Bonk Debuts ‘Kill-to-Earn’ FPS on Solana

Bonk officially launched Bonk Arena on June 2, as announced in a post on X, marking a significant step forward in the project’s expanding ecosystem.

Developed by Bravo Ready, the studio behind the Solana-based extraction game BR1: Infinite Bonk Arena, it is now accessible via web browsers and the Phantom Wallet mobile app. Notably, it marks Bonk’s first officially licensed gaming product, signalling its entry into blockchain-powered interactive entertainment.

BONK Arena is Live❗️❗️❗️
Earn $BONK for every elimination, play on mobile & browser for a chance to win over $10k in prizes over the next 30 days!
Check out @BonkArenaGame and Hop into the action???? pic.twitter.com/IUijmfhiDU
— BONK!!! (@bonk_inu) June 2, 2025

To participate, players must pay 10,000 BONK (approximately $0.17), with the game employing a “pay-to-spawn, win-to-earn” mechanic. Winners can recover their entry fee minus a dynamic service charge ranging from 0% to 10%. To boost early adoption, Bonk has set aside a special 10,000 BONK reward pool to be distributed over the first 30 days of launch.

Further enriching the gameplay experience, Bonk Arena features top-down pixel-art visuals, unlockable characters, and NFT loot boxes, with future updates expected to deliver even more content. In terms of revenue allocation, 50% of all game earnings will go toward BONK token burns, ecosystem rewards, and Bonk for Paws, the project’s charity initiative for animal welfare. The remaining half will be used to buy back READY tokens as part of Bonk’s partnership with Real Money Gaming.

The game’s debut has already sparked renewed interest in BONK on the market. Over the past 24 hours, the token has risen 5%, with trading volume increasing nearly 40% to exceed $160 million.

Complementing this momentum, data from Coinglass shows BONK’s derivatives volume surged 20% to $42.76 million. However, open interest fell by 7%, suggesting that while traders are increasingly active, some are opting to take profits or hold back from directional commitments for now.

Meanwhile, Yield Guild Games (YGG) is also making waves in the blockchain gaming space with the launch of its new publishing arm, YGG Studios. This strategic expansion aims to support the development and release of Web3 games. Its first title, LOLA Adventure Land (LOL Land), has already gone live, reflecting YGG’s deepening investment in the sector’s long-term growth.

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