Gods Unchained (GODS) coin issuance time

Gods Unchained's token (GODS), with an initial supply of 500 million, was issued on August 30, 2022, and is primarily allocated to community rewards, game incentives, and long-term stakeholders.

Dec 24, 2024 at 02:34 am

Key Points:

• Overview of Gods Unchained (GODS) and its issuance details
• Factors influencing GODS issuance and distribution
• Benefits and limitations of holding GODS during different issuance stages
• Strategies for maximizing GODS acquisition and utilization
• FAQs on GODS issuance

Gods Unchained (GODS): Coin Issuance Time and Distribution

Introduction:
Gods Unchained (GODS) is a native token of Gods Unchained, a popular play-to-earn collectible card game built on the Ethereum blockchain. The issuance of GODS plays a crucial role in the game's economy and player incentives.

Issuance Timeline:
GODS was launched on August 30, 2022, with an initial supply of 500 million tokens. The issuance schedule follows a pre-determined allocation plan, ensuring the fair distribution of tokens among various stakeholders.

Token Distribution and Allocation:

• Community Rewards: 40% of GODS is allocated to community rewards, distributed through gameplay, quests, and competitions.
• Game Protocol Incentives: 30% is earmarked for game protocol incentives, supporting the development and maintenance of the Gods Unchained ecosystem.
• Private Sale Investors: 15% was sold to private investors in a private sale held before the token launch.
• Public Sale: 10% was offered in a public token sale, allowing the community to participate in the token distribution.
• Advisors and Contributors: 5% is allocated to advisors and contributors who contributed to the project's early development.

Benefits and Limitations of Holding GODS at Different Stages:

• Early Holders: Holding GODS during the early issuance stages, such as private and public sales, can potentially lead to significant gains if the token's value appreciates. However, it also carries higher risks due to market volatility.
• Active Gamers: Players who actively participate in the game can earn GODS through gameplay rewards, quests, and tournaments. Holding GODS allows them to utilize the token for in-game purchases, such as card packs and upgrades.
• Stakeholders: Staking GODS within the game protocol can generate additional rewards and voting rights, enhancing the token's utility and value for long-term holders.
• Speculators: GODS, like other cryptocurrencies, can be subject to price fluctuations driven by market sentiment and speculative trading. Short-term holders may consider trading GODS to profit from price movements.

Strategies for Maximizing GODS Acquisition and Utilization:

• Play Actively: Consistent gameplay and participation in events can yield regular GODS rewards, increasing your accumulation.
• Complete Quests and Challenges: Dedicated players can complete daily and weekly quests, as well as challenges, to earn additional GODS.
• Participate in Tournaments: Performing well in tournaments and winning prizes can also net you GODS rewards.
• Stake Your Assets: Staking GODS can generate passive income and provide voting rights, further increasing the token's utility and value.
• Monitor Market Trends: Keep an eye on market conditions and token price movements to determine the most opportune times to acquire or sell GODS.

FAQs on GODS Issuance:

Q: When was GODS issued?
A: GODS was issued on August 30, 2022.

Q: What is the initial supply of GODS?
A: The initial supply of GODS was 500 million tokens.

Q: Who are the major holders of GODS?
A: The largest holders of GODS are the project team, community members, and long-term investors.

Q: How can I acquire GODS?
A: GODS can be acquired through gameplay, staking, trading on exchanges, or participating in community events.

Q: What are the benefits of holding GODS?
A: Benefits include earning gameplay rewards, staking incentives, in-game utility, and potential for capital appreciation.

Q: Are there any risks associated with holding GODS?
A: Like all cryptocurrencies, GODS is subject to market volatility, investment risks, and potential security concerns.