The Chain Guardians platform demonstrates willingness–a determination to bring together the best of the modern and traditional.
When technology meets the establishment and when traditional gaming fuses the capabilities of the blockchain.
Non-fungible Tokens (NFTs) are a new addition that’s wildly popular. They break down previous barriers for efficiency and better controls through the transparency of a public ledger.
The industry is projected to command billions of dollars, shaping key sectors of the real economy. The benefits of NFTs are already being felt in gaming, eCommerce, entertainment, and so much more.
Introducing Chain Guardians
Chain Guardians is inspired by the best of Anime—which is very popular in Japan (think Pokémon) and whose following extends globally—and seeks to link gamers with anime consumers.
The result is a collectible game with a cryptocurrency-meets-anime kind of theme on Ethereum.
It is a well-thought-out innovation thanks to the world’s increasing interconnectedness and the relationship between gamers and anime fans.
Often, gamers and anime consumers tend to enjoy the same things. It is not rare for anime lovers to be avid gamers. On the other hand, gamers can be active players in anime-inspired games.
Naturally, gaming would support media which in turn support brand licensing, directly benefiting gaming in one attractive virtuous cycle. Moreover, Anime as a genre is growing on its own, commanding millions of fans across the globe.
A Play-to-Earn Game Bringing out the Best of Anime, Traditional Gaming, and NFTs
Chain Guardians taps on the popularity of Anime and the relationship it has with gamers before infusing NFTs to the mix, ideally extending anime gaming to NFTs.
Because NFTs exist purely in public, transparent, and open-source blockchains, the result is a real-time gaming system that stands out due to the defining, unique style borrowing heavily from Japanese culture.
Incorporating instantaneousness, beauty, and popularity with gamers receiving rewards and owning assets all merge to form what truly defines a fan-favorite gaming platform.
Another remarkable aspect of Chain Guardians is that the game is free to play.
Whenever a player becomes part of the ecosystem, actively playing, they stand a chance to win NFTs and Chain Guardian tokens in an attractive “play and earn” environment.
Chain Guardian tokens/credits earned from in-game tasks can be used to purchase Anime NFTs.
These NFTs are valuable and can be swapped for cash via freely accessible marketplaces.
Moreover, these NFTs can be deployed and used to mine the Chain Guardian tokens—the primary currency of the ecosystem. Mining, the team said, is expendable to token rewards within and outside the ecosystem done through strategic partners.
Accordingly, it will be possible for users to import other NFTs from parallel systems into the Chain Guardian’s Colosseum.
Even so, this will depend on an array of factors, including suitability and popularity. The rarer the accepted NFT, the more powerful and valuable it is on the Colosseum.
Gaming Like Never Before
This way, the platform has rightly brought to the burgeoning NFT community competitive gameplay. Making this possible is the platform’s chain analysis technology enhanced with advanced game economics, where players are rewarded with valuable tokens.
In addition, there is the experience of delving deep into expandable and infinite metaverses. The game is live at all times.
Chain Guardian’s AI takes control whenever the player is off-line, running battles based on the individual character’s attributes.
The player-versus-environment and player-versus-player content feature is default to the game.
However, it is the role-playing game—currently at Beta– that tags a leveling system, boosting the value of NFTs and the number of CGC tokens earned. The more a player is involved, the more credits are earned, and the higher the character’s level becomes.
Chain Guardians’ assets—including weapons and armor—and characters are collectibles based on the ERC-721 standard. There are four categories of Chain Guardians’ characters– Legendary, Rare, Uncommon, and common. Each of these characters can be Guardians, Captains, Lieutenants, or Officers.
In addition, there is a hierarchy within this NFT gaming system. All Guardians tend to be Legendaries, while officers are either common or rare.
Typical with all NFTs, they are in limited supply (scarcity==value), unique, and exist on the Ethereum blockchain, therefore, preventing them from being counterfeited or illegally duplicated.
Partnership for Unparalleled Experience
Chain Guardians is building partnerships with renowned anime artists to ensure a constant “supply” or minting of NFTs to avail assets and characters.
This is meticulously done without dilution or increasing the supply of specific, by design, limited characters or assets.
Through Chainlink’s Verifiable Randomness Functionality (VRF), users can create their randomized character—an NFT boasting unique color aesthetics.
The result, therefore, is a player-controlled battle game with governable attributes determined by Chain Guardians’ algorithms.
Guardians can form alliances to take down Gate Keepers, taking control and subsequently earning power, credit, armor, and other armaments.
Chain Guardians Team
The Chain Guardians team is from gaming, Fintech, marketing, blockchain, Journalism, and more. All contribute towards a common cause of bringing forth a solution to change gaming. Notable team members are:
- Emma Liu is the co-founder and CEO with over 20 years of experience.
- Robbie Cochrane is the co-founder and COO with more than 30 decades in gaming.
- Idon Liu is the co-founder and an NFT Professor. He is a seasoned entrepreneur and a blockchain veteran.
The team is advised by among others:
- Michael Gu of cryptomining
- Danilo Carlucci previously worked as the Head of Community for YouTube.
- Deeban Ratneswaran, an academic and heavy investor in several NFT and DeFi projects.
Some of the project’s early investors include Morningstar Ventures, Moonrock Capital, Genblock Capital, AU21 Capital, and others.
Besides, the project has integrated with many other in the space, including Elrond, Polygon, OpenSea, Bondly, Orion, and many more.
Chain Guardians Tokenomics and Performance
There are two tokens in the Chain Guardian’s ecosystem: The Chain Guardians Credits (CGC) and the Chain Guardians governance token (CGG).
CGC can be converted to the CGG token
CGC is earned from in-game rewards in RPG, while CGG is useful in governance. This arrangement offers active players a value incentive to own CGG tokens to vote on proposals that directly influence the project.
It also means holders can determine how powerful future guardians will be or, generally, the ecosystem’s tokenomics, the hash rate for NFT miners, staking APY, and more by holding the CGG token.
The CGG token has a liquidity pool directly backed by the POWER token, enabling holders to earn POWER over time.
There are 120 million CGG tokens as total supply. Distribution is as follows:
- 45 percent set aside for the community
- 23 percent to Team and Advisors
- 19 percent to Early Supporters
- 11 percent to Ecosystem development
- 1 percent to Public Sale
Slightly over 29.2 million CGG tokens are in circulation, each trading at $1.31, translating to a market cap of $38.2 million.
Out of this, there are 6,031 holders, according to Etherscan.
There are 15 active markets for CGG. However, active trading is on Uniswap V2 and KuCoin, where the token is paired against ETH and USDT.
In all, the project has raised $1.416 million in several pre-sale and private sale campaigns. The IDO at Polkastarter saw the project receive $216k from 600 participants.
At spot rates, investors are up 10X, acquiring the coin at $0.12.
Chain Guardians (CGG) Catalysts
- Less than six months after listing, CGG is available for trading in over 15 markets, of which Uniswap is the most active. Subsequent listing in other CEXes like Binance may see the token’s valuation erupt.
- Chain Guardians’ valuation holds at over $38 million, a relative undervaluation versus gaming and NFTs as a whole.
- Chain Guardians is led by a team with over 50 years of accumulated experience spanning development, blockchain, marketing, journalism, and more.
- There is extra utility in holding CGG—the token can be used to purchase NFTs on OpenSea. This rids the need to acquire ETH, fueling demand for the CGG token.
- CGG tokens can be used to invest in other startups. Chain Guardians power ChainBoost—a DeFi and NFT oriented boostpad and incubation protocol. The popularity of the ChainBoost would inevitably help pump CGG token prices.
- Though building some of its distinct gaming modes, Chain Guardians is in the top-15 play-to-earn games as ranked by CoinGecko.
- The development team continues to build, meeting some of their Roadmap milestones, an indication of determination and will to launch one of the best platforms out there.
- The project has solid funding backing from crypto funds like Moonrock Capital—based in London and Hamburg—including Polkastarter, PolkaMarkets, and more.
- The RPG game is in Alpha, while the 3D PvP will be released as an MVP or Alpha by Q4 2021.
- The team’s decision to launch NFT mining makes it the first in the space. It would encourage adoption since participants are rewarded with more NFT—an ingenious way of building a “Loyalty System.”
- A big chunk of CGG tokens is vested and would be released gradually. Only one percent of the total supply was distributed to IDO investors.
- Chain Guardians continues to build partnerships, integrating various protocols like Chainlink, Decentraland, and more into their ecosystem to improve and enhance user experience.
- Chain Guardians has been integrated into various blockchains—Polygon and the Binance Smart Chain (BSC)—besides Ethereum. This way, playing is relatively cheaper and highly responsive.
- The project has more promotions where CGG holders stake their tokens. The ongoing Guardian Program is meant to relay Chain Guardians’ “gratitude and commitment” to early adopters. Participants have to lock at least 500 CGG tokens for six months.
- The protocol is committed to security–its code is being audited by CertiK—one of the sphere’s leading blockchain security firms.