Sugarverse,having sex with own brother video leak the play-to-earn gaming project that builds the Sweetest Metaverse of Them All (token symbol: $CNDY), entered into a joint venture with XS Software.
XS Software is a European mobile game developer and publisher who was among the pioneers of browser-based gaming, to rebuild the faulty Play-to-Earn economy that cracked the foundation of major blockchain games and bring sustainability.
The Sugarverse’s co-founders Nikolay Mitev (CEO) and Philip Balkanski (COO) have invested in many metaverse projects. Diving into projects, they saw the repeated economic sustainability issues.
Even the industry’s top projects have them. For instance, the Play-to-Earn Axie Infinity and Move-to-Earn STEPN cannot justify to their players the need to buy more NFTs to let the old players cash out.