GuildFi

GuildFi (GF) is a cryptocurrency that has undergone significant changes and developments in its history. Initially known as GuildFi, the project rebranded to Zentry on April 23, aiming to create a game superlayer that rewards all types of gamers. This rebranding marks a significant shift in the project's focus and goals.

GuildFi's price history shows notable fluctuations. On February 8, 2024, the Open price was $0.1636, which increased to $0.5038 on March 7, 2024, representing a 207.87% price rise over that period. The High price also rose from $0.2258 to $0.5841, a 158.69% increase. The lowest price during this period escalated by 209.82%, from $0.1617 to $0.5011. The Close price increased by 170.43%, from $0.2067 to $0.5590.

The project's market capitalization has also seen significant growth. During the same period, the market capitalization increased by 191.62%, from $111,123,394 to $324,058,586. This growth indicates a substantial increase in the value of the cryptocurrency.

GuildFi has a circulating supply of 56.41 million tokens, with a maximum supply of 1 billion tokens. The project has received backing from notable investors such as Hashed, Defiance Capital, Pantera Capital, Coinbase Ventures, Animoca Brands, and Alemeda Research.

In terms of trading, GuildFi tokens can be traded on decentralized exchanges, with Uniswap V2 (Ethereum) being the most popular exchange. The trading volume has seen fluctuations, with a recent decline of 75.60% in the last 24 hours.

Overall, GuildFi's history reflects significant changes in its brand and focus, along with notable price and market capitalization growth.

GuildFi (GF) is a cryptocurrency that operates within a metaverse gaming platform designed to maximize player benefits and lower entry barriers to GameFi. Here's an overview of how it works:

GuildFi is an interconnected ecosystem that combines games, communities, and digital collectibles. It aims to provide a seamless experience across the Metaverse by enabling interoperability and maximizing yields for users. The platform includes various components such as P2E games, P2E guilds, scholarship programs, and a treasury zone, all of which contribute to the value of the $GF token.

The $GF token is the core index that captures value from all activities and money flows within the GuildFi ecosystem. Its value grows in proportion to the growth of the platform and its operations. Revenue-generating activities like P2E games, guilds, and scholarship programs, as well as the sale of tokens, NFTs, and IGOs, contribute to the token's value. Additionally, activities in the treasury zone, such as successful growth funds, also impact the token's value.

The staking mechanism for $GF is based on a vote-escrow system, similar to CRV and veCRV. When token holders stake their $GF tokens, they receive sGF tokens, which determine their voting power. The longer the tokens are locked, the more sGF tokens are received. This system differentiates between long-term believers and short-term speculators. sGF tokens not only provide governance power but also offer additional benefits such as increased chances of winning IGO tickets, early access to new P2E games, and boosted rewards through a proof-of-play mechanism.

The total supply of $GF tokens is 1,000,000,000, with a circulating supply of 42,185,071. The token release schedule includes vesting periods, ensuring a controlled distribution of tokens over time.

The GuildFi ID is a unique identifier that tracks a player's performance and footprint in the gaming ecosystem. It also displays the number of sGF tokens held, serving as a form of recognition within the GuildFi community. The tools zone provides various features and tools for players, scholars, and guilds, with access scaling based on the number of sGF tokens held.

To buy GuildFi (GF), users need to follow a series of steps:

1. Choose a Crypto Wallet: Select a reliable crypto wallet that supports the blockchain where GuildFi resides.
2. Set up the Wallet: Create an account, provide personal information, and set a strong password. Note the secret recovery phrase or seed words.
3. Buy a Base Currency: Purchase a base currency like Bitcoin, Ethereum, or Tether on a cryptocurrency exchange platform.
4. Transfer Funds to the Wallet: Withdraw the base currency to the crypto wallet.
5. Choose a Decentralized Exchange (DEX): Select a DEX that supports the wallet and the blockchain where GuildFi resides.
6. Buy GuildFi (GF): Connect the wallet to the DEX and trade the base currency for $GF tokens.

Investing in cryptocurrencies like GuildFi carries high market risks and price volatility. It is essential to understand the associated risks, diversify your portfolio, and consult financial advisors before making investment decisions.

The token GuildFi (GF) has several strengths that contribute to its value and potential growth. Here are some of the key strengths:

1. Utility Token: GF is the utility token of the GuildFi platform, which means it has direct value accrual within the ecosystem. The token's value grows in direct proportion to the growth of the platform.

2. Governance Token: GF acts as a governance token, allowing holders to vote on various matters regarding GuildFi's direction. This gives token holders a significant say in the platform's development and future.

3. Staking Benefits: GuildFi's staking program provides GF token holders with short- and long-term gains, as well as daily rewards. This incentivizes holders to participate in the platform's growth and maintenance.

4. Interoperability: GuildFi aims to create an interconnected ecosystem of games, NFTs, and communities, enabling seamless interactions across the metaverse. This interoperability can increase the token's value by expanding its use cases and user base.

5. Solving GameFi Issues: GuildFi addresses common problems in the GameFi space, such as difficulties in getting started and the inability to transfer rewards between games. By solving these issues, the platform and its token can attract more users and increase adoption.

6. Strong Founding Team: GuildFi was founded by a team of experts in the GameFi and cryptocurrency world, which lends credibility and expertise to the project.

These strengths collectively contribute to the potential value and growth of the GuildFi token.

GuildFi (GF) carries several financial risks that investors should be aware of. These risks include:

• Credit Loss Risk: The company may not be able to fully assess the credit rating of its customers, which may result in credit losses. Additionally, the solvency of the company’s clients may decrease, leading to an increase in credit losses.
• Liquidity Risk: The company may not be able to generate sufficient liquid assets to maintain its liquidity, which could negatively impact its operations.
• Legal Risks: The company operates in a heavily regulated industry, and changes in laws and regulations may affect its operations, leading to legal difficulties.
• Technology Risks: Failure or significant disruption of the company’s technological infrastructure could adversely affect its business.
• Economic Risks: Economic instability in the countries where the company operates may negatively impact its operations, loan receivables, profits, financial situation, liquidity, and sources of capital.
• Market Volatility: GuildFi is a high-risk investment with significant volatility, making it suitable only for investors with a high tolerance for risk and a strong financial position.

These risks highlight the importance of thorough research and careful consideration before investing in GuildFi.

• Jarindr: Co-founder of GuildFi, mentioned in a post discussing the final distribution of GF tokens from their seed round and upcoming tokenomics updates.