VeChain (VET) Price Soars 25 Percent on Microsoft Gamebook News

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  • After the news of launching ‘The Way of the Tiger’ gamebook on blockchain in alliance with Microsoft was announced, the VeChain price surged over 25 percent

VeChain (VET) Price Soars 25 Percent on Microsoft Gamebook News

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Earlier, U.Today reported that the person who created ‘The Way of the Tiger’, one of the first gamebooks launched back in the 1980s, decided to bring his game back to the market in a new form – this time placing it on VeChain ledger.

Now, the VET token price surges over 25 percent.

The return of the gaming legend

The author of the original famous game, Jamie Thomson, will be working with Eidos and Fable game-making companies. The software giant Microsoft will be joining them too.

The game is going to be released on VeChainThor ledger. It was selected for its large scalability. Besides, it allows creating ‘cards and items without having to deal with all the crypto stuff.’

The roadmap of the project promises the game to be relaunched publicly next year.

Since Ethereum launched the popular game CryptoKitties back in 2018, blockchain games have been rising in popularity globally. Last year, the community got so much into CryptoKitties that Ethereum faced a major congestion with transaction fees’ price surging dramatically.

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VeChain (VET) price surges almost 26 percent

After the news was announced, the VeChain token VET’s price rose by over 25 percent, as per data from the CoinMarketCap aggregator.

VET price CMC
Image via CoinMarketCap

A crypto analyst @CryptoMichNL who follows VET and often posts VET charts and forecasts, notes the coin’s price surge and congratulates VET investors.

Earlier, he predicted a possible rise of the coin and now tweets that his forecast has come true.

The VET community is actively discussing this price surge.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.