What is Gods Unchained? - All You Need to Know About Gods Unchained
The blockchain-based trading card game Gods Unchained is a competitive version of previous games in the genre, such Hearthstone or Legends of Runeterra. Players actually own their cards because the system is blockchain-based, just as if they were real, tangible objects.
We'll go through the basics of the game, “what is Gods Unchained”, how Gods Unchained operates, how to utilize GODS tokens and NFTs, and where to get GODS tokens in this article.
What is Gods Unchained?
Gods Unchained (GODS) is a visually appealing Metaverse NFT card game in which players compete using fantasy cards. Players begin battles with a card deck and must defeat their opponent in order to win cryptocurrency rewards. The GODS token is an ERC-20 token that can be used to purchase in-game assets. The token is currently worth $0.73 and has a market cap of $25 million. The current supply is 23 million, with a maximum supply of 500 million.
"If you can't sell your items, you don't own them," says the game's motto. Gods Unchained differs from other metaverse games in that users have complete control over their NFTs and tokens. The GODS token is not a governance token; rather, it is a built-in reward token that is required to play the game. Players' statuses are gradually upgraded as they win battles, increasing their profit margins.
While the ecosystem is built on Ethereum (ETH), gamers will not face high gas fees as they would in a blockchain card game like Axie Infinity (AXIE). It is based on Immutable X, an Ethereum layer-2 scaling solution that allows users to mint, trade, and transfer assets for pennies on the dollar. On the Gods Unchained marketplace, over 700,000 NFTs have already been traded.
Game Economy
After understanding "What is Gods Unchained?", we will go into understanding the economic model in the game. What is the game economy of Gods Unchained? The specifics are laid out below.
Revenue Streams
God Unchained is a free-to-play game, so there is no initial investment required to play. The project has many in-game purchases to generate revenue for the entire ecosystem in order to create a sustainable economy that empowers players to earn through play.
- Sales of NFT "expansion sets"
Once purchased, these items can be used by Gods Unchained players to build competitive decks and play the game, or they can be traded with other users outside the game like any other token. GU has released and completely sold out two expansion sets since launch, the Genesis set and the Trial of the Gods set, with a total combined revenue of more than $10 million.
- Secondary market royalties
These are added to the rewards of the staking pool. Fee percentages vary depending on the card. As the trading economy expands, so will the revenue from royalty fees. This will be the game's primary source of revenue.
Earning Mechanics
What is the monetization mechanism in the game Gods Unchained? How many mechanics are currently being implemented in the game? Gods Unchained includes two play-to-earn mechanics. The first is obtained by simply playing the game. Players gain experience with each Ranked match, which counts towards their account level. Players receive a Core card pack as a reward for each level up. Players can then craft Meteorite level Core cards to sell to other players for profit. The weekend tournament mode, which begins every weekend on Friday morning, is the second play-to-earn feature. During this event, players from all over the world battle in the Arena for glory and prizes. Packs from the Core set and the most recent Expansion set are available as rewards. In addition, Mythic level players who place in the top ten overall rankings will receive additional prize packs at the end of the weekend.
After understanding What is the monetization mechanism in the game Gods Unchained?, we will find out what makes God Unchained unique below.
Unique Features of Gods Unchained
What is the most attractive feature of Gods Unchained?. Gods Unchained's most enticing feature is that it allows players full ownership of all in-game goods they collect. These products have a market-determined worth in the real world and can be sold on NFT marketplaces in the same manner as traditional printed cards in physical card games.
Another key advantage is that Gods Unchained plans to use Immutable X to streamline the trading process, which should result in increased profitability. Immutable X is a decentralized exchange that scales Ethereum trades and provides traders with very instantaneous transactions for very cheap or no gas fees. Traders can use this exchange to buy and sell ether.
At 30% network utilization, the Ethereum network can currently only handle an estimated 150,000 NFT transactions per day. The network could theoretically support up to 200 million trades per day with Immutable X.
Immutable X is also noncustodial, which means users will retain complete control over their items and will not have to rely on the security and infrastructure of the exchange.
GODs Token and Tokenomics
What Is The Gods Unchained’s token? The Gods Unchained token is an ERC-20 token that was created to power the "Play-to-Earn" aspect of the Gods Unchained game. The GODS coin differs from other Metaverse tokens in that it is not only used for DAO governance proposals, but it is also required for in-game asset purchases.
If a user wants to buy expansion packs to improve their chances in the game, they must pay in GODS. The GODS token is also used to reward users who fuse their flux and mint NFTs in the game.
Below are the information you need to know about GODs.
Key metrics about GODs
- Name: Gods Unchained
- Tickers: GODS
- Market Cap: $31,967,557
- Circulating Supply: 141,666,666.59 GODS
- Total Supply: 500,000,000
GODS Tokens Use Cases
What are the use cases of Gods Unchained Token?
GGODS tokens are an essential component of Gods Unchained's play-to-earn structure. They can be used to purchase card packs from the marketplace, create card NFTs, and take part in governance initiatives. Players can also earn rewards by staking $GODS tokens.
Token Allocation
Gods Unchained’s Team
Who are behind Gods Unchained Project? Over 50 full-time employees are working on Gods Unchained. Riot Games, Electronic Arts, Goldman Sachs, and other top-tier companies are represented on the team.
Chris Clay, Game Director
- Chris guided MTGA from a troubled first playable release to a genre favorite with over $120 million in revenue in its first year. From early pioneering in 3D character design to laying the groundwork for massive multiplayer games at Turbine, he has spent his career pushing the boundaries of technology.
Matt Aldrich, Lead Art Director.
- Matt has extensive experience Art Directing games in Europe, America, and Asia, and has spent over 20 years focusing on delivering world-class game art for multiple triple-A titles. Aldrich has worked on industry-leading franchises such as Tomb Raider, Assassin's Creed, James Bond, Lord of the Rings, FIFA, and Star Wars.
Derek Proud, Producer
- Derek is a veteran of the games industry with over 20 years of experience. He has worked on a variety of licensed titles, including Harry Potter, Avatar: The Last Airbender, Cars, Spongebob Squarepants, and Jimmy Neutron. He designed and produced Big Beach Sports for the Wii, which sold over 2 million units worldwide.
Arash Mahboubi, Crypto Product Lead.
- For over four years, he has been developing the core technology that governs the Ethereum network, and prior to that, he assisted in bringing blockchain Dapps to mainstream consumers.
Nic Watt - Vice President of Product
- He was the Lead User Experience Designer for League of Legends at Riot Games. Prior to that, he worked as a lead designer at EA and founded his own studio, Nnooo, with whom he worked for nearly 12 years.
Partners & Investors
Immutable is a blockchain startup backed by Naspers, Galaxy Digital, Coinbase, Bitkraft Ventures, Fabric Ventures, and Alameda Research.
Immutable raised $15 million in Series A funding in September 2019. Naspers Ventures and Galaxy Digital EOS VC Fund led the round, with Apex Capital Partners also participating. The funds will be used to advance Gods Unchained and create an open-source blockchain platform for developers.
Coinbase, Continue Capital, Nirvana Capital, and OKEx Blockdream Ventures have also invested in Gods Unchained. With such high-profile backing, Gods Unchained has the potential to deliver a high-quality game that can credibly compete with major industry titles while also providing a welcoming on-ramp to improve adoption, education, and sentiment around blockchain-based technologies.
Conclusion
Blockchain gaming can be extremely profitable because players hone their battle skills while earning money by winning cards and exchanging them for cryptocurrency. The Gods Unchained project aims to give metaverse gamers back control over their NFTs and game assets. Here are all about “What is Gods Unchained”, we hope that you have a clearer insight about the Earn Money Playing NFT Card Games project.
You also can learn more about Gods Unchained through visiting these links.
Website: https://godsunchained.com/
Twitter: https://twitter.com/GodsUnchained
Discord: https://discord.com/invite/godsunchained
Common Questions
How do I buy $GODS tokens?
$GODS can be purchased directly from the Immutable X Marketplace (IMX) with a Credit Card or by exchanging it for ETH after depositing funds on the IMX platform (Layer 2 Ethereum).
You can also buy $GODS from other Marketplaces such as Aqua, OKX, TokenTrove, and others, or from a number of Decentralized Exchanges (DEX) such as Uniswap and Sushiswap.
Where can I play Gods Unchained? Gods Unchained is now available on Windows and Mac systems. You need to register for an account and download the game. The Gods Unchained Team are currently working on bringing the game to mobile devices.
About Market247.io
Market247.io offers fundamental and technique analysis about potential crypto projects and hidden gems. By doing so, we hope to bring information promptly to support investors making investment decisions. All information provided by Market247.io is just as a reference, not an investment advice.
Follow us on:
Twitter: https://twitter.com/Market247_io
Telegram: https://t.me/Market247_news
Community: https://t.me/market247news
Facebook: https://www.facebook.com/groups/market247.io
Other post
What is Illuvium (ILV)? All information you need to know - Market247.io
