CryptoGuards (CGAR) is one of the projects of the CryptoCity ecosystem. According to the whitepaper, the CryptoGuards ecosystem is a virtual world parallel to the real one where people connect with projects. Binance Smart Chain (BSC) is a blockchain network that improves the functionality of smart contracts. The users can access the metaverse with a mobile, computer, or other device; explore graphics and sounds; or become social. Users can also engage in racing games or fly in the sky with CryptoPlanes. The players can own valuable supercars, modern fighter jets, fighting guns, and workshops to enhance the gaming experience. Additionally, CryptoCars, CryptoPlanes, and CryptoGuards in the CryptoCity have additional gaming features, modes, and developments. The ecosystem aims to bring the best of virtual reality for the users.
The project involves guardians who own a powerful gun represented as non-fungible tokens (NFTs). The NFTs follow BEP-721 token standards that help players manage their NFT across the ecosystem. BEP-721 is a BSC token standard where users can tokenize their ownership of the data and may be used to represent collectible NFT items. Further, every guardian goes through a rigorous training model that trains the players and helps them earn valuable tokens and experience. Players can sell armor equipment and guns in the game and earn benefits. Besides, players can also purchase boxes to open guns, armor equipment to upgrade the owned guns, or purchase guns on the marketplace.
CGAR is the token name of the CryptoGuards project deployed on BSC that obeys BEP-20 standards. BEP-20 is a BSC token standard that has compatibility and similarity with ERC-20 and BEP-2 (another BSC token standard). Players can utilize CGAR tokens to make payments and earn CGAR as rewards within the game. Apart from the game, users can utilize CGAR tokens to trade on a decentralized exchange (DEX) and engage in staking. Also, the ecosystem plans to use all the trading fees for increasing marketing funds, research and development, and bonuses for employees.
By 2022, the ecosystem plans to launch its lottery and marketplace. The ecosystem also wants to include multichain support with the Solana blockchain.