Guild of Guardians Launches $GOG Tokens
Guild of Guardians, a mobile RPG with play-to-earn features, launches worldwide. Players collect $GOG tokens and battle to save Elderym.
Guild of Guardians enables users to acquire $GOG tokens and ERC-20 tokens with universe-wide and inter-species utility. Participants in play-to-earn games can redeem their rewards for cash.
Immutable Games announced that Guild of Guardians, its signature title, has more than one million pre-registered users. In conjunction with the mobile release, the gaming company is releasing a cinematic launch trailer and a behind-the-scenes glimpse at the development of Guild of Guardians.
The Inevitable Games Fund supports the Guild of Guardians in addition to Pixelmon, Metalcore, and My Pet Hooligan. King River Capital, an Australian venture capital firm, established the $100 million fund in collaboration with Immutable, a blockchain gaming company, and Polygon Labs.
Elderym, a fantastic realm that the Dread is dangerously close to destroying, is open to exploration by members of the Guild of Guardians. Players must assemble a group of Guardians and embark on a virtual adventure to conquer the darkness and save the universe.
In a press release, Immutable Games’ chief studio officer, Justin Hulog, stated, “This launch is the culmination of years of development and community building, and we can’t wait to show players a mobile game with dynamic gameplay, intuitive mechanics, and a sustainable rewards system.”
The Guild of Guardians website states that the $GOG tokens may be utilized to produce gaming NFTs, granting NFT holders access to supplementary in-game features and benefits.
NFTs may be purchased and sold on the NFT marketplace using $GOG; 20% of the marketplace commission charged by the publisher must be settled in $GOG tokens; the remainder is allocated to active staking rewards. In the future, token holders can vote on game decisions via decentralized governance, according to the Guild of Guardians.
It is possible to acquire $GOG on OKX and Sushiswap.
Funding for Web3 gaming initiatives has increased in 2024. The Silicon Valley-based venture capital firm Andreessen Horowitz (a16z), founded by Marc Andreessen and Ben Horowitz, announced in April that it will invest about $30 million in gaming businesses this year.
Andrew Chen, a general partner for a16z Games, announced the funding via the social media platform X. Chen stated that the organization intends to designate $30 million for investments via its a16z Speedrun program, with each startup receiving $750.
The shortlisted candidates will receive notification by the end of July, and the funding application deadline is May 19.
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