- Gunzilla Games will launch its Avalanche-based GUNZ Network and native GUN token on March 31, advancing blockchain integration in AAA gaming.
- The GUN token, capped at 10 billion units with 4% reserved for staking rewards via Binance Launchpool, will trade on Binance with a seed tag highlighting volatility.
- The network enables in-game asset trading and NFT conversion, following testnet engagement, as Web3 gaming shows signs of a revival.
Video game publisher Gunzilla Games is set to debut its Avalanche-based layer 1, GUNZ Network, and its native GUN token on March 31, aligning with its earlier Q1 2025 launch estimate.
The announcement marks a new step in integrating blockchain technology with AAA gaming, and according to Vlad Korolov, CEO and co-founder of Gunzilla Games:
Our partnership with Avalanche not only allows us to leverage its highly scalable and secure blockchain infrastructure but also ensures a seamless, low-latency gaming experience for our players.
Vlad Korolov, CEO and co-founder of Gunzilla GamesRelated: Crypto Lobbying Ramps Up Ahead of Australian Federal Election
A New Era for In-Game Asset Trading
Upon launch, the GUN token will be tradable on Binance with a seed tag indicating its origin from an “innovative project”, which is a tag denoting volatility and risk. The token has a capped total supply of 10 billion, with 400 million (or 4%) reserved for rewards to token stakers via Binance Launchpool.
Gunzilla Games recently partnered with Delphi Ventures, an investment firm, to establish the GUNZ Foundation, a nonprofit organisation that will oversee network launches and token distribution.
Once live, the GUNZ Network will enable players of Off the Grid to freely trade in-game assets such as weapons and skins, as well as the GUN token itself. According to the network’s website:
GUNZ is the first-ever platform in a triple-A game that gives you the option to turn your items into tradable NFTs inside the game’s marketplace or elsewhere.
GUNZ Network
Before the mainnet launch, players have been interacting with the GUNZ testnet, earning GUN tokens and in-game items. While testnet balances are expected to reset at launch, unique assets will remain intact.
Is Web3 Gaming Making a Comeback?
Once considered a dead field, blockchain gaming seems to be making a comeback, slowly but surely. As Crypto News Australia reported, Layer 2 networks have experienced a massive spike in gaming activity and attracted over US$55M (AU$87M) in February of this year.
Related: OKX Australia CEO Predicts “Proliferation” of Stablecoin Use Post-Election, If Laws Keep Up
A recent title that is attracting attention to the Web3 gaming world is Forgotten Runiverse, which offers an open-world experience based on its Ethereum NFT collection.
Credit: Source link
