Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

A Hong Kong-based company has made a highly anticipated move regarding Ripple (XRP)! It also concerns Ethereum and Solana!

12/12/2025

Institutions Scoop Up 9,000 Ether, Fueling Bullish Signals

12/12/2025

Stablecoin Reduction and Quiet Order Books Put Crypto Liquidity on Edge

12/12/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Institutions Scoop Up 9,000 Ether, Fueling Bullish Signals

    12/12/2025

    Ethereum Smashes Resistance—Bitcoin Left Behind as Momentum Flips Bullish

    12/12/2025

    ETH whales scoop 934k tokens in 3 weeks while small holders dump supply

    12/12/2025

    Is Ethereum Price Headed Toward $3,700 Next? One Metric Hints at a Longer Wait

    12/12/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    The Crypto Community United as One: Incredible Solidarity for Ufuk

    10/12/2025

    NFT Market Faces Steepest Decline as Sales Plummet to Year’s Low

    10/12/2025

    November Might Have Killed NFTs For Good

    10/12/2025

    NFT trading volume slows to $320M in November, as market cap falls to $3.06B from January’s $9.2B

    09/12/2025

    A Hong Kong-based company has made a highly anticipated move regarding Ripple (XRP)! It also concerns Ethereum and Solana!

    12/12/2025

    Institutions Scoop Up 9,000 Ether, Fueling Bullish Signals

    12/12/2025

    Stablecoin Reduction and Quiet Order Books Put Crypto Liquidity on Edge

    12/12/2025

    Is Crypto a Security? Part II: Utility Tokens

    12/12/2025
  • Blockchain

    Google DeepMind’s New AI Agent Learns, Adapts and Plays Games Like a Human

    12/12/2025

    Cardano Founder Says Crypto’s Quantum Threat Is Overhyped

    12/12/2025

    StableChain launches mainnet with USDT gas fees, dedicated governance token

    12/12/2025

    New DePIN protocol rolls out ZK-proof processing marketplace

    12/12/2025

    Cwallet Integrates Kava to Expand Global Web3 Access and Strengthen Cross-Chain Financial Services

    12/12/2025
  • DeFi

    A Hong Kong-based company has made a highly anticipated move regarding Ripple (XRP)! It also concerns Ethereum and Solana!

    12/12/2025

    Solana Lending Markets Surge as Network Positions for Trillion-Dollar DeFi Future: Redstone

    12/12/2025

    HyENA Volume Crosses $50 Million in First 48 Hours

    12/12/2025

    Nomis Taps iFLUX Global to Advance Cost-Effective DeFi

    12/12/2025

    Jupiter’s Acquisition of RainFi P2P Lending Protocol Transforms Solana DeFi

    11/12/2025
  • Metaverse

    Meta CEO Mark Zuckerberg Made a Decision That Will Deeply Affect Metaverse Projects! Here Are the Details

    05/12/2025

    Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg

    04/12/2025

    Cambridge Institute Joins InfblueNFT to Transform Digital Communication

    21/11/2025

    AGI Open Network Partners with MetaMars to Drive Marverse Economy

    15/11/2025

    Koda Nexus Opens in Otherside, Bored Ape Yacht Club Creator Debuts Social Hub

    13/11/2025
  • Regulation

    Stablecoin Reduction and Quiet Order Books Put Crypto Liquidity on Edge

    12/12/2025

    $30M Boost Transforms Crypto Hedge Fund Landscape

    12/12/2025

    6 Major Japanese Asset Managers Embrace Digital Assets

    12/12/2025

    Polymarket Seeks $12 Billion Valuation After Record-Breaking Month

    12/12/2025

    Kyrgyzstan issues gold-backed stablecoin USDKG on Tron

    12/12/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    How One Polymarket User Turned $3K into $125K With a Single Prediction

    12/12/2025

    Boros Integrates OKX for Wider Funding Rate Trading and Arbitrage Opportunities

    12/12/2025

    Binance Lists NIGHT Futures With 50x Leverage for Midnight Network Traders

    12/12/2025

    Coinbase’s Crucial MKR to SKY Token Migration Support in 2026

    12/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Web3 gaming shifts to sustainability as confidence returns: BGA

    12/12/2025

    MENA Emerges as Global Growth Engine for Blockchain Gaming, BGA 2025 Report Finds

    11/12/2025

    ChronoForge to shut down amid funding collapse and Web3 gaming turmoil

    11/12/2025

    Stablecoins break into top 3 growth drivers for Web3 gaming: BGA 2025 report

    10/12/2025

    A Once-in-82-Year Event Occurred in Bitcoin! It Snatched $290,000!

    12/12/2025

    Texas grid is heating up again, this time from AI, not Bitcoin miners

    12/12/2025

    Bitcoin miners face deep losses as hash price hits record low

    11/12/2025

    3 Crypto Mining Stocks That Can Rally Even As Bitcoin Price Falls

    09/12/2025

    Is Crypto a Security? Part II: Utility Tokens

    12/12/2025

    Crypto officially becomes a “third category” of property, fixing the fatal flaw in digital asset ownership.

    12/12/2025

    Philippines Flood Control Scandal Linked to Crypto Laundering Operations

    12/12/2025

    Macron Sounds Alarm on U.S. Crypto Deregulation

    12/12/2025

    A Hong Kong-based company has made a highly anticipated move regarding Ripple (XRP)! It also concerns Ethereum and Solana!

    12/12/2025

    Institutions Scoop Up 9,000 Ether, Fueling Bullish Signals

    12/12/2025

    Stablecoin Reduction and Quiet Order Books Put Crypto Liquidity on Edge

    12/12/2025

    Is Crypto a Security? Part II: Utility Tokens

    12/12/2025
  • MarketCap
NBTC News
Home»GameFi»Avalanche Shooter ‘Off the Grid’ Has a Thriving Black Market Ahead of On-Chain Trading
GameFi

Avalanche Shooter ‘Off the Grid’ Has a Thriving Black Market Ahead of On-Chain Trading

NBTCBy NBTC09/03/2025No Comments7 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Blockchain gaming is supposed to solve the problem of players creating “black markets” for digital items in traditional games, as trading tokenized, user-owned weapons and skins are a key part of open crypto economies.

But ahead of the launch of its Avalanche-based GUNZ L1 mainnet and the on-chain item trading and token that’ll come along with it, Off the Grid—one of crypto’s biggest games to date—has found itself in a very familiar “Web2” kind of situation.

The battle royale shooter has a bustling black market where players trade skins and GUN tokens for real money. This underground economy has spawned due the game currently not allowing players to trade their items freely on-chain, as its mainnet launch looms.

Avid skin collectors gather in clan Discord servers or trading-specific groups, spamming the chat with messages like “Want to buy GUN tokens with USD,” or offering to sell their rare skins in exchange for cash.

This kind of activity is strictly prohibited in the game’s terms of service, but for players aiming to secure some of the game’s best loot before on-chain trading is implemented, it’s apparently worth the risk.

Two of the game’s largest skin collecting whales, Money Magician and torToro, don’t engage with what’s called over-the-counter or OTC trading, because they believe the skins will be worth much more once the GUNZ mainnet launches and items can be freely traded on OpenSea. But they said they’ve received offers.

EACH KESTREL LEGACY IS GOING FOR $200 OTC

The OG sniper rifle was attainable only to those brave enough to enter Teardrop first pic.twitter.com/7dck06O0Vr

— MoneyMagician (@MoneyMagician22) March 2, 2025

“For my account, somebody offered $60,000 or something,” Money Magician told Decrypt. “Maybe it seems reasonable right now, but I still wouldn’t sell it—because I know where these NFTs are going.”

These whales own approximately 10,000 and 19,000 NFT items each, both starting their collecting through Off the Grid’s predecessor, a compact mobile experience called Technocore. The pair were then invited to the game’s closed testing period under strict non-disclosure agreement, during which the game’s rarest items to date were released.

During this testing period, players that bought the monthly OTG Pro subscription for $10 were handed the Pioneer content pack as thanks. This came with eight NFT items, and it is believed by the community that only 550 of each were minted at the time.

Thought to be even rarer, however, is the Convict gear and Zippermouth Mask that were available to extract via hexes for a short period of time. The community believes that these are the rarest items in the game, with only 300 of each ever minted. That’s not to mention the possible increased rarity of an item based on its serial number.

There were also guns with modified stats or alternate attachments that were discontinued, which have since been rebranded to “Legacy” and “Retro” skins of stock guns that remain in the game.

Those that own items released during the closed play test are hopeful they will never return to the game, but Theodore Agranat—director of Web3 for developer Gunzilla Games—said that isn’t the case, at least for one of the rare items.

He told Decrypt that the studio “reserves the right” to release items that were never “officially released,” which is defined by it being added to the battle pass, as a monthly content pack, or as part of a special campaign. Agranat said that the Convict gear will “absolutely” be officially released in the future.

Left: Convict chest rig and pants. Right: Pioneer set. Image: torToro

On top of this, Agranat confirmed that Gunzilla Games is working on a more comprehensive numbering system to help validate the amount of items minted. The studio is also implementing a system to display which items are exclusive and which are not.

Off the Grid is currently running on a testnet of GUNZ, the dedicated Avalanche L1 gaming network, meaning that items can be traded on its marketplace using its in-game GUN token. However, items and tokens cannot yet be sold on third-party marketplaces or exchanged for other currencies.

As a result, some players are turning to the black market out of necessity to fulfill their collecting dreams. An avid Off the Grid player simply known as H claims to have bought the Pioneer, Prankster, and Anarchist sets for $3,000, so that he can gift the Pioneer set to his son (who also plays the game) once mainnet hits.

Gamer Henryk Ptasznik shared evidence with Decrypt of an almost $1,500 Solana payment he received, which he claimed was in exchange for his full Pioneer set. He told Decrypt that he did this because he already had enough GUN tokens, and wanted to cash in some of his inventory before mainnet launch, as he fears the uncertainty it may bring.

I have received intel that the first and rarest OG OTG Pro pack has sold for $1500 OTC pic.twitter.com/VaW2O9nm4f

— meatport (@meatportmusic) February 26, 2025

Most traders, however, are looking to grow their inventory before mainnet, as they believe there will be an immediate price jump—and an even larger increase once a bigger audience starts playing the game and engaging with its on-chain features.

“I believe in the future of Off the Grid. It could be the next Apex [Legends] or Fortnite,” Cpt. Jaxie, a gamer that claims 40% of his crypto portfolio is in Off the Grid NFTs, told Decrypt. “My total investment into Off the Grid is around $4,500, I’ve already turned a profit. I’m around $2,000 in profit.”

“It’s a long-term hold for me,” he added. “One year or more and [it will] 10x in price.”

With so much demand for a black market, many of the biggest Off the Grid clans—such as Flaw Gaming—have dedicated trading Discord channels. In these chats, players look to sell bundles of 1,000 GUN tokens for anywhere between $4 to $10 in an unofficial form of pre-market trading, as well as shift unwanted skins or even sell off their accounts. Other times, buyers will directly approach those holding an item they want, without the need for advertising.

When trading a specific item or set, the two parties enter a dance of risk and trust. After agreeing on a price, one party must list an item on the in-game marketplace for the other to purchase using GUN—which is often sent back to the buyer. Then the buyer must send the agreed-upon amount, usually via crypto, but there are obvious risks here as they could ghost the seller at any time. If there are multiple items to trade, then it may be done in multiple transactions.

Trust risks aside, there are also potential hazards with listing items on the marketplace at all, as a sniper bot could purchase it—especially if it is an ultra-rare item not already on the marketplace. But some traders still persist amid these hurdles.

“I like to have multiples of everything in the market, so I can sell some on mainnet and keep some for myself and my sons,” H told Decrypt. “You can call it a bit of an addiction.”

Previously, Gunzilla Games told Decrypt that it was aiming for a Q1 2025 mainnet launch, which would fully enable trading and eliminate the need for a black market. With only about three weeks left until that deadline, Agranat confirmed to Decrypt that this is still the plan.

Until then, the black market continues to thrive as community members show clear signs that they’re hungry to trade their skins. If Gunzilla Games can’t offer this yet, then much like in Web2 games, players will continue to find ways to trade.

Edited by Andrew Hayward


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Web3 gaming shifts to sustainability as confidence returns: BGA

12/12/2025

MENA Emerges as Global Growth Engine for Blockchain Gaming, BGA 2025 Report Finds

11/12/2025

ChronoForge to shut down amid funding collapse and Web3 gaming turmoil

11/12/2025

Stablecoins break into top 3 growth drivers for Web3 gaming: BGA 2025 report

10/12/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

A Hong Kong-based company has made a highly anticipated move regarding Ripple (XRP)! It also concerns Ethereum and Solana!

12/12/2025

Institutions Scoop Up 9,000 Ether, Fueling Bullish Signals

12/12/2025

Stablecoin Reduction and Quiet Order Books Put Crypto Liquidity on Edge

12/12/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.