Gods Unchained

Gods Unchained

GODS
$0.205006664%-4.26

Key Metrics

Price$0.205006664
Real Volume (24H)$771,767.28
Marketcap$61,131,848.53
Fully Diluted Valuation$100,000,000
ATH$8.8
ATH Date12/11/2021, 12:07:56 AM
ATL$0.191289
ATL Date12/17/2022, 5:33:17 AM
Circulating Supply151M
Total Supply500M
WebsiteN/A
WhitepaperN/A
Popularity Rank603
Chart
What is Gods Unchained?

Gods Unchained (GODS) is a blockchain-based play-to-earn card game that allows players to compete against each other using fantasy cards. The game's objective is to outsmart opponents using strategies to combat the game. The platform encourages players to own digital items and trade their cards within or beyond the game, like holding real cards. The platform's unique feature is that players can earn tangible rewards, and the in-game items have value beyond the game ecosystem as real-world tradable assets.

Gods Unchained is one of the pioneers in the crypto and blockchain-based gaming space, where players can use in-game items as NFTs or digital assets, which can be used in the game or resold for cash and even embedded in third-party games and tools. The platform's designers aimed to create a game that holds economic value to players, boosting participation and strengthening the platform.

To ensure quick and secure trading, the platform developers chose Immutable X, an Ethereum protocol that supports NFTs with zero gas fees, instant trades, and scalability. Immutable X enables Gods Unchained NFTs to reside on it, making the game accessible to players and collectors.

The game's native currency is GODS, an ERC20 token, which is the core currency within the game. GODS seeks to craft new NFTs and can be used to fuse in-game cards into NFTs. These cards can be traded on Ethereum layer 2, giving consumers full ownership of their digital assets. GODS is a governance token that allows players to contribute to the game's future development and play an essential role in directing the ship. The platform enables users to employ GODS tokens for in-game purchases.

Gods Unchained was launched in beta in 2018 by brothers James and Robbie Ferguson, who are also CEOs of Immutable. Chris Clay, former game director of Magic: The Gathering Arena, is the CEO of Gods Unchained and one of the leaders within Immutable. The platform released its whitepaper in September 2021.

To forge new GODS tokens, Gods Unchained uses a proof-of-stake mechanism, where staking is a crucial feature of the game that distributes rewards in GODS to active users. Token holders who actively stake while participating in governance activities can receive GODS tokens awarded from the rewards pool.

According to the game's whitepaper, GODS tokens have a total supply capped at 500,000,000. A public token sale was held to sell 35,000,000 GODS tokens (7% of the total). Besides raising funds for the game, the public sale fosters early token adoption and increases its value for all ecosystem participants. 170,000,000 GODS tokens, 34% of the total supply, are earmarked for play-to earn rewards for gamers.

Overall, Gods Unchained is a unique blockchain-based game that allows players to compete using fantasy cards while earning tangible rewards. The platform's integration of NFTs and GODS tokens provides players with full ownership of their digital assets and allows them to participate in the game's governance activities. The game's innovation and development have positioned it as one of the pioneers in the blockchain-based gaming space.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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