Chicken Derby Seek New Ownership and Funding Opportunity

The developers of Chicken Derby have recently announced that they are exploring the possibility of selling the game.

The decision comes as they seek new funding or a potential buyer to continue its development. Early discussions are underway, but the process may take some time before any concrete decisions are made.

According to a recent update shared on the official Discord server, the team is in the initial stages of talks with multiple interested parties. Whilst the game remains operational, it has been placed in maintenance mode as the team continues to cover operating costs and address critical issues.

What is Chicken Derby?

Launched in 2021, Chicken Derby is a blockchain-based game on the Polygon network.

Players own unique chicken NFTs, each with distinct traits and abilities, which they can breed, trade, and race. The game features various race types influenced by factors like terrain, track length, and a chicken’s hidden attributes, making each race dynamic and unpredictable.

The game has garnered significant attention since its launch, with over 100,000 races conducted and more than $1.5 million in wagers placed. The initial NFT collection sold out quickly, raising over $1.5 million, and the game has since generated more than $10 million in trading volume.

The game uses a dual-token economy with $BAWK and $JEWELS tokens. $BAWK is earned through staking in Chicken Racing Companies (CRC) and by staking chickens, whilst $JEWELS are required for race entries and can be purchased with $USDC. Both tokens play key roles in the game’s economy, offering players multiple ways to participate and earn rewards.

What this means for the future of the game?

The potential sale of Chicken Derby raises questions about the future of the game.

Whilst the development team has assured players that the game will continue to operate during the transition, the long-term impact of new ownership remains uncertain.

The community is concerned about possible changes that could affect gameplay, tokenomics, or overall player experience. On the other hand, new ownership could bring fresh investment and resources that may support further development and growth.