![]() As mentioned earlier, a lot of P2E tokens surged considerably in the past few days, following Facebook’s announcement. It’s completely possible that people rushed into the project because of its theme.Īnother reason, though, is that it comes with a play-to-earn concept. Its Twitter account was also created in October, pointing towards the fact that it’s a fresh project with a token launched on the Binance Smart Chain.Īt the same time, the Squid Game – the Netflix show – continues to boom in popularity and is constantly on the trending lists. In fact, it was listed on CoinMarketCap on October 26th – five days ago. Squid Game – the crypto project – came to life relatively soon. ![]() Let’s start with the most obvious reason. There’s a number of factors that need to be accounted for here. Why Did SQUID Surge 110,000% In a Few Days? The entire platform is underpinned by the SQUID token, which is running on the Binance Smart Chain. There’s also a hub for staking certain products and earn rewards.Īt a first glance, it appears to attempt to offer a little bit of everything, which could be considered as a red flag if we follow the “a jack of all trades but a master of none” saying. There’s an NFT marketplace where users are able to buy various non-fungible tokens based on different characters and objects from the series. There will be six games, each one of which mimics the games that were played in the Netflix show. Winners of the previous round will be eligible for the next level. Each game has a different entry fee – for instance, the first one requires 456 SQUID, the second one – 1,000 SQUID, and so forth. Just as in the show, 456 people will be selected through a lottery of all SQUID token holders, and it will be a winner-takes-all scenario where the winning person will get all the rewards. The game itself is under development, but there are some details that are revealed already. It’s apparently intended to be an ecosystem, as there are a whole bunch of things offered to the market, some of which are still under development. ![]() Reports from earlier this month indicated that the show was watched by over 130 million people, and it was expected to create more than $900 million in value for the company.Ĭircling back to crypto, though, it didn’t take long for a team of developers to take advantage of the growing hype and to create a crypto-based project centered around the show. Without spoiling any more of the plot, the show gained massive traction throughout the entire world. And by eliminated, we mean literally eliminated, as in killed. The only catch is – if you lose, you’re eliminated. ![]() They are offered to play six different children’s games (such as Tug O’ War, Dalgona Candy, Red Light, Green Light, and, of course – Squid Game – a popular Korean game for children), and those who manage to win all six get an astronomic cash reward. In the show, 456 people from South Korea, each one of which, with their own hurdles, mostly financial, are chosen to take part in a challenge. In a matter of weeks, the show became a hot topic of discussion amongst film aficionados, mainly thanks to its plot. First things first, Squid Game is a new show that aired on Netflix and burst in popularity throughout the entire world. Poly Bridge Tropical Paradise 7-3 Plough Ahead. Poly Bridge Tropical Paradise 7-2 Three Boats One Stone. Poly Bridge Zen Gardens 6-14 Criss Cross Chaos April 2017. Poly Bridge Zen Gardens 6-13 Six Pack April 2017. Poly Bridge 80s Fun Land 5-15 Collision Course. Poly Bridge Fun Land 5-10 24m Double Drawbridge. Poly Bridge Fun Land 5-7 14m Double Jump. Poly Bridge 80s Fun Land 5-5 Low Budget Overpass. Poly Bridge Ancient Ruins 4-9 Falling Tower. Poly Bridge Ancient Ruins 4-7 Fork Jump April 2017.
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