay details about options, steadiness, and the meta to builders and distributed participant rewards. WPL went stay, rosters had been constructed, franchises had been managed, and eligible managers obtained USDC on-chain over a number of Epochs.”

Hundreds will stay on-line till seventh Might for the ultimate distribution of prizes, which require KYC companies.

Apparently, nevertheless, it seems that Wildcard, because the underlying web2 sport, will proceed in some kind, with an official group Discord submit stating “the Wildcard IP, Champions, Summons, sport techniques and mechanics stay as a strong basis for no matter comes subsequent”.

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