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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Gods Unchained is on the rise this week.
The price of Gods Unchained has risen by 5.16% in the past 7 days. The price declined by 3.27% in the last 24 hours. In just the past hour, the price grew by 0.61%. The current price is $0.41958 per GODS. Gods Unchained is 95.25% below the all time high of $8.83.
The current circulating supply is 77,356,229 GODS.
GODS is an Ethereum token that powers Gods Unchained, a blockchain-based trading card game. GODS can be used to craft NFTs and other digital items within Gods Unchained as well as vote on the future of the platform.
What Is Gods Unchained (GODS)?
is a play-to-earn card game where players compete in duals using fantasy cards. According to its , the platform encourages players to outsmart their opponents using strategies to combat the game. The network allows players to own digital items and trade their cards within or beyond the game, like holding real cards. The platform aims to allow users who quit the game to recoup their investment by selling their in-game purchases.
Interestingly, the Gods Unchained platform is one of the early movers of the crypto and -based gaming space. Traditionally, players bought items from a game store that users cannot trade outside the gaming ecosystem. In contrast, the Gods network enables players to use in-game items as or digital assets, which can be used in the game or resold for cash and even embedded in third-party games and tools. The ability to earn tangible rewards is crucial to the game's growth. The designers conceptualized Gods Unchained to hold economic value to players, thereby boosting participation and strengthening the platform. The in-game items have value beyond the game ecosystem as real-world tradable assets.
Further, the platform developers aim to build a path-breaking online game for players using secure network. However, Ethereum allows limited scalability, and transactions take longer to execute while incurring high gas fees. With these bottlenecks, NFT trading couldn't thrive. As a result, the game developers chose , an Ethereum protocol that supports NFTs with zero gas fees, instant trades, and scalability. Since Gods Unchained NFTs reside on Immutable X, it enables quick and secure trading, making the game accessible to players and collectors.
Meanwhile, the native currency of the platform is , an . As the core currency within the game, GODS seeks to craft new NFTs. GODS tokens, which are created directly on Immutable X, can be used to fuse in-game cards into NFTs. These cards can subsequently be traded on Ethereum layer 2, giving consumers full ownership of their digital assets. In Gods Unchained, the Forge allows players to create new NFTs that may be utilized in the game or sold on the market. When a user uses the Forge to create a new NFTs, they need a combination of GODS tokens and in-game assets. The GODS Staking Rewards Pool receives GODS tokens consumed by the Forge. After that, all users who qualify as active stakers receive these tokens. Additionally, as a governance token, GODS allow players to contribute to the game's future development and play an essential role in directing the ship. The platform enables users to employ GODS tokens for in-game purchases.
History of Gods Unchained
Brothers launched the beta version of Gods Unchained on Ethereum in 2018. This is the second blockchain game of the duo, following the debut of Etherbots and the formation of the firm Fuel Games. James and Robbie are also CEOs of Immutable. Chris Clay, former game director of Magic: The Gathering Arena, is the CEO of Gods Unchained and one of the leaders within Immutable. The platform released its whitepaper in September 2021.
How Are New GODS Created?
Since Gods Unchained is based on Ethereum and GODS is an ERC20 token, the game uses a mechanism to forge new GODS tokens. is a crucial feature of the game that distributes rewards in GODS to active users. Token holders who actively stake while participating in governance activities can receive GODS tokens awarded from the rewards pool. The token also helps grow the Gods Unchained economy by allowing users to receive staking incentives for completing in-game campaigns.
How Many GODS Tokens Are There?
According to its whitepaper, GODS tokens have a total supply capped at 500,000,000. A public token sale was held to sell 35,000,000 GODS tokens (7% of the total). Besides raising funds for the game, the public sale fosters early token adoption and increases its value for all ecosystem participants. 170,000,000 GODS tokens, 34% of the total supply, are earmarked for play-to earn rewards for gamers.
How to Buy GODS Tokens
You have a lot of options when it comes to buying Gods Unchained (GODS), including Coinbase's centralized exchange anywhere Coinbase is available.
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What is the current price of Gods Unchained?
The price of 1 Gods Unchained currently costs $0.42.
What is the market cap of Gods Unchained?
The current market cap of Gods Unchained is $32.42M. A high market cap implies that the asset is highly valued by the market.
What is the all time high of Gods Unchained?
The all-time high of Gods Unchained is $8.83. This all-time high is highest price paid for Gods Unchained since it was launched.
What is the 24 hour trading volume of Gods Unchained?
Over the last 24 hours, the trading volume of Gods Unchained is $6.01M.
What other assets are similar to Gods Unchained?
How many Gods Unchained are there?
The current circulating supply of Gods Unchained is 77 million.
What is the typical holding time of Gods Unchained?
The median time that Coinbase customers hold Gods Unchained before selling it or sending it to another account or address is 8 days.
What is the relative popularity of Gods Unchained?
Gods Unchained ranks 126 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
What is the current trading activity of Gods Unchained?
Currently, 61% of Coinbase users are buying Gods Unchained. In other words, 61% of Coinbase customers have increased their net position in Gods Unchained over the past 24 hours through trading.
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