Allegations of Unpaid Salaries Emerge Despite $100M Funding
Gunzilla Games, a crypto gaming developer, faces allegations of failing to pay employee salaries for several months, despite securing over $100 million in funding. This capital injection positions Gunzilla Games among the most heavily capitalized projects in its domain, reportedly exceeding funding for games like Clair Obscur or Palworld by a factor of ten. The native token, $GUN, holds a market capitalization of $29 million. The allegations do not specify the exact number of affected employees or the total sum of outstanding wages, but the reported duration of non-payment suggests a significant operational issue.
Gunzilla Games' Industry Profile
Its game title is available on the PlayStation 5 platform. The company also has an announced partnership with Sony.
Market Reaction and $GUN Token Performance
One report detailing the allegations registered a sentiment score of -57. Following these reports, the $GUN token experienced a 24-hour price decrease of 6.4%. Its 7-day performance prior to these specific allegations showed a 7.8% increase. The token's mindshare saw a change of 0.1%. The current price of $GUN is $0.016516.