Guild of Guardians GOG
About
What Is Guild of Guardians (GOG)?
Guild of Guardians is a multiplayer fantasy action RPG on Immutable X. The game’s vision is to become the world’s most popular RPG, where players can assemble a set of Guardians and earn rewards in the process. By combining fun gameplay that will be played on mobile with play-to-earn mechanics, Guild of Guardians aims to build an in-game economy that will be compelling for players to participate in.
The game will initially be accessible on iOS and Android and will be available in 2022. The gameplay revolves around training a team of heroes to collect resources and engage in challenges. The collected resources will be issued and distributed in Gems, the game’s in-game currency that can be redeemed for real money, spent on minting new assets or secondary purchases, and used to vote on game decisions. 20% of all primary and secondary trading fees must be paid for in Gems.
Since mid-2020, Guild of Guardians has racked up over 220,000 followers across different social media channels in its short time of existence. It also sold out its first NFT Founder sale, netting over $4.6 million that will be used for game development.
Who Are the Founders of Guild of Guardians?
Stepico Games, a Ukrainian game development studio, is the team developing Guild of Guardians. In total, over 20 people with experience in start-up founding and mobile game development are working full-time on the game. Stepico Games has developed several strategy and RPG games, accumulating over five million downloads in the process.
What Makes Guild of Guardians Unique?
Guild of Guardians combines a familiar style in gameplay design with new elements from GameFi to create a wholesome experience for players. The game’s gameplay and artwork is inspired by the fantasy game classics Diablo and Dungeons and Dragons. Players can select several familiar races like orcs, elves, humans and others as part of their team. This team is then sent into dungeons to fight in classic turn-based RPG fashion style. By venturing into different dungeons and completing challenges, players can amass resources, currency, and equipment to recruit and upgrade their heroes and enter progressively harder dungeons.
All heroes have a unique set of properties influencing their strengths and weaknesses. For instance, heroes can belong to three different factions, which influences monsters’ weaknesses and strengths when fighting them. The different classes a hero can belong to determine which equipment they can use. Elements and rarities are additional factors influencing the relative power level of heroes, with abilities and ascension levels impacting a hero’s development and synergy with the team. In addition, players can level up their guild of heroes with pets and equipment.
Players can earn rewards by crafting materials to create NFT items. They can earn materials by completing dungeons, although certain materials are unique as drops to heroes. Players can also create new heroes by merging multiple old ones into a new and rarer one, thereby playing their way up to the rarest levels. Moreover, the game distributes rewards on a daily basis to active players that complete quests and other game activities.
How Many Guild of Guardians (GOG) Coins Are There in Circulation?
GOG, the in-game currency of Guild of Guardians, is called Gems. GOG is used for three purposes:
- To align the incentives of players, developers, and content creators.
- To pay for in-game purchases and rewards. 20% of the cost of any NFT asset players buy from the game and 20% of all trading fees from the secondary market have to be paid for in gems.
- Players can earn gems from staking and use them to participate in governance and voting.
The total supply of GOG is one billion, according to the following token distribution:
- 35% - player rewards: released on a daily basis over 48 months according to play time, character progression, completion of daily quests.
- 28% - community rewards: available immediately for liquidity mining, referrals, community participation and content creation, third party development, partners and advisors.
- 20% - developers: unlocked over 48 months, 12-months cliff.
- 6% - Guardian Guild Limited: 50% in treasury, available immediately, 50% unlocked over 48 months, 12-months cliff.
- 6% - public sale.
- 5% - private sale: unlocked over 30 months, 12-months cliff.
How Is the Guild of Guardians Network Secured?
Guild of Guardians is built on Immutable X, a layer-two scaling solution for NFTs on Ethereum. Immutable X uses zk-rollups to achieve a much higher transaction speed than Ethereum (9,000 tps) at zero gas fees while not compromising security. In doing so, it aims to become the go-to blockchain for NFT-based games.
Ethereum is one of the most popular blockchains and the go-to solution for many decentralized applications. Its proof-of-work consensus mechanism requires miners to mine new Ether and ensures that Ethereum is one of the safest blockchains in the crypto industry. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.
When Will Guild of Guardians (GOG) Trading Begin?
The Guild of Guardians ICO on Coinlist ended on Nov. 11,2021. 40 million GOG was sold at a price of $0.1.
AI Analysis
What is the Guild of Guardians (GOG) cryptocurrency good for? What are its main use cases?
The Guild of Guardians (GOG) cryptocurrency is designed primarily for use within the Guild of Guardians ecosystem, a blockchain-based mobile game that integrates elements of gaming with decentralized finance (DeFi) and non-fungible tokens (NFTs). Here are some of its main use cases:
In-Game Currency: GOG tokens serve as the primary currency for transactions within the Guild of Guardians game. Players can use the tokens to purchase in-game items, upgrade characters, and trade assets.
NFT Marketplace: The GOG token can be utilized in the marketplace to buy, sell, and trade NFTs, including characters, skins, and other digital assets associated with the game.
Staking and Rewards: Players may have the option to stake their GOG tokens to earn rewards, incentives, or additional in-game assets, fostering a deeper engagement with the game and the community.
Governance: GOG token holders may participate in governance decisions within the Guild of Guardians ecosystem, helping shape the future direction of the game through proposals and voting.
Investment and Speculation: Like many cryptocurrencies, GOG tokens can be bought and held for potential appreciation in value, providing an investment opportunity for those looking to capitalize on the growth of the gaming and blockchain sectors.
Community Engagement: The GOG token can be used to incentivize community engagement and participation in events within the game or the broader community, helping to drive player involvement and loyalty.
Overall, the GOG cryptocurrency is primarily focused on enhancing the user experience within the Guild of Guardians game while also allowing for broader interactions in the realm of decentralized finance and NFT trading.
What blockchain does Guild of Guardians use? Is it its own blockchain or built on top of another?
Guild of Guardians is built on the Ethereum blockchain. It employs the Ethereum network for its smart contracts and blockchain transactions. Additionally, it utilizes layer-2 solutions, such as Immutable X, to improve scalability and reduce transaction costs, which helps in creating a smoother gaming experience. So, while it is not its own blockchain, it leverages Ethereum and enhancements from layer-2 technologies.
Is Guild of Guardians programmable? Does it support smart contracts or decentralized applications?
As of my last update in October 2023, Guild of Guardians is a mobile role-playing game (RPG) built on the Ethereum blockchain. While the game itself primarily focuses on gameplay and asset ownership, it does leverage blockchain technology to provide features such as true ownership of in-game assets through non-fungible tokens (NFTs).
Regarding programmability and support for smart contracts, Guild of Guardians does not inherently function as a platform for developing decentralized applications (dApps) or deploying arbitrary smart contracts like Ethereum. However, it does benefit from the underlying Ethereum infrastructure, which does support these features.
If you're looking to create decentralized applications or utilize smart contracts, you would typically need to interact with the Ethereum blockchain directly rather than through the Guild of Guardians ecosystem. Always check the latest updates from official sources, as the capabilities of blockchain games and platforms can evolve.
How fast are Guild of Guardians transactions? What is the typical confirmation time and throughput (transactions per second)?
As of my last knowledge update in October 2023, Guild of Guardians operates on the Ethereum blockchain, which has its own transaction speed and throughput characteristics. Ethereum's transaction confirmation time typically ranges from about 10 to 20 seconds, although this can vary based on network congestion and gas fees.
Throughput, in terms of transactions per second (TPS), also fluctuates based on network conditions and the specific implementation of the Smart Contracts used in the game. Ethereum can handle around 30 TPS under normal conditions, although layer 2 solutions and scaling technologies are being developed and implemented to enhance this.
It's also worth noting that since Guild of Guardians may incorporate layer 2 solutions (such as Immutable X, which is specifically designed for NFTs and gaming), the transactions can be significantly faster and cheaper on these platforms, providing near-instant confirmation times and greatly increased TPS capabilities.
For the most up-to-date and accurate information regarding transaction speeds and throughput specific to Guild of Guardians, I recommend checking their official communications or the latest updates from their development team.
How much data can I store on the Guild of Guardians blockchain? Does it support on-chain data storage?
As of my last knowledge update in October 2023, Guild of Guardians operates primarily as a mobile game that integrates blockchain technology for aspects such as asset ownership and player rewards. However, specific details about the amount of data you can store on the blockchain or the extent of on-chain data storage capabilities may not be explicitly detailed or may vary over time.
In general, many blockchain platforms prioritize efficiency and scalability, which can limit the amount and type of data that can be stored directly on-chain. Instead, many games and applications typically store critical data (like ownership, transaction records, and certain attributes) on-chain while keeping other data off-chain to reduce congestion and costs.
For the most accurate and current information regarding on-chain data storage capabilities related to Guild of Guardians, I recommend checking their official documentation or community channels, such as their website, forums, or social media pages.
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