Cellular writer Zynga has wiped its palms of its web3 sport, Sugartown. Over the weekend, it revealed it offered “all merchandise and property” of the title to web3 developer D20 Labs.
Zynga first revealed Sugartown final 12 months, becoming a member of a number of studios on the time (like Sega and Sq. Enix) in adopting web3 and blockchain for video games. The developer was the primary main cell studio to make a web3 sport, and pitched it as a future chief in “belief, transparency and accessibility” for the style.
D20 to take over Sugartown
As famous by D20’s advertising and marketing lead, the studio is made up solely of Zynga’s former web3 crew which made Sugartown to start with. Its leaders, Matt Wolf and Tommy Ngo, respectively served because the division’s VP and common supervisor.
In its assertion, D20 defined the hand-off was months within the making, and it intends to proceed the outdated web3 crew’s plan of “creating the way forward for rewarded play.”
“That is an historic second,” it wrote. “We’re excited to discover a world of limitless prospects.”
It is unclear what spurred Zynga to dump Sugartown and its web3 division, or if it nonetheless has any web3 curiosity in any respect. Many studios who beforehand put their again behind the know-how have since cooled on it, although Sega reportedly nonetheless has some curiosity in it.
