What is ChainGuardians (CGG)? RPG Games and NFT Mining

Bittime - ChainGuardians (CGG) is a blockchain gaming ecosystem that combines RPG games, NFT collectibles, and "play-to-earn" elements. Launched in 2019, the platform offers a unique gaming experience with features such as turn-based combat, NFT mining, and community governance. This article will discuss ChainGuardians, compare it to competitors, and evaluate its potential in the future.

Key Products & Features of ChainGuardians (CGG)

• RPG Game: ChainGuardians offers real-time RPG gameplay with turn-based combat. Players can collect NFTs representing superheroes (Guardians) and in-game items, all of which are based on Ethereum's ERC-721 standard.
• NFT mining: Players can use the NFTs they own to "mine" ChainGuardian Credits (CGC) tokens through special minigames. CGC can then be exchanged for CGG governance tokens.
• NFT Marketplace: Players can buy, sell, and trade their NFTs on an internal marketplace.
• Play-to-Earn ecosystem: Players can earn through various means, such as playing RPG games, participating in NFT mining, and trading in the marketplace.
• DAO Governance: CGG token holders can participate in the DAO (Decentralized Autonomous Organization) to vote on proposals related to platform development.

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What is CGG?

CGG is the native ERC-20 utility token of the ChainGuardians ecosystem. Its functions include:

• Governance: CGG holders can participate in voting related to platform development.
• Staking: CGG can be staked to earn rewards.
• Access to Premium Features: CGG holders can access certain premium features in the game, such as increased rewards and access to exclusive areas.

Tokenomic CGG

• Total Supply: 120 juta CGG
• Circulating Supply: 61.48 juta CGG
• Max Supply: 120 juta CGG
• Market Cap: IDR 64.83 billion

Data based on CoinMarketCap as of March 7, 2024.

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Analisis Fundamental ChainGuardians (CGG)

• Technology: ChainGuardians is built on the Ethereum blockchain, which is an established and trusted blockchain platform.
• Adoption: ChainGuardians has an active user base and a thriving community. The project has raised funds through an Initial Coin Offering (ICO) and is listed on several leading cryptocurrency exchanges.
• Competition: The blockchain gaming market is crowded, and ChainGuardians faces competition from other projects offering similar concepts.
• Roadmap: The ChainGuardians team has a clear roadmap for future development, including the launch of new features and content.

ChainGuardians (CGG) Comparison & Competitors

Founder & Tim ChainGuardians (CGG)

ChainGuardians was founded by Emma Liu, Robbie Cochrane, and Idon Liu. They have years of experience in business, technology, and game development.

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Expert Opinion About ChainGuardians (CGG)

Expert opinions about ChainGuardians are mixed. Some experts believe that an innovative, community-focused play-to-earn model can drive long-term success, while others are cautious about the sustainability of the economic model and competition in the blockchain gaming market.

Conclusion

ChainGuardians is a promising blockchain gaming project with unique features and an active community. Despite facing fierce competition, its potential to grow and develop in the future cannot be ignored. Investors should do thorough research before making any investment decisions.

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DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.