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When was the Gods Unchained (GODS) coin issued?
The GODS token was issued on October 12, 2021, coinciding with the launch of the Gods Unchained collectible card game on the Immutable X blockchain.
Dec 22, 2024 at 10:14 am
When Was the Gods Unchained (GODS) Coin Issued?
Key Points
- History and overview of Gods Unchained
- GODS token issuance date
- Utility and value of the GODS token
- Token distribution and allocation
- FAQs related to GODS
History and Overview of Gods Unchained
Gods Unchained is a free-to-play, collectible card game that runs on the Immutable X blockchain. The game was developed by Immutable, a leading blockchain gaming company, and launched in October 2021. Gods Unchained incorporates non-fungible tokens (NFTs) into its gameplay, allowing players to truly own and trade their digital cards.
GODS Token Issuance Date
The GODS token was issued on October 12, 2021, alongside the launch of Gods Unchained. The token serves as the native currency within the Gods Unchained ecosystem, enabling transactions and governance functions.
Utility and Value of the GODS Token
The GODS token plays several vital roles within the Gods Unchained ecosystem:
- In-game transactions: GODS is used to purchase card packs, enter tournaments, and trade with other players.
- Staking: Players can stake GODS tokens to earn rewards through governance participation and gameplay.
- Governance: GODS token holders can participate in the decentralized governance of Gods Unchained, proposing and voting on changes to the game's ecosystem.
- Value appreciation: As Gods Unchained gains popularity and adoption, the demand for GODS tokens is expected to increase, potentially leading to price appreciation.
Token Distribution and Allocation
The total supply of GODS tokens is capped at 500 million. The initial token distribution was as follows:
- Seed sale: 10%
- Private sale: 15%
- Public sale: 25%
- Team and advisors: 10%
- Foundation: 10%
- Ecosystem: 15%
- Play-to-earn rewards: 15%
FAQs
Q: What is Gods Unchained?
Gods Unchained is a free-to-play, collectible card game that runs on the Immutable X blockchain.
Q: What is the GODS token used for?
The GODS token is the native currency within the Gods Unchained ecosystem, used for transactions, staking, governance, and potential value appreciation.
Q: How can I obtain GODS tokens?
You can obtain GODS tokens by playing the game, purchasing them on exchanges, or participating in token sales.
Q: How do I stake GODS tokens?
You can stake GODS tokens in the Gods Unchained wallet or through supported third-party services.
Q: How do I participate in Gods Unchained governance?
To participate in governance, you must hold a minimum amount of GODS tokens and stake them in the governance module within the game.
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