Global Launch of Guild of Guardians
The Polygon-backed play-to-earn game, Guild of Guardians, is now available globally on Google Play and the Apple App Store for mobile devices.
Guild of Guardians allows players to earn $GOG tokens, which are ERC-20 tokens usable across the Guild of Guardians ecosystem. Play-to-earn games enable players to convert their rewards into cash.
Immutable Games Announcement
In a recent announcement, Immutable Games stated that its flagship title, Guild of Guardians, has over 1 million pre-registered users. The gaming firm is celebrating its mobile release with a cinematic launch trailer, followed by a behind-the-scenes look at the making of Guild of Guardians.
Guild of Guardians, along with Pixelmon, Metalcore, and My Pet Hooligan, is backed by the Inevitable Games Fund. The $100 million fund was launched by Australian venture capital firm King River Capital, blockchain gaming firm Immutable, and Polygon Labs.
Years of Development
Players of Guild of Guardians can explore Elderym, a fantasy world on the brink of destruction by the Dread. As the world’s last hope for salvation, players must form a team of Guardians and embark on a virtual adventure to conquer the darkness.
“This launch is the culmination of years of development and community building, and we can’t wait to show players a mobile game with dynamic gameplay, intuitive mechanics, and a sustainable rewards system,” said Justin Hulog, Chief Studio Officer for Immutable Games, in a press release.
Guild of Guardians’ $GOG Token
According to the Guild of Guardians site, $GOG tokens can be used to mint gaming NFTs, unlocking NFT ownership and additional in-game features and perks.
- NFTs can be bought and sold in $GOG via the NFT marketplace.
- 20% of the marketplace fee charged by the publisher must be paid in $GOG and is sent for active staking rewards.
In the future, Guild of Guardians plans to allow token holders to vote on game decisions via decentralized governance.
$GOG can be purchased on OKX and Sushiswap.
Web3 Gaming Investment on the Rise
This year, Web3 gaming projects have seen an increase in funding. In April, Silicon Valley-based venture capital firm Andreessen Horowitz (a16z), founded by Marc Andreessen and Ben Horowitz, announced it is investing around $30 million in gaming startups this year.
Andrew Chen, a general partner for a16z Games, shared the funding announcement on the social media platform X. Chen said the firm will invest the $30 million through its a16z Speedrun program, with $750,000 allocated per startup. The deadline for funding applications is May 19, and shortlisted candidates will be notified by the end of July.