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The gods are obviously fond of tokens. Unchanging said today that blockchain card game Gods Unchained will launch a new Ethereum token dubbed $ GODS in partnership with Nine Realms.
Immutable, based in Sydney, Australia, will launch the $ GODS token to evolve its trading market and gaming systems to win in-game. This means players will be able to buy and sell in-game tokens and have a voice over the way the blockchain game is executed.
Immutable said it helps give players an interest in the game and its economy, transferring power from developers to players by providing in-game assets that players can actually own.
The $ GODS token will be at the heart of the in-game ecosystem, providing both in-game and external utility. At launch, $ GODS will function as a utility and governance token, giving holders a voice in the digital space, as well as wagering opportunities that allow players to earn rewards through gameplay campaigns. Over time, the functionality will expand to integrate the token into Gods Unchained’s earning game loops, allowing players to earn $ GODS tokens just by playing the game. Leisure Economy, where we get paid to play games.
$ GODS will then interact directly with Gods Unchained’s Non-Fungible Token (NFT) assets, which are new NFTs that players can use in-game and trade or sell in the marketplace. This means that these games will have uniquely identifiable digital items that players can earn or buy or sell, allowing players to permanently own the items.
X immutable has created a market for players of games such as Gods Unchained to buy and sell the items they have collected. X immutable is the fruit of Unchanging, an Australian gaming team that runs the NFT collectible card game Gods Unleashed. Gods Unchained is an important NFT game, as it’s built by a development team led by Chris Clay, the former director of Magic the Gathering: Arena. Gods Unchained is a “play to win” game, where players can earn collectibles over time, Immutable founder Robbie Ferguson said in a recent interview with GamesBeat. And they can make money by exchanging these collectibles, including unique NFTs that can be proven by blockchain, the secure digital ledger technology, not to be copies.
In recent months, NFTs have exploded in other applications like art, sports collectibles and music. Best shot in the NBA (a digital version of collectible basketball cards) is one example. published by Animoca brands and built by Dapper Laboratories, NBA Top Shot surpassed $ 540 million in sales, five months after being released to a global audience. And an NFT digital collage by artist Beeple sold at Christie’s for $ 69.3 million. Investors invest money in NFTs, and some of these investors are game fans. Prices for NFTs have come down, but many of these fans are not discouraged.
As one of the highest grossing blockchain games of 2020, Gods Unchained has recorded millions of matches during its ongoing beta and has over 4 million assets. The token launch comes on the back of Gods Unchained’s latest expansion, Trial of the Gods. This set is completely sold out and a new expansion is on the horizon.
$ GODS is created, published, and distributed by Nine Realms for use within the Gods Unchained ecosystem.
$ GODS is an ERC-20 token that will interact natively with Immutable X, the layer 2 scaling solution for Ethereum trading. The Immutable X platform allows peer-to-peer trading without the hindrance of gas fees, and will be extended to include ERC-20 tokens once the $ GODS token goes down.
In 2020, Immutable partnered with StarkWare, a company that benefits from the use of Ethereum cryptocurrency and its security without incurring huge costs. Immutable X is based on Layer 2 scaling technology from StarkWare. Essentially, users don’t have to trust Immutable permanently to continue to own their NFTs – they can just trust Ethereum. The Immutable X backbone is now available as the first Layer 2 solution for NFTs on Ethereum, the company said.
Other solutions to Ethereum create alternative and faster cryptocurrencies with different methods to reach consensus. But these alternatives are not as popular as Ethereum. Another solution is to create a side chain, with a different type of processing for transactions. But Immutable believes these solutions may fail because their security is not yet as strong as Ethereum’s. If security fails, so does the authenticity of the NFT, and that would be disastrous, Immutable said.
For more information on $ GODS, keep an eye out this link for updates on eligibility, distribution methods, and ways to claim and earn tokens. Immutable has around 100 employees, 40 of whom work on Gods Unchained.
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