Guild of Guardians

Halal Rating :
Questionable
Last Price $0.04 Last updated:
Rank 902
1D Change 4.94 %
Market Cap $25.58m
Circulating supply 679,300,669
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Gaming
  • Entertainment
  • Play To Earn

Project Overview

Guild of Guardians is a mobile RPG game built on Ethereum that leverages blockchain technology to provide true digital ownership of in-game assets. The GOG token serves as the primary utility token within the game's ecosystem.

Intended Utility

The GOG token is designed to serve multiple purposes within the game ecosystem: governance rights for holders to influence game development decisions, rewards for active players, purchasing in-game assets, and staking mechanisms for additional benefits. Players can earn GOG tokens through gameplay, trading assets, and participating in various game activities.

Actual Utility and Implementation

The game is currently in development by Immutable, a reputable blockchain gaming company. While the full game has not launched yet, the project has shown consistent development progress and has conducted several alpha tests. The GOG token is actively traded on various exchanges and has established partnerships with major gaming guilds and esports organizations.

Token Distribution and Governance

The token distribution includes allocations for the team, advisors, and early investors with appropriate vesting periods. The team has maintained transparency regarding token economics and development updates. Immutable, the development company, has a strong track record in the blockchain gaming space, having previously developed successful projects like Gods Unchained.

Technology and Revenue Model

The game operates on a play-and-own model where players can truly own their in-game assets as NFTs. The revenue model is based on asset sales and marketplace fees, avoiding interest-based mechanisms. The game's content is family-friendly and does not involve gambling mechanics or prohibited content.

Crypto Impact

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