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GameFi News: FIFA NFTs Flagged, Sorare Migrates to Solana

GameFi News: FIFA NFTs Flagged, Sorare Migrates to Solana

 

 

 

 

It has been another topsy-turvy week, with Bitcoin retreating to $121,600 amid an increase in profit-taking from degens. Is this the end of the Uptober sentiment, or a healthy pause after crypto ETF inflows topped $5 billion in seven days, beating all of September?
 
 
 
 
 
The ongoing market correction has hit top gaming tokens very hard, with the majority of them recording modest losses, while popular game Seraph got nailed with a crazy 70% price drop. However, there are some outliers, as Undead Games (UDS) ripped 95%, and last cycle’s Vulcan Forge saw over 11x returns.
 
 
 
Price action is only one variable of the equation. Here’s what went down in GameFi this week.
 

EverQuest creator John Smedley is back with Reaper Actual, a skill-based shooter on Tezos now in alpha. Players can trade bases and gear like real assets, blending classic FPS action with a taste of true digital ownership.

 
 
 

Sorare is moving 5 million players to Solana, marking one of Web3’s biggest migrations. Every card becomes a Solana NFT, tradable across marketplaces and storable in the Phantom wallet.

 

The move taps Solana’s speed and scale to power the next era of fantasy sports.

 
 
 

Football.Fun is launching its $FUN token with a Q4 airdrop that rewards every in-game move. The token fuels the wider Sport dot Fun ecosystem, offering players lower fees, exclusive bonuses, and rewards from future game revenues.

 
 

 

 

 

GameFi Sector Review

 

The market cap of the GameFi sector slid 3% to $17.5 billion as investors de-risked after the recent rally that saw BNB clock a fresh high above $1,300. Trading volume climbed 23% to $3 billion.
 
 
 
 
Source: CoinMarketCap

 

 

The Altcoin Season Index dropped from 66 to 46, putting the altcoin season on hold—for now!

 

 
 
Source: CoinMarketCap

 

 

 

Top Gainers

 

 

 

Top Decliners

 
 
Source: CoinMarketCap

The GameFi sector closed the week in 11th position on DeFiLlama’s narrative tracker.

 
 
Source: DeFiLlama

 

 

 

Web3 Gaming News This Week

 

FIFA NFTs Under Review

 

Switzerland’s gambling watchdog is probing FIFA’s “Right to Buy” World Cup NFTs to see if they cross into gambling territory. No violations yet, but the spotlight is on how far blockchain collectibles can go in sports.
 
 
 

 

 

 

Unity Seals the Leak

 

Unity has patched a bug that let rogue code run in Android games, a flaw that could have exposed crypto users. The fix closes the door on potential exploits and keeps mobile GameFi players—and their funds—SAFU.
 
 
 

Grok Levels Up

 

Elon Musk’s xAI is hiring a “video games tutor” to teach its chatbot Grok how to build and critique games. Musk says the goal is bold: a fully AI-generated game by next year.
 
 

 

 

What You Can Do Now

 

  • Follow Football.Fun to learn how to qualify for the upcoming FUN token airdrop.
  • Set your stop-loss orders now if you're holding Web3 gaming tokens.
  • Watch spot crypto ETFs for early signals on market moves.
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