New York Times Talks Crypto Bubble But Everyone Remembers Wolf Game

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Last Updated on 29 January 2022 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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Member of GenZ or the iGen grew up with Farmville, Fortnite and Minecraft. As companies are eager to earn a few bucks from future players, they are throwing in some money into the Metaverse and want to combine gaming with crypto, either through the collection of NFTs or the earning of interest (or yield) on any acquired assets in the game.

A new kid on the block is Wolf Game, where players can buy sheep from the shepherd, store the sheep in a farm and then earn money by growing wool. In other words, it is like a 1980s man would go into a physical bank, buy a bond, keep it in his closet for three years, take it back to the bank and collect the interest. It is like that but then for the 2022 generation.

Other games like this have already popped up, but none of them made it to the technology pages of the New York Times this week, which can create a massive amount of interest for it, given that the Times’ articles are copied, translated and redistributed around the world.

In a story that was supposed to be about the possible bubble of crypto, the one thing that everyone remembered was $Wool, the cryptocurrency you can earn by playing Wolf Game.

Advertentie.

In the farm with the shepherd

Graham Friedman is one of the players. He invested $20,000 to buy one wolf and one sheep (well NFTs of a wolf and a sheep of course) and then put them in the farm with the shepherd.

He explained to the Times:

I’m like, dude, the narrative is so cool. Getting in there when it looked sort of damaged and reputationally unsure turned out to be very smart.

Graham bought just after the game had gotten hacked, and many players had just left. $Wool crashed, but has since rebounded. Graham was able to buy the dip allowing him to triple his investment in the past few months. Whereas the New York Times tried to warn everyone of a possible crypto bubble, readers remembered how cool this game sounded. Social Media searches for wolf game have since exploded in the New York area.