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

Bullbit and MixMax Partner to Boost DeFi Liquidity and Trading Efficiency

26/05/2026

Kalshi Secures Additional $200M From New Investors, Signaling Prediction Market Growth

26/05/2026

Charles Hoskinson warns Cardano could lose its scientists

26/05/2026
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

    Beeple Drops Wild 2140 Michael Saylor Art

    26/05/2026

    MARA Holdings Spends $4.3 Million on Executive Security, Including Bulletproof Vehicles

    26/05/2026

    Bitcoin’s Volatility Drops to Lowest Level Since October! What Does This Mean? Here Are the Details

    26/05/2026

    10,000 BTC Deal That Made Crypto History in Spotlight

    26/05/2026

    What is The ETH Validator Queue?

    26/05/2026

    Several Factors Point to a Bearish Breakdown

    25/05/2026

    K3 Capital-linked address withdraws $16.8M in ETH from Binance, on-chain data shows

    25/05/2026

    Ethereum Pullback Deepens, But Key Structure Still Signals Bullish Hope

    25/05/2026

    Charles Hoskinson warns Cardano could lose its scientists

    26/05/2026

    President Trump to sign executive order creating vetting system for AI models before public release

    26/05/2026

    Ripple-Owned GTreasury Earns Certified Partner Badge on SWIFT’s Business Solutions Directory

    26/05/2026

    Galaxy Digital-linked Address Acquires $8.8M in HYPE Tokens, On-Chain Data Shows

    26/05/2026

    Pudgy Penguins Deepens Ties With Manchester City in Expanded Partnership

    20/05/2026

    We’re building one app for NFTs, meme coins, perps, and major cryptos

    20/05/2026

    Courtyard, ATMC BRC-20 NFTs, X@AGI BRC-20 NFTs, CryptoPunks Dominate Collectible Market

    18/05/2026

    OpenSea CMO sees tokenized Pokémon cards, Rolexes and tickets driving next NFT wave

    16/05/2026

    Bullbit and MixMax Partner to Boost DeFi Liquidity and Trading Efficiency

    26/05/2026

    Kalshi Secures Additional $200M From New Investors, Signaling Prediction Market Growth

    26/05/2026

    Charles Hoskinson warns Cardano could lose its scientists

    26/05/2026

    Ripple CLO Alderoty Breaks Down What Clarity Act Really Means for US Market

    26/05/2026
  • Blockchain

    VAYLA Taps Token Terminal to Build Institutional-Grade Web3 Data Rails

    26/05/2026

    65% of Agentic AI Payments Already Running on Solana

    26/05/2026

    Sui Executive Says Crypto’s Gas Fee Model Is Broken — And Outlines a Different Future

    26/05/2026

    Cobo Partners Pieverse to Bring Secure Agentic Wallets to Messaging Apps

    24/05/2026

    BNB Chain Launches BNBAgent SDK on BSC Mainnet to Power AI Agent Infrastructure

    24/05/2026
  • DeFi

    Bullbit and MixMax Partner to Boost DeFi Liquidity and Trading Efficiency

    26/05/2026

    Aave DAO Faces Vote on Native BTC Collateral as Babylon Labs Files Temp Check

    26/05/2026

    KelpDAO says rsETH recovery completed as backing returns above 100%

    26/05/2026

    SolsticeFi Launches SLX Token On BitMart’s Crypto Exchange, Bringing DeFi Yields To Global Crypto Market

    26/05/2026

    Whale Who Spent $62M on Uniswap and Compound Tokens Is Now Selling at a $39.7M Loss

    26/05/2026
  • Metaverse

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026

    Planet Hares Partners With Magne.AI To Bridge Web3 Metaverse With Smartphone Mobile-Ready Applications For Mass Adoption

    08/04/2026

    Mark Zuckerberg’s Meta launches new AI initiative after metaverse retreat

    25/03/2026

    Meta partners with Arm to develop new CPUs for AI deployments

    24/03/2026
  • Regulation

    Kalshi Secures Additional $200M From New Investors, Signaling Prediction Market Growth

    26/05/2026

    Mastercard acquires stablecoin startup BVNK for $1.8 billion, targets global remittance overhaul

    26/05/2026

    BlockBooster Launches $50 Million Venture Fund for Web3 and AI Infrastructure

    26/05/2026

    Dunamu Shareholder Restructuring Clears Path for Naver Financial Merger

    26/05/2026

    Stablecoins retain the edge over tokenized money market funds, JPMorgan says

    26/05/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Kraken parent Payward’s Q1 revenue climbs despite crypto market slump

    26/05/2026

    Bitcoin Exchange Binance Announces New Listing on its Futures Platform! Here Are the Details

    26/05/2026

    Hyperliquid whales sit on $4.039b in near‑perfectly balanced long–short book

    26/05/2026

    Revolut physical crypto card brings crypto spending to everyday checkout

    26/05/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    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

    YOM Joins the Blockchain Game Alliance Alongside Ubisoft and Animoca Brands

    24/05/2026

    FishWar Collaborates with XPower Finance To Advance Web3 Gaming Experience With DeFi Yields

    22/05/2026

    RealGo Partners With Bitget Wallet To Expand User Access To DeFi And Advance Web3 Gaming Adoption

    18/05/2026

    NUMINE Joins Outer Ring MMO for the Expansion of Web3 Gaming Experiences

    13/05/2026

    BTC Ecosystem’s $15 welcome contract reframes Bitcoin mining financialization

    26/05/2026

    Russia Expands Crypto Mining Registry Rules With Mandatory IP Address Tracking

    26/05/2026

    Bitcoin Mining Could Help Solve Europe’s Solar Power Glut, Says Bitmain Founder Jihan Wu

    25/05/2026

    Bitdeer Sells 201.6 BTC This Week, Continues Liquidation Strategy

    23/05/2026

    Ripple CLO Alderoty Breaks Down What Clarity Act Really Means for US Market

    26/05/2026

    CLARITY Act will give crypto a new regulator before the CFTC has the staff to run it

    26/05/2026

    Minnesota Law Opens Crypto Custody to Banks, Credit Unions — One Credit Union Already Has a Head Start

    26/05/2026

    Missouri AG sues crypto ATM operator CoinFlip ‘for enabling scams’

    26/05/2026

    Bullbit and MixMax Partner to Boost DeFi Liquidity and Trading Efficiency

    26/05/2026

    Kalshi Secures Additional $200M From New Investors, Signaling Prediction Market Growth

    26/05/2026

    Charles Hoskinson warns Cardano could lose its scientists

    26/05/2026

    Ripple CLO Alderoty Breaks Down What Clarity Act Really Means for US Market

    26/05/2026
  • 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

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

YOM Joins the Blockchain Game Alliance Alongside Ubisoft and Animoca Brands

24/05/2026

FishWar Collaborates with XPower Finance To Advance Web3 Gaming Experience With DeFi Yields

22/05/2026

RealGo Partners With Bitget Wallet To Expand User Access To DeFi And Advance Web3 Gaming Adoption

18/05/2026

NUMINE Joins Outer Ring MMO for the Expansion of Web3 Gaming Experiences

13/05/2026
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

Bullbit and MixMax Partner to Boost DeFi Liquidity and Trading Efficiency

26/05/2026

Kalshi Secures Additional $200M From New Investors, Signaling Prediction Market Growth

26/05/2026

Charles Hoskinson warns Cardano could lose its scientists

26/05/2026
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.