What is the issuance volume of Gods Unchained (GODS) coins?

Beyond its governance and utility functions, GODS coins play a pivotal role as a medium of exchange within the Immutable X ecosystem, facilitating in-game asset purchases and supporting community initiatives.

Dec 24, 2024 at 08:13 am

Key Points:

• Gods Unchained (GODS) coin issuance volume
• GODS distribution among stakeholders
• Factors influencing GODS supply
• GODS market dynamics
• Purchasing and earning GODS coins
• GODS's role in the Immutable X (IMX) ecosystem

Issuance Volume of Gods Unchained (GODS) Coins:

• The total issuance volume of GODS coins is 500,000,000.
• Out of the total supply, 200,000,000 GODS coins are currently in circulation.
• The remaining 300,000,000 GODS coins are reserved for future ecosystem development, gameplay rewards, and team allocations.

GODS Distribution Among Stakeholders:

• Initial contributors: 20% (100,000,000 GODS)
• Seed round investors: 15% (75,000,000 GODS)
• Private round participants: 40% (200,000,000 GODS)
• Public sale purchasers: 25% (125,000,000 GODS)

Factors Influencing GODS Supply:

• Token burn mechanism: A portion of GODS coins are burnt periodically to reduce circulating supply and increase scarcity.
• Gameplay rewards: GODS coins are distributed as rewards to players for completing quests, winning battles, and participating in tournaments.
• Ecosystem expansion: As the Immutable X ecosystem grows, additional GODS coins may be issued for staking, governance, and other utility purposes.

GODS Market Dynamics:

• GODS is primarily traded on cryptocurrency exchanges and decentralized platforms.
• The price of GODS is influenced by supply and demand, gameplay activity, and overall market conditions.
• The token has experienced volatility in recent times, reacting to major announcements, partnerships, and ecosystem updates.

Purchasing and Earning GODS Coins:

• Purchasing GODS: GODS coins can be purchased on exchanges such as Coinbase, Binance, and FTX.
• Earning GODS: GODS coins can be earned through gameplay, such as completing quests, winning battles, and participating in tournaments.
• Staking GODS: GODS coins can also be staked on Immutable X to earn rewards and governance rights.

GODS's Role in the Immutable X (IMX) Ecosystem:

• Governance token: GODS holders have governance rights within the Immutable X ecosystem.
• Utility token: GODS coins are used to purchase in-game assets, participate in special events, and support creators and community initiatives.
• Reward token: GODS coins are used to reward players for their contributions to the ecosystem.

FAQs:

• Q: How often are GODS coins burnt?

  • A: GODS coin burns occur periodically, with a target of 10% of earnings being burnt each quarter.

• Q: What are the benefits of staking GODS coins?

  • A: Staking GODS coins earns rewards, governance rights, and access to exclusive features within the Immutable X ecosystem.

• Q: How can I earn GODS coins through gameplay?

  • A: GODS coins can be earned through completing quests, winning battles, and participating in tournaments within the Gods Unchained game.

• Q: Is GODS a good investment?

  • A: The value of GODS coins is subject to market fluctuations. Investors should research and conduct due diligence before making any investment decisions.

• Q: Where can I find more information about GODS coins?

  • A: More information about GODS coins can be found on the Immutable X website, the Gods Unchained website, and various cryptocurrency information resources.