Crimson Desert Dev has Traded EVE Online Back for a Boatload of Cash and Game Crypto

Crimson Desert Dev has Traded EVE Online Back for a Boatload of Cash and Game Crypto

From DualShockers (Written by Miller Reynolds) on | OpenCritic

Following the success of their open-world game Crimson Desert, Pearl Abyss has stated their company's strategic priorities have shifted greatly, and they've just sold CCP Games back to CEO Hilmar Veigar Pétursso.

CCP Games, the studio behind space survival games EVE Online, and EVE Frontier, was acquired by Pearl Abyss in 2018 for $225 million in cash, and $200 million worth of performance-related payouts, but the rapid evolution of the gaming industry has led the Crimson Desert studio to reevaluate their investments.

Pearl Abyss Sells CCP Games Eight Years After Acquiring It

Pearl Abyss has reportedly sold CCP for $100 million in cash, and $20 million worth of token acquisition rights, which at first glance, seems like a terrible return on investment, but the finer details revolving around the token part of the deal aren't clear.

The token acquisition rights included in the deal are reportedly referring to the EVE Frontier in-game currency called EVE Tokens ($EVE), and CCP Games says these "utility tokens" will fuel the player-driven economy for decades to come.

With the news of this sale and the success of Crimson Desert, it's likely that Pearl Abyss is padding their pockets to fuel...

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