After that, though, the price then fell down and it was trading at $4.34 at the end of the year. Not even a contracting market caused by concerns surrounding the omicron variant of Covid-19 could stop it reaching an all-time high of $8.83 on December 10, the day after the token was listed on Coinbase. By the end of the month, though, there was a recovery to a closing price of $6.65. By 3 November, it was worth $7.74 and then spiralled down somewhat, reaching a low of $4.04 on 9 November. At the start of trading on 30 October it was worth $4.60, and it experienced an intraday high of $6.08, a low of $2.95 and it finished the day at $4.80. That said, the token was not immune to the volatility that we often see in newly launched cryptos. When GODS first come onto the open market in October 2021, the market was just preparing to go on a bullish run, boosted by Bitcoin reaching record highs. While past performance should never be taken as an indicator of future results, having some understanding of how the token has behaved in the past can help us if we want to either examine a Gods Unchained price prediction, or make our own.
Now it’s time to examine the GODS price history. People who hold GODS are able to vote on proposals relating to the token, too. It is also used to make in-game purchases and is paid out as a reward to players. The GODS token can be used to create in-game NFTs, and can also be bought, sold and traded on exchanges. The game was launched in March 2021, with the first tokens released onto the open market later that year. Gods Unchained was founded by Chris Clay, the Australian former game director of Magic: The Gathering Arena and fellow Australians and brothers James and Robbie Ferguson, who were responsible for the creation of Immutable X. That said, you will hear references from time to time to the Gods Unchained coin. Since it is based on the Ethereum blockchain, it is a token, rather than a coin, technically speaking. GODS is the native token of Gods Unchained.
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The platform’s whitepaper says that its online marketplace offers full digital ownership of in-game items through an ERC-721 token standard, meaning that they can be embedded in third -party games. All gameplay occurs off-chain, which means that there are no transaction fees.įantasy cards can be bought and sold through Immutable X, the game studio behind Gods Unchained, or on the TokenTrove marketplace. Gods Unchained features in-game collectibles such as cosmetic skins and weapons. The game comes complete with several pre-built decks. Ownership of cards, which are NFTs, is guaranteed by smart contracts, computer programs which automatically execute once certain conditions are met. Users can purchase, sell or trade fantasy cards and earn rewards by taking part in duels. Basically speaking, it is a free-to-play online card trading game which is based on the Ethereum blockchain. At present, a great many metaverses are built on the blockchain and feature their own native crypto tokens. When you buy a non-fungible token, you basically own the rights to a link to the artwork, which can be kept, traded, or sold.Īs far as the metaverse is concerned, it is, fundamentally, a virtual world that people can log into and share experiences. In case you did not know, NFTs are, to put it incredibly simply, like collectable, unique, pieces of digital artwork. In the world of cryptocurrency, perhaps the biggest developments over the past couple of years have come in the forms of non-fungible tokens ( NFTs) and play-to-earn metaverse games. So what is Gods Unchained ( GODS)? Let’s take a lookt, and also examine Gods Unchained price predictions. Gods Unchained gives people the chance to earn crypto by playing a game.
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