Guild of Guardians is a play-to-earn NFT game developed by Ukrainian developer Stepico Games in partnership with Immutable X, an Australian-based NFT layer-two scaling solution. Backed by Coinbase and Galaxy Digital, Immutable X is the first layer-two scaling solution for NFTs on Ethereum.
Play-to-earn games are becoming increasingly popular, and the overwhelming success of Guild of Guardians’ token sale is further evidence of that fact. The token sale which was held of Tuesday via CoinList registered 808,000 users and was oversubscribed by 82 times. GEMS, the native token of Guild of Guardians, found 10,700 new holders spread across over 100 different countries, who all purchased a maximum of $500 worth of GEMS each.
Unfortunately, due to the mounting regulatory concerns in the United States, Canada, Australia, and China, residents from these countries were prohibited from purchasing any GEMS tokens. Another instance of freedom not being so free.
The CoinList token sale was allocated just 6% of the 1 billion total GEMS tokens. 63% of the total supply will be distributed through core gameplay, activities, and community-driven events.
The soft-launch for this new play-to-earn game is expected in the first Quarter of 2022, and there are already 400,000 users pre-registered and ready to play.
Every single in-game item and asset is a tradeable and exchangeable NFT, so getting ahead and grabbing yourself some decent gear to dominate the game could end up becoming your very own asset-rich treasure trove.
If you’ve spent time grinding in MMORPGs like World of Warcraft and wished you could sell some of those rare drops on the Auction House only to see they’re Bind-on-Pickup, this could be where everything changes, as not only would you gain in-game currency, but it’d be tradeable in the real world.
Imagine being able to sell the Warglaives, or even Invincible’s Reins, for real-world money during their expansions… I know I’d have had a lot more money to pump into Crypto when I got started if I could have sold my WoW assets a decade or so ago…