What Is CryptoMines Classic (NGT)?
CryptoMines' classic is a game that is also known as CryptoNuggets. CryptoNuggets is a play-to-earn NFT (non-fungible token) game with a western theme intended to offer players an enjoyable experience by accumulating Miners and Mounts as they travel through the Wild West. All of their NFTs utilize the ERC-721 token standard.
The whitepaper mentions that CryptoNuggets is based on CryptoMines' basic gameplay and economic concepts, with several changes and additions to make the game more enjoyable and sustainable. The game is built on the Binance Smart Chain and works with any Web3 wallet that can interface with smart contracts such as Metamask or TrustWallet. Metamask is a cryptocurrency wallet that allows users to send and receive Ethereum-based tokens. On the other hand, Trust Wallet is an Ethereum-based wallet storing BEP2, ERC20, and ERC721 tokens.
The native token of the game is "Gold Nuggets," and the ticker name of the token is "NGT." Gold Nuggets (NGT) is an ERC20 token. The players hunt for Gold Nuggets (NGT), a mineral that permits them to survive another day while making money in the process. Users gain Miners and Mounts in CryptoNuggets to explore and mine Gold Nuggets (NGT) in 30 different mines. Miners and Mounts are required to locate Gold Nuggets (NGT). Each miner has their Mining Power (MP), and the combined MP of all of their miners determines which mines they may investigate to discover Gold Nuggets (NGT).
Miners (or Convoy) have a chance to uncover Gold Nuggets (NGT) tokens after each exploration. Each mine has a Mine Power requirement that the Miners' team must meet before starting the process. The higher the MP requirement, the more complex the rewards, but less likely the players succeed. Miners and Mounts are required to rest for 24 hours after exploring a mine before embarking on a new adventure.
History of CryptoMines Classic (NGT)
CryptoNuggets is a fan project and the token's distribution was allocated to the game's balance, which is 85%. Apart from this, 10% of the remaining 15% tokens were used for initial liquidity offering (ILO). Moreover, 3% of the tokens were used for marketing purposes and the remaining 2% were allocated to the game developers. The maximum total supply of the Gold Nuggets (NGT) is 5,000,000 coins.