Playing Gods Unchained
We’re back with yet another blockchain gaming digest.
To reiterate, we are spending more time with blockchain games because they provide a lower opportunity cost in terms of value. Simply by investing a few hours every week, you can earn real tradable assets on them.
As we have said over the past, the hype around blockchain gaming is just beginning, and you can be early to this trend.
Last week, I spoke about Axie Infinity, the largest blockchain game right now.
Axie Infinity’s parent company Sky Mavis hit a $30 billion valuation this week in the latest funding round of $152 million led by Andreessen Horowitz, aka a16z. Its native token also went on to a new all-time high.
This edition will explore a game that became the paragon of virtue for the blockchain gaming industry, Gods Unchained.
Battle with the Gods
Gods Unchained is a blockchain-based digital card game inspired by the legacy board game Magic The Gathering (MTG). Gods Unchained is curated by a former game director of one of the largest tournaments for MTG, the Wizards of the West Coast.
MTG’s online version Hearthstone attracted over 23.5 million active users to the game in 2020.
Gods Unchained rose to prominence as a permissionless alternative to Hearthstone in 2019 when one of the tournaments banned a player for making sensitive political statements. It has over 450,000 registered players now.
You can choose your God character that leads your army in the game. The primary components of the game are cards that have strengths, weaknesses, and magic abilities useful in battles.
A battle on God’s Unchained.
The objective of the game is to win battles along the way, collect rare and powerful cards—which can be sold as NFTs, and build a strong deck to win more.
Anyone can play this game with no investment required. The protocol distributes a welcome deck to every player. Players can add more decks and the in-game credit, Flux, by winning battles.
Valuable cards are created in the game by a process called “Forging.” Players are allowed to fuse duplicate cards to forge a new one with enhanced features. To Forge higher quality cards, players must spend Flux tokens earned in the battles.
In all fairness, intrinsically, the value proposition and gameplay of Axie and Gods Unchained aren’t very different. Whether digital pets, or cards, the rare ones are more expensive than the rest, and you have to play to mint valuable rare NFTs.
The play-to-earn model has seen over $34M worth of NFTs traded on its marketplace since launch earlier this year. There is also a weekly event between Friday to Sunday where players can win rare cards.
This YouTuber earned enough “fuel money for a week” about $1,500 from the tournament.
Furthermore, Gods Unchained has also announced the launch of GODS token that is “designed to be the core currency of Gods Unchained, fueling the ecosystem that empowers players to earn and sell NFTs.” It’s hard not to make an analogy with Axie Infinity’s native token AXS here.
CoinList is selling GODS tokens worth $10 million at an average price of $0.29. With a total supply of 500 million, the fully diluted value of GODS at the ICO price is $145 million. In comparison, the total market capitalization of AXS tokens is $7.8 billion with a fully diluted value of $34.5 billion.
Therefore, there is a lot of upside potential to GODS token price, if it can replicate Axie’s success.
So, let’s start playing.
How to Play
Set up an account by setting up an email id and password on this page.
Set up a username and then confirm the email address to confirm your registration.
Then click on Play Now to download the game launcher Immutable.
Log into the game launcher using the same credentials and enter the gaming arena. I’d suggest following the tutorial to understand the dynamics.
The spirit of the game lies in the details of the cards and character Gods. Read them to emerge victorious in the fantasy land and make some money along the way. Your Gods win when you play your cards correctly and die if you lose.
Bidding adios in gaming lingo, GG.