ChainGuardians is a game with an anime-cryptocurrency theme, backed with NFT in-game assets.
Have you ever thought about bringing your gaming assets to life? Well, who hasn’t? Anyone who has invested his time and energy into his favorite games gets that feeling, wishing they could carry their rewards and assets over to other games – or more, convert them into real-world assets – money!
While game lovers have given up on the idea that their gaming efforts could be transferred through different games, brazen gaming companies have stood up to restore hope. ChainGuardians is one of them. ChainGuardians intends to leverage blockchain technology to generate unique gaming assets on Ethereum through ERC71-based non-fungible tokens (NFT).
Background
ChainGuardians was spearheaded by Nirbhik Jangid, an Indian growth expert with an MBA from Universal business school. The idea became a real-life platform early in 2019. Despite being the founder, Nirbhik has left leadership of the platform to his co-founder Emma Liu since mid-2020.
Emma currently serves as their CEO, while Nirbhik explores other interests, most notably Dapp list. The founder still serves as the platform’s marketing advisor, guiding his brainchild with his experience in growing business enterprises.
Emma herself is a seasoned entrepreneur, having managed multi-million projects in her past endeavors. Emma leads a team of gaming enthusiasts and crypto experts to bring the crypto world closer to game and anime lovers.
What is ChainGuardians?
ChainGuardians is a game with an anime and cryptocurrency theme, backed with NFT in-game assets.. Simply put, the game uses a set of characters, armor, weapons, and other game items that are unique and cannot be replicated. This is made possible with Ethereum’s ERC-721 standard that allows protocols to create non-fungible, unique tokens on its blockchain.
The game has a premise that explores a fantasy world with references to cryptocurrency and its elements.
ChainGuardians’ gameplay involves character designs with a similar style to that used in popular Japanese comics and animation popularly called “manga” and “anime” respectively. While there have been several similar games built on blockchains, they are usually limited, especially because of their pay-to-win designs.
Why ChainGuardians?
The pay-to-win approach taken by most modern games enables richer and earlier gamers to level-up rapidly at the expense of new gamers. New gamers are often at a disadvantage and are usually frustrated by such games. This limits participation and hinders the growth of awesomely-engineered games.
ChainGuardians, on the other hand, aims to create an environment where a new player would get sufficient opportunities to grow and enjoy games without spending exorbitantly. Even while you pay to purchase items, you still retain the value as the gaming assets could be transferred across chains.
How the Game Works
The role-playing game is the primary game ChainGuardians was developed with. The games are developed for users to participate through game characters, including guardians, which they control in battles either against another user in the PVP mode; or against in-game enemies and bosses in the PVE mode.
The game has a strategy base that is active in real-time where you can attack, conquer and loot opposing fortresses, castles and dungeons. While establishing your own base in their places. The game is also set to have an ambush feature where you can attack opponents or can be attacked unannounced.
Each guardian and other supporting game character come with basic fighting attributes which are developed over time, along with the user’s experience. Users can also buy armor and weapons for their characters using CGC credits to improve their attributes and abilities.
Guardians and NFT
Guardians like the armor and weapons are unique since each is represented through ERC-721 NFT on the Ethereum blockchain. The first Guardian in the game is known as Bitsee Naka, and is currently tasked with defending the Bitcoin blockchain (a game reference to the real-life BTC blockchain).
Other guardians would be developed in the game as defenders of other major blockchains. Bitcoin, Ethereum, Litecoin, and DASH are the first four blockchains primed to receive a guardian. These four guardians mark the rarest characters in ChainGuardians.
Bitsee Naka and her successors, therefore, are represented as an NFT on the Ethereum blockchain. The number of Guardians is set to be limited by the developers at launch. And they can be bought during the initial token sale for the game.
After the marketplace is developed, users can buy and sell their guardians and in-game assets. Third-party marketplaces like OpenSea.io would be indorsed to support the trading of guardians, support characters and other assets.
CGG Token
The native token on ChainGuardian is CGG (ChainGuardian Token), which has a lot of different functions. For one, it is the governance token. Holders of the $CGC token can participate in the governance of the platform, and vote on important issues that affect it.
What CGG Tokens can be used for
CGG holders would be able to deliberate on future guardians and their abilities, the game’s economics, the hash rates of NFT mining, as well as contribute to balancing the game.
In addition, you can use the CGG token to stake in the PoS mining game available on ChainGuardian.io. Stakers can earn rewards and passive income by staking their NFTs.
A different currency exists on the platform called ChainGuardian Credit (CGC). This currency is spent directly as the in-game currency, but it can be converted into the native CGG token.
How to Get CGG Tokens
CGG tokens cannot be directly earned in the game, you must earn CGC credits first and then change them to the token.
Meanwhile, there are several ways through which users of ChainGuardians can get their hands on the CGC credits. The first and the most basic of which is through the NFT mining game. Users are able to stake any approved NFTs through the mining game.
Once you stake your NFT in the game, you become eligible to win block rewards as done on crypto blockchains. Wining block comes with CGC rewards which can then be later converted to $CGG.
Players are also rewarded for participating in the RPG game, the other game currently available on ChainGuardians. When you fight enemies in the cryptoverse, gatekeeper tyrants, and so on, you get rewarded with CGCs. Levelling up your Guardians also attracts rewards in the form of CGCs.
This play-to-earn feature is a truly interesting addition to the NFT transferability already present in the game.
CGG Distribution and Tokenomics
Only about half of the total supply of $CGG token available would be released for community reward as 11% is to be reserved for marketing, 18% is reserved to reward the development team, while the outstanding 23% would be channelled towards further development of the game and the platform as a whole.
At the launch of the token, loyal ChainGuardian community members who bought from the NFT sales would be rewarded with an airdrop of $CGG tokens. Additionally, during the gaming events, participants would be given a chance to get $CGG tokens.
Conclusion
ChainGuardians is still in its developmental phase, with its two primary games available only through web browsers. Hence, it is difficult to be certain that it will deliver on its plans or if its protocols are sustainable.
But if the plans, roadmap, and current achievements are any indicators, we see a well-thought-out process. One capable of bringing the wonders of blockchain technologies to a new set of individuals. Not only does it expand the horizons of cryptocurrencies, but also brings along an enjoyable cross-platform entertainment medium geared towards gamers and anime lovers.
Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.asiacryptotoday.com/chainguardians/
