Breaking

$500K Crypto Gaming Recovery Fund Launches to Help Players of Failed Web3 Games

In response to the growing number of Web3 gaming project failures, Splinterlands, in collaboration with the SPSDAO, is launching a groundbreaking Crypto Gaming Recovery Fund initiative. This long-term effort aims to support players who have been financially and emotionally impacted by the collapse of blockchain-based games.

The initial funding commitments by Splinterlands and the community DAO are in excess of $500,000 at today’s prices, and have the potential to be significantly higher over the seven year life of the program. With over seven years of consistent delivery, community trust, and economic innovation, Splinterlands is taking a leadership role in restoring faith in the GameFi ecosystem.


Restoring Trust and Opportunity in Web3 Gaming

The Crypto Gaming Recovery Fund is a structured, transparent, and community-powered program designed to deliver meaningful relief and engagement opportunities to players affected by the shutdown of various crypto games. It also offers a stable on-ramp into the Splinterlands ecosystem—one of the longest-running, most-played blockchain games in the world.

Core Objectives:

  • Provide long-term relief to players from failed Web3 games
  • Offer fair, verified redemption through Claim Tokens
  • Deliver both financial value and renewed gameplay opportunities


Community Funding and Incentives

The Recovery Fund will be seeded by:

  • Splinterlands, SPL Community, and SPL Partner donations
  • SPS DAO contributions
  • Voluntary earnings contributions from existing players

Why This Matters

This initiative is more than just financial relief—it’s about community restoration and setting a higher standard for the future of Crypto Gaming. By integrating compensation with active participation, Splinterlands is offering displaced players not just recovery, but renewed purpose.

“This is a turning point for how we respond to failure in our industry,” said Dave McCoy, Chief Operating Officer at Splinterlands. “The Recovery Fund is about rebuilding—not just trust, but opportunity. And we’re proud to lead that charge.”


About Splinterlands

Splinterlands is a trailblazing blockchain game launched in 2018. Known for its strategic gameplay, decentralized ownership, and active community, it remains one of the most-played Web3 games in the world with over 4 Billion matches played. The game is governed by the SPSDAO, a decentralized autonomous organization dedicated to long-term, community-driven development.

Media Contact
Dave Mccoy
Emailblaze@splinterlands.com


Disclaimer

This press release contains forward-looking statements regarding the Splinterlands and Crypto Gaming Recovery Fund. For more information, visit splinterlands.com/cgrf

Joseph Wilson

Joseph Wilson is a veteran journalist with a keen interest in covering the dynamic worlds of technology, business, and entrepreneurship.

Recent Posts

Private Equity Investor Zed Monopoly Makes Major Move into Bitcoin Stocks, Signaling Bold Conviction in Next 3 Years of Market Growth

Dubai, UAE – October 2, 2025 – Private equity investor and influential public figure Zed…

17 minutes ago

Young Mayden Legal Search Recognized for Recruiting Excellence

The Recruiter Spotlight on Young Mayden is part of the Legal Recruiter Directory’s new series…

16 hours ago

Indra Energy Customers Fuel Reforestation and Community Empowerment in Senegal

Senegal's Green Future: Indra Energy Customers Fuel Vital Ecosystem Restoration Following the successful launch of…

16 hours ago

Dr. Aiman Hanna Integrates BassiliChat into Computer Science and Engineering Courses

Canada’s BassiliChat AI joins university courses with Dr. Aiman Hanna, letting students compare ChatGPT, Claude,…

16 hours ago

3DRBI Announces 3D Remote Building Inspection Project with Southern First Nations Secretariat (SFNS)

First Nation communities may struggle to find qualified home inspectors, and this challenge is exacerbated…

16 hours ago

PostGrid Named the Fastest Growing Technology Company by The Globe and Mail

Ranked #1 in Technology and #2 Overall Among the Nation’s Fastest Growing Businesses PostGrid, the…

17 hours ago

This website uses cookies.