Binance has announced the launch of GUNZ, a new project in the gaming industry focused on the use of Web3 technologies.
The Concept of GUNZ
GUNZ is a Layer-1 blockchain designed for gaming ecosystems. This project aims to create a high-performance network for games, allowing developers to integrate blockchain features into their projects. GUNZ provides the ability to tokenize in-game assets, such as weapons and skins, as NFTs, allowing players to own and trade what they earn.
A New Era for AAA Games
The GUNZ platform will support a range of high-performance games, starting with the anticipated 'Off The Grid' by Gunzilla Games. In this game, players will be able to acquire valuable in-game items and mint them into NFTs, creating a dynamic ecosystem where they can trade and upgrade assets.
GUN Token and Its Features
The native token GUN is used for various transactions within the GUNZ ecosystem. The total supply of GUN is capped at 10 billion tokens, with 4% of the supply allocated for Launchpool rewards. Players will earn GUN tokens by participating in game tasks and trading NFTs on open markets.
GUNZ aims to create an innovative gaming system leveraging blockchain capabilities. This will allow players not only to engage in games but also to become true owners of in-game assets, potentially reshaping the gaming industry.