We shouldn't forget the power of web3 gaming, which has been overshadowed by BTC spot ETFs.
![We shouldn't forget the power of web3 gaming, which has been overshadowed by BTC spot ETFs.](/content/images/size/w1200/2024/01/mixmob-tge.png)
Solana-based P2E game MixMob will launch its own token MXM on February 1, according to DeCrypt. The airdrop volume is set at 63 million tokens. Previously, MixMob released the MXM tokenomics, stating that "the total supply of MXM is 1 billion, distributed as follows: 30% to investors, 20% to team, 20% to treasury, 5% to ecosystem fund, 15% to incentive program, 4% to liquidity and 6% to public sale."
![blockchain cryptocurrency web3 game token (spotedCrypto)](https://www.spotedcrypto.com/content/images/2024/01/GCmLjJ7WMAAHrpJ.jpeg)
Also, Web3 social game developer Forgotten Playland announced on its official blog that it has raised $7 million in funding from Spartan Group, Merritt Circle, C2 Ventures, and Paper Ventures. Forgotten Playland will use the funds for game development.