Interpreting Binance’s latest Launchpool project: Can GUNZ, which focuses on experience and light on encryption, launch a new round of game public chains?

Original | Odaily Planet Daily

Author | Asher

Last night, Binance officially announced the launch of the 66th Launchpool project GUNZ (GUN), an L1 public chain developed by Gunzilla Games and designed for AAA games. As soon as the news came out, the long-dormant blockchain game community was instantly excited, and many "old blockchain gamers" were active on major social media to share their expectations and excitement. Many people shouted: "Blockchain games are finally coming back!"

As one of the few heavyweight blockchain game projects in recent times, Odaily Planet Daily will now take you to learn about the blockchain game project GUNZ that is launched on Binance Launchpool, including its token economic model, participation in staking mining tasks, etc.

Project Introduction

GUNZ is an Avalanche Subnet-based L1 public chain developed by the German game company Gunzilla Games, designed for AAA games. Its first application case is Gunzilla Games' flagship game Off The Grid, a cyberpunk-themed battle royale game that has attracted over 12 million wallets and 230 million transactions. Gunzilla Games' CTO Timur Davidenko served as technical director at Crytek, the developer of the Crysis series and Far Cry, for 18 years.

As one of the first crypto-economies in the AAA gaming sector, the GUNZ chain gives players ownership of game assets through NFTs, building a fairer and more sustainable gaming ecosystem. GUNZ uses a customized consensus mechanism to achieve 10,000 TPS per second, with gas fees approaching zero, and is compatible with Unity/Unreal engines, allowing developers to seamlessly migrate traditional games to the chain, greatly reducing the development threshold. GUNZ aims to provide verifiable transparency to the gaming community and blockchain enthusiasts, allowing players to truly own in-game items. Currently, GUNZ is in the testnet stage (testnet blockchain browser link: https://testnet.gunzscan.io/), and the mainnet will be launched soon.

According to ROOTDATA data, Gunzilla Games has completed two rounds of financing, with a total amount of up to 76 million US dollars:

On August 9, 2022, Gunzilla Games announced that it had completed a $46 million financing round, led by Republic Capital, with participation from Griffin Gaming Partners, Animoca Brands, Jump Crypto and other companies, as well as well-known angel investor Twitch co-founder Justin Kan;
On March 26, 2024, Gunzilla Games announced that it had completed a $30 million financing round, led by Avalanche's Blizzard Fund and CoinFund.

The initial circulation is only 6.05%

According to information disclosed by Binance, the native token of the GUNZ project is GUN, with a total supply of 10 billion. In terms of token distribution, the initial circulation is 604,500,000 GUN, accounting for 6.05% of the total supply. Among them, Binance Launchpool allocates 400,000,000 GUN, accounting for 4% of the total supply, to provide mining rewards and liquidity support for early participants.

In addition, the GUNZ project has reserved a portion of tokens for game ecosystem incentives, and may continue to empower gamers and communities through NFT assets, Play-to-Earn and other incentive mechanisms in the future. GUN tokens are not only a medium for on-chain transactions and gas fees, but may also play a role in game props transactions, governance voting, etc., to help the long-term development of the GUNZ ecosystem.

Regarding the more detailed token distribution plan, it is still awaiting further official announcement. The market is paying attention to the specific distribution ratios of different parts such as its team, investors, ecological funds, and future unlocking plans.

How to Participate in Binance Launchpool Staking Mining

Odaily Planet Daily uses a computer demonstration to show everyone how to participate in this event.

STEP 1. Go to the Binance Launchpool page (link: https://launchpad.binance.com/zh-CN ) and find the GUN project.

STEP 2. Select pledged assets: Binance Launchpool supports three types of tokens for mining: BNB pool, FDUSD pool, and USDC pool. The token reward ratios are 80%, 10%, and 10% respectively. The hourly reward cap for individual users of each pool is 444,444, 55,555, and 55,555 GUN respectively.

STEP 3. Start mining: Select the token you want to stake and click "Confirm". After the staking starts, GUN token rewards will be automatically calculated and distributed every hour.

Regarding this event, participating users need to pay attention to the following details:

Restrictions: KYC identity verification is required;
Total reward pool: 400,000,000 GUN (4% of the total token supply);
Event duration: March 28, 08:00 (GMT+8) - March 31, 08:00 (GMT+8);
GUN token launch information: It will be listed at 21:00 on March 31 (ET8), and support the following trading pairs: GUN/USDT, GUN/BNB, GUN/FDUSD, GUN/TRY.

Ongoing interactive activities

In addition to the staking mining tasks of Binance Launchpool, on the 25th of this month, GUNZ officially announced that it has integrated Zealy. By integrating Zealy, players can participate in tasks and receive token rewards through seamless blockchain verification. The tasks are divided into social tasks, GUNZ wallet tasks, access game tasks, etc. (Participation link: https://zealy.io/cw/gunz/questboard ).

 Zealy on GUNZ mission

summary

Unlike many GameFi projects, Gunzilla Games has chosen a path closer to traditional games. Just like its flagship game Off The Grid, it does not build a complex economic model around tokens, but uses blockchain technology to open up the ownership of game props, allowing players to trade assets freely and transparently. This model may attract more traditional players and bring new development opportunities for blockchain games.

In addition, with the popularity of VR/AR hardware, the demand for immersive gaming experience is growing rapidly. With 3A-level game quality and decentralized asset ownership, GUNZ can not only enhance the player experience, but also become a key infrastructure to promote "game out of the circle", opening up a broader development space for the blockchain game industry.