Chain Guardians Launch and Review: The Ecosystem for Player-Driven Economies
Chain Guardians is developing the first ecosystem to use blockchain tech to enable player-driven economies. From NFTs mining to RPG adventures and exciting PVP battles, ChainGuardians is bringing its project to fruition, further fueled by the current NFT narrative.
Its successful launch is powered by the current NFT narrative, solid concept, powerful partnerships and clear roadmap. Therefore, we are going to review it detail by detail, to uncover the real potential of Chain Guardians.
Successful Launch on Polkastarter
The $CGG token launched on Uniswap following the Polkastarter IDO, funding from some of the best in the industry such as Moonrock Capital, AU21 Capital and GBV Capital.
The ERC-20 ChainGuardians Governance Token ($CGG) the token rose from $0.12 to over $4 on (March 13th)before settling around between $2-$3.
Furthermore, it also had a popular NFT pre-sales on the OpenSea marketplace. Now that the IDO and public sale have finished, it’s available for trading on Uniswap (CGG/WETH) and Gate.io, with a volume of $15M.
The exact market capitalization and circulating supply have yet to be released. However, the maximum number of tokens to ever exist will be 120,000,000.
Chain Guardians Review: Concept and Uses (400 words)
The project focuses on building the first ecosystem to allow player-driven economies to flourish with the help of blockchain technology. Introducing concepts such as NFT mining, PVP battles and RPG, the games can earn $CGG, especially since the 45% of the tokens are destined for the community.
Even though the governance token is $CGG, the gamers will earn and use the CGC to buy physical merchandise, virtual assets and pay for NFT minting fees.
Smart Methods to Monetize the Ecosystem
In short, Chain Guardians combines the classic gaming concepts with blockchain technology and an Anime-style twist to make it possible for gamers to monetize their time on the platform. Let us check each one of the methods by which you could earn $CGG tokens.
NFT Mining
NFT mining is similar to cryptocurrency mining, but with Chain Guardians, it’s a game. It’s the first of its kind in the world and you only have to choose your characters to start mining NFTS.
Each character has a set hashrate to determine how much NFTs you will end up mining. Furthermore, you can stake your mined NFTs to increase your income by getting more $CGG tokens and tokens from partners. Chain Guardians continues to grow their partner projects.
PVP Battles
ChainGuardians has introduced PVP battles to make the game more competitive by allowing individuals and teams to battle with their blockchain superheroes. With the concepts of battle to earn and tournaments, gamers can monetize their time even more.
RPG Adventures
ChainGuardians also includes a full RPG to allow the users to play and earn. Currently available on desktop and mobile, it already has important partnerships with other blockchain games sujch as EtherMon, Crypto Beasties, Crypto skull and War Riders. Now, let us meet the main characters.
Meet the Characters
The characters come in different presentations based on their uniqueness, rank, rarity, natural abilities and number of catches (scarcity). Let’s take the Captain Devex Attazer as an example. Each character has a different number of minted available with each original character split into Uncommon, Rares and Legendaries.
At the moment, these are the characters that we have discovered:
· Captain Devex Attazer
· Hiro
· Mudra
· Binancio
· Seth Butler
· Dasha Locks
· Bitsee Naka
· Lolita lee
In addition to the Original there are a number of Hero’s you can purchase that fit into the ecosystem including Binancio, Sushi Chef, Celia, Kumabaggu, Morimoto and more to be announced soon.
In addition, there are special NFTs such as:
· DRK Satellite Overlord (Aether)
· DRK Prometheus (Colonist)
· P2 Personal Pod (Aphrodite)
· A51 Stealth Bomber (Glaucus)
The rarer a NFT is, the more will it cost on the marketplaces. The concept is similar to the NBA Topshot moments, where the moments that feature popular players such as Lebron with a lower serial number will cost a lot more than a moment featuring a lesser-known player.
Tokenomics behind Chain Guardians
The tokenomics are key to run and help the ecosystem to flourish. Here are the stats:
· Public sale price: $0.12
· Total supply: 120,000,000
· Public sale token supply: 1,800,000
The allocation of the tokens follows this distribution:
· Community: 45%
· Team and Advisors: 23%
· Early Supporters: 19%
· Eco-system: 11%
· Public Sale: 2%
The tokens will be gradually distributed until 2026, when the total of 120,000,000 tokens will be available.
Basically, the concept behind Chain Guardians is the following:
· Play and use the different in-game methods to earn CGC
· Use CGC to buy virtual assets, physical merchandise and pay for NFT minting fees
· Convert CGC to the governance token CGG, in order to access to a wide myriad of benefits.
You can use CGG to increase your income in the following ways:
· Propose and vote
· Provide CGG liquidity to earn rewards
· Stake CGG to earn exclusive NFTs and partner tokens
Therefore, the community and their activity will fuel the growth of the project. Let’s finish by checking the partnerships.
Partnerships and Roadmap
The partnerships have played an important role in adding value to Chain Guardians. On top of allying up with other games, marketplaces like OpenSea and even the popular oracle network Chainlink, it has also partnered up with Bridge Mutual.
The Bridge Mutual partnership is going to add more value to the project because it will make it possible for Chain Guardians to participate in NFT lending and borrowing.
By using this mechanism, users now can get access to expensive in-game NFTs by taking part in borrowing. For other users, they can increase their earnings by lending NFTs. This will bring the Chain Guardians’s users yet another way to participate in the ecosystem.
The roadmap for Chain Guardians unveils interesting updates such as:
· 3D PVP battles
· Staking and Yield Farming
· Raids for RPG
· Proof of Stake mining platform
Final Words
In conclusion, Chain Guardians already has a working product, and with the help of their partnerships and development team, the chances of seeing the ecosystem that they promise will substantially increase, and hence, the value of the $CGG token.
