Oxalis Games Stock Surges 20% on Open Loot Alliance for Moonfrost

Oxalis Games, a small independent studio, has announced a strategic alliance with Open Loot, a leading Web3 gaming platform. This collaboration aims to enhance Oxalis Games' main game, Moonfrost, which has already garnered industry attention and won the "Best Art Direction" award in 2024. Moonfrost is a free-to-play, shared world, farm-life sim RPG that offers immersive gameplay and a distinctive graphical style. The game emphasizes player-driven economy, decentralization, and genuine ownership of in-game assets, all bolstered by optional and significant Web3 technology.

Moonfrost has been developed by Oxalis Games, a studio known for its inventiveness and outstanding design. The game has generated over 50,000 organic sign-ups without any marketing investment and is currently in the top 20 most-wanted games on Epic Games. This remarkable growth is a testament to the game's focus on the community. Moonfrost broke industry conventions by compensating only players, not influencers or paid shills, through a post-playtest mint for its original NFT, known as the FROST-Hunter License. This open and player-centered approach has fostered an active community of super fans who actively participate in the game's development and help define Moonfrost through their suggestions and feedback. Players are now essential to the process because Oxalis Games has accepted them as co-developers.

Open Loot, one of the top Web3 gaming platforms, makes blockchain gaming easy to use and accessible. With a user-friendly marketplace, 1.5 million registered players, and a strong infrastructure that accepts both fiat and cryptocurrency purchases, Open Loot allows studios to include Web3 features easily. The platform has facilitated over $400 million in trading volume and over $170 million in revenue. Big Time, a highly effective Web3 RPG, has been successfully launched alongside other excellent games like World Shards. Open Loot is the top choice for developers who connect traditional and Web3 gaming because of its integrated custody, risk management, KYC/AML compliance, and player-friendly onboarding.

By creating top-notch games for traditional and web3 audiences, Open Loot and Oxalis Games hope to increase the number of players engaging with web3 gaming. The collaboration between Oxalis Games and Open Loot is set to revolutionize the gaming industry by integrating blockchain technology into traditional gaming experiences. This partnership will