Gala Games’ GRIT Is in Development Hell While This New Crypto Game Goes Viral – What’s Going On?

cryptonews.com:

The Web3 gaming sector has seen tremendous growth in recent years, accounting for almost half of all blockchain transactions in 2022. 

One of its notable growth basics is the gaming sector, surging past other sectors such as non-fungible tokens (NFTs) and decentralized finance (DeFi). 

This has led to the permeation of several gaming projects in the Web3 industry, such as Grit by Gala Games Corporation.

However, the once trailblazing Web3-based gaming project's growth has been hampered by a cyber hack that resulted in a $2 billion loss of its native token, $GALA, in 2022. 

Since then, the platform has experienced a recurring downtrend, resulting in a steep decline in popularity and userbase. 

The recent activity has resulted in several revolutionary games vying to be a credible alternative to Grit. One such is RobotEra. 

This cutting-edge project asserts to provide members with a multiverse where they can buy lands, build infrastructures, interact with community members, and earn crypto rewards. 

Now on presale, the gaming sensation token, $TARO, is garnering red-hot traction from global investors as it is tipped to be the hottest crypto project in 2023. 

On November 4, 2022, the PeckShield blockchain security body discovered that a single address held more than $2 billion worth of $GALA tokens on the PancakeSwap decentralized exchange. 

This created high levels of uncertainty, interpreted as a sign of rugpull or exploitation by the gaming platform development team. 

However, this wasn't the case. The $2 billion tokens hack was caused by a multi-chain network that was used to provide infrastructure support for Gala Games and other decentralized finance (DeFi) platforms backed by the organization. 

Specifically, a network was