Guild of Guardians

price
change

Discover Guild of Guardians's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Guild of Guardians?

Guild of Guardians (GOG) is a mobile blockchain RPG that combines fantasy and action elements, allowing players to build and lead a team of Guardians to earn rewards and defeat foes. The game utilizes the GOG token, an ERC-20 token, as its in-game currency, utility, and governance token. Players can earn GOG tokens through gameplay, use them to mint NFTs, and participate in governance and voting. The game is built on the Ethereum IMX zkEVM blockchain and offers a free-to-play model, making it accessible to a wide audience.

How is Guild of Guardians used?

The crypto Guild of Guardians (GOG) token is used to enhance and deepen the gaming experience within the Guild of Guardians ecosystem. Here are some key uses of the $GOG token:

  1. Minting Assets: The $GOG token is used to mint gaming NFTs, unlocking NFT ownership and tradeability, as well as additional in-game features and perks.

  2. Access to Altar of Sacrifice: The Altar is a web-based minting system designed for web3 users that aims to assist in balancing the game’s economy. The $GOG token is used to power Altar transactions and pay for primary creation fees and minting fees.

  3. Active Staking: Active participants in the ecosystem may receive a loyalty bonus.

  1. Payment: Guild of Guardians NFTs can be bought and sold in $GOG via the NFT marketplace. A portion of the marketplace fee must be paid in $GOG Token and is sent for Active Staking rewards.

  2. Governance: In the future, it is planned that token holders will be able to vote on game decisions via decentralized governance.

Players can earn $GOG tokens by competing in the game's leaderboards and other challenging in-game activities, as well as through discretionary community rewards for activities that enrich the Guild of Guardians ecosystem. Additionally, $GOG tokens can be purchased on popular exchanges such as OKX and Sushiswap.

How do I store Guild of Guardians?

To store Guild of Guardians (GOG) tokens, you can use a digital wallet such as MetaMask. This wallet is recommended for migrating your GOG tokens to zkEVM, ensuring secure storage and management of your tokens.

How to buy Guild of Guardians?

To buy Guild of Guardians (GOG) tokens, follow these steps:

  1. Choose a Crypto Exchange: Select a reliable and trustworthy crypto exchange that supports GOG purchases. Popular options include CoinEx, OKX, gate.io, and KuCoin. Consider factors such as ease of use, fee structure, and supported payment methods when choosing an exchange.

  2. Create an Account: Register a free account on the chosen exchange. Provide the required personal information, including your name and email address. You may need to complete Know Your Customer (KYC) verification to increase withdrawal limits and unlock additional features.

  3. Verify Your Account: Complete the KYC verification process if required. This typically involves providing identification documents and proof of address.

  1. Add a Payment Method: Set up a payment method such as a credit/debit card or bank account. The specific information needed may vary depending on your bank's security requirements.

  2. Buy GOG: Use your added payment method to purchase GOG tokens. You can buy GOG directly with fiat currency if supported or first purchase a popular cryptocurrency like USDT and then exchange it for GOG.

  3. Store Your GOG: Ensure you have a secure crypto wallet to store your GOG tokens. You can use the exchange's built-in wallet or a third-party wallet like Trust Wallet.

Alternatively, you can also buy GOG through a decentralized exchange (DEX) by connecting your crypto wallet and using your Binance account to facilitate the transaction.

Discover
Guild of Guardians
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of Guild of Guardians

Guild of Guardians (GOG) is a multiplayer fantasy action RPG that combines mobile gaming with blockchain technology. The game was developed by Stepico Games, a Ukrainian studio with a team of over 80 designers, artists, and developers, and published by Immutable, a blockchain gaming startup backed by prominent investors such as Galaxy Digital, Naspers, and Coinbase.

The game's vision is to become the world's most popular RPG, where players can assemble a team of Guardians and earn rewards in the process. Guild of Guardians aims to build an in-game economy that is compelling for players to participate in, using a free-to-play model to make it accessible to everyone.

Guild of Guardians initially launched on iOS and Android in 2022. The gameplay revolves around training a team of heroes to collect resources and engage in challenges. The collected resources are 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.

Since mid-2020, Guild of Guardians has gained significant popularity, with over 220,000 followers across different social media channels. The game's first NFT Founder sale was highly successful, raising over $4.6 million for game development.

Discover
Guild of Guardians
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How Guild of Guardians works

Guild of Guardians (GOG) is a mobile play-to-earn game that combines elements of role-playing games (RPGs) and blockchain technology. Here's an overview of how it works:

Gameplay

In GOG, players take on the role of heroes, navigating through dungeons and collecting resources. These resources are used to craft valuable items and heroes, which can be sold for real money. The game has various modes, including Adventure and Endless, where players can battle and earn rewards.

GOG Token (Gem)

The GOG token, also known as Gem, is an ERC-20 token that serves as the in-game currency, utility, and governance token. It is used for various purposes within the game:

  • Reward Players: Gems are given as rewards for in-game achievements and events, encouraging player retention and providing a play-and-earn mechanism.
  • Align Incentives: Gems are used to incentivize community members, developers, and content creators to contribute to the game's growth.
  • Governance: Gem holders can participate in the management of the project through voting.
  • Economy Regulation: Gems help maintain a sustainable play-to-earn economy by regulating the distribution of rewards and the minting of NFTs.
  • Minting NFTs: Gems are required to mint in-game NFTs when items are merged, crafted, or ascended.
  • Buying Assets: Gems are used to purchase assets in primary sales or as fees in secondary sales.
  • Staking: A percentage of fees collected in the game is distributed back to players as staking rewards.
Token Distribution

A total of 1 billion Gems will be issued over four years, with a circulating supply designed to promote long-term growth and sustainability. The token distribution schedule is structured to incentivize players and contributors to the game.

Blockchain Integration

GOG is built on the Ethereum IMX ZKevm blockchain, which enables the use of blockchain assets and web3 features. Players can earn GOG tokens by participating in the game and use them for various activities within the ecosystem.

Play-to-Earn Mechanics

Players can earn money in GOG through several methods:

  • Find, Flip, Combine, and Create NFTs: Players can collect and combine heroes and items to create more powerful NFTs, which can be sold on the marketplace.
  • Leaderboard Rewards: Players can earn rewards by ranking high on leaderboards.
  • Daily Tasks: Completing daily tasks provides additional rewards.
  • Collect and Sell Loot: Players can collect and sell loot items.
  • Daily Gems Rewards: Players receive Gems as daily rewards.

Overall, Guild of Guardians combines engaging gameplay with blockchain technology, offering players a unique play-to-earn experience.

Discover
Guild of Guardians
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Guild of Guardians's strengths

The token Guild of Guardians (GOG) has several strengths that contribute to its potential success:

  1. Utility Token: $GOG is a utility token with multiple use cases across the Guild of Guardians ecosystem. It can be used for minting gaming NFTs, accessing the Altar of Sacrifice, participating in Active Staking, making payments in the NFT marketplace, and even for governance and voting purposes.

  2. Reward Distribution: The token is distributed through various means, including leaderboard rewards, community rewards, and Active Staking. This encourages players to engage in competitive gameplay and contribute to the community, fostering a sense of participation and investment.

  3. Governance: The token allows for decentralized governance, where holders can vote on proposals related to token reserves, developer grants, and other ecosystem decisions. This gives the community a voice in shaping the game's future.

  1. Economic Balance: The game's design aims to maintain economic balance by controlling token distribution and incorporating token sinks. This helps to prevent inflation and ensures that the token's value is tied to the game's performance and player engagement.

  2. Multi-Platform Availability: $GOG can be purchased on various exchanges, including OKX and Sushiswap, making it accessible to a wide range of investors and players.

  3. Strong Community: Guild of Guardians has a significant following across social media platforms, indicating a strong and engaged community that can drive the game's growth and adoption.

These strengths position $GOG as a token with a clear purpose and potential for long-term value accrual, making it an attractive option for investors and players alike.

Guild of Guardians's risks

Guild of Guardians (GOG) is a cryptocurrency project that involves a mobile game and an ERC-20 token. The financial risks associated with GOG are primarily related to market volatility and investment decisions.

Market Volatility

Cryptocurrency prices are known to be highly volatile, and GOG is no exception. The value of GOG can fluctuate rapidly, leading to potential losses for investors. This volatility is inherent to the cryptocurrency market and can be influenced by various factors such as supply and demand, global economic conditions, and regulatory changes.

Investment Risks

Investing in GOG carries risks similar to those associated with other cryptocurrencies. The project's whitepaper emphasizes that any acquisition or use of GOG tokens should be undertaken at the user's own risk, and investors are encouraged to conduct their own research and seek professional advice before making any decisions.

Regulatory Risks

As with any cryptocurrency, GOG is subject to regulatory risks. Changes in laws or regulations governing cryptocurrencies can impact the project's viability and the value of the token. Investors should be aware of these potential risks and stay informed about regulatory developments that may affect GOG.

Liquidity Risks

GOG's liquidity can be a concern, especially if it is not listed on major exchanges. Investors may face difficulties in buying or selling the token, which can lead to losses or missed opportunities. It is essential to research the liquidity of GOG before investing.

Smart Contract Risks

As GOG is an ERC-20 token, it relies on smart contracts. Any vulnerabilities or bugs in these contracts can lead to security risks, potentially resulting in financial losses for investors. It is crucial to ensure that the smart contracts are secure and well-maintained.

Governance Risks

GOG's governance structure, including its decentralized governance mechanism, may also pose risks. The effectiveness of this governance system in managing the token's ecosystem and making decisions that benefit all stakeholders can impact the token's value and overall success.

In summary, investing in Guild of Guardians (GOG) carries various financial risks, including market volatility, investment risks, regulatory risks, liquidity risks, smart contract risks, and governance risks. Investors should carefully consider these risks and conduct thorough research before making any investment decisions.

Discover
Guild of Guardians
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did Guild of Guardians raise funds?

Discover
Guild of Guardians
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Guild of Guardians’s team

  • Derek Lau: VP & Game Director for Guild of Guardians, overseeing the game's development and partnerships.
  • Justin Hulog: Chief Studio Officer for Immutable Games, responsible for the overall strategy and direction of the game.
  • Priya Keshyap: Executive Producer for Guild of Guardians, leading game development and ecosystem growth.
  • Josiah Wallace: Lead Game Designer, responsible for designing the game's mechanics and features.
  • Chris Clay: Former Director of Magic: The Gathering Arena, now leading Immutable Games, the publisher of Guild of Guardians.

Whalee AI

The fundamental analysis assistant for crypto value investors.

Latest news

Want an analysis of Guild of Guardians? Tell us on discord.

Help us improve!
Tell us what you think of this page and which features you would like to see next.
OPEN FORM