Trading card game Gods Unchained is all set to launch $GODS, its official governance token. Immutable, the game studio which runs the NFT game, will launch $GODS later this year in partnership with Nine Realms.
Once launched, the players can use $GODS to create NFTs and purchase card packs from the Gods Unchained marketplace. Moreover, gamers who hold the tokens in the Immutable marketplace will have a chance to earn more rewards.
What is Gods Unchained’s $GODS token?
$GODS is an ERC-20 token that will be fully integrated into the game systems. Recently, Immutable had launched their own layer-2 blockchain solution called Immutable X. As a result, players can now buy and trade NFTs for the game without paying gas fees.
According to Gods Unchained, $GODS is one of the few gaming tokens that offers players staking rewards. This means that $GODS Token holders who stake their tokens can earn rewards while playing. These rewards will be distributed from the game’s rewards pool.
Moreover, in terms of governance, $GODS holders will be able to vote on various proposals crafted by the game studio. Essentially, this implies that players will now have a say in how the game is run.
Initially, Gods Unchained will introduce a total of 20 million tokens. Of this, while 1.4 million tokens will be reserved for public sale, 12.3 million will be for community allocation.
Addressing the issue of high gas fees
NFT’s massive surge in popularity this year has given rise to several NFT games. However, games built on Ethreum has one major problem: high gas fees. As a result, games like Aavegotchi have moved to Polygon, which offers much lower gas fees.
As of now, some of the most popular blockchain games are those without gas fees. This includes Alien Worlds running on the Wax blockchain and Axie Infinity running on the Ronin sidechain. Clearly, the future belongs to those blockchain games with low or no gas fees.