On July 17, 2024, at precisely 16:36 UTC, the cryptocurrency world witnessed a remarkable breakout as Guild of Guardians (GOG) surged by 24.59%, reaching a new price of $0.102. This significant price movement has captivated the attention of both investors and gamers alike. But what fueled this sudden rise? Let's dive into the unique features of Guild of Guardians and the specific market conditions that contributed to this breakout. Guild of Guardians (GOG) experienced a significant breakout on July 17, 2024, with its price surging by 24.59% to $0.102. This breakout can be attributed to several key factors that have driven interest and investment in the altcoin, resulting in a substantial price increase. Let's delve into the reasons behind this remarkable price surge and explore the corresponding visual evidence for each factor:
Strategic Partnership with YieldGuild: The integration of Guild of Guardians into YieldGuild's Season 6 Guild Advancement Program has been a major catalyst for its price surge. This partnership has driven significant interest and investment in GOG, as it provides players with new opportunities to earn rewards and achievements through the program. This strategic move has not only enhanced the visibility of GOG but also increased its market reach and usability.
Guardian Collection Rewards Promotion: Another significant factor contributing to the price surge is the Guardian Collection Rewards Promotion. This promotion requires players to own specific Guardians to receive rewards, which has spurred buying activity and increased demand for GOG. The promotion has successfully engaged the community and incentivized players to invest in the altcoin to complete their collections and earn rewards.
The combination of these strategic initiatives has significantly boosted the visibility, usability, and market reach of Guild of Guardians, leading to a notable price breakout. As the game continues to evolve and attract more players, its innovative features and engaging gameplay are likely to sustain its growth and success in the competitive playtoearn mobile gaming space.
We have asked 21 Experty community members questions related to "News of Guild of Guardians (GOG) - July 2024 Price Update - 24% Breakout Crypto News and Analysis". We have received many valuable replies, the best ones (based on Experty community feedback) you can read below.
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Explore the Core.
GOG is used for three purposes: To align the incentives of players, developers, and content creators. To pay for in-game purchases and rewards. ... Players can earn gems from staking and use them to participate in governance and voting
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guildOfGuardian featured in Season 6 of @YieldGuild âs Guild Advancement Program rewarding with GOG nft and creating more recognition and game playing for them.
GLORIA OLUWAFERANMITo God be the Glory
Explore the Core.
Guild of Guardians is a multiplayer fantasy action RPG on Immutable X. The gameâs vision is to become the worldâs most popular RPG, where players can assemble a set of Guardians and earn rewards in the process. By combining fun gameplay that will be played on mobile with play-to-earn mechanics, Guild of Guardians aims to build an in-game economy that will be compelling for players to participate in.
Spot the Main Event:
We are excited to announce that @guildOfGuardian is featured in Season 6 of @YieldGuild âs Guild Advancement Program. Start questing now and get your achievement badges and rewards a to major users
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Ajayi Johnweb developer
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Unveiling Guild of Guardians' Essence: Play-to-Earn Mobile RPG with Ownership Guild of Guardians (GOG) delves into the exciting world of Play-to-Earn (P2E) mobile gaming, aiming to solve some key issues within the P2E space while offering innovative features for players. Here's a breakdown of their core concept: Essence: GOG strives to create a sustainable and engaging P2E mobile RPG where players can not only have fun but also earn rewards through gameplay and ownership of in-game assets. Problems Addressed: Unsustainable Tokenomics: Many P2E games struggle with unsustainable tokenomics, leading to inflation and declining rewards for players. GOG aims to address this through a well-designed in-game economy. Lack of Engaging Gameplay: Some P2E games prioritize earning mechanics over actual gameplay. GOG focuses on creating a captivating mobile RPG experience alongside the P2E aspects. Limited Ownership: In some P2E games, players might not truly own their in-game assets. GOG emphasizes player ownership of characters, items, and even guilds. Innovative Use Cases: NFT-based Ownership: Players own their characters and items as NFTs (Non-Fungible Tokens), allowing them to trade or sell them on secondary marketplaces. Guild System: Players can form guilds, work together strategically, and potentially earn additional rewards through guild activities. Interoperable Assets: GOG envisions their NFTs being usable across other Immutable X games, potentially expanding their utility and value. Focus on Mobile Gaming: By targeting the mobile platform, GOG aims to make P2E gaming more accessible to a wider audience. Important Considerations: Earning Potential: The actual earning potential in GOG will depend on various factors like player skill, time investment, and the overall in-game economy. Tokenomics Model: Understanding GOG's tokenomics model, including the utility and potential inflation of their token (GEMS), is crucial. Long-Term Sustainability: The long-term sustainability of the P2E model and the in-game economy will be essential for GOG's success. Overall, Guild of Guardians offers a unique approach to P2E mobile gaming, emphasizing engaging gameplay, player ownership, and a well-designed economy. However, the success of their model hinges on careful management of tokenomics, fostering a healthy in-game economy, and ensuring long-term playability.
Spot the Main Event:
We are excited to announce that @guildOfGuardian is featured in Season 6 of @YieldGuild âs Guild Advancement Program. Start questing now and get your achievement badges and rewards at yieldguild.io/gap/season-6/g⌠#LFGOG #guildofguardians #TogetherWePlay #GAPSeason6
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Abdullahi Saleh SaiduCute, funny and a little bit crazy!!!
Explore the Core.
Guild of Guardians is a multiplayer fantasy action RPG on Immutable X. The gameâs vision is to become the worldâs most popular RPG, where players can assemble a set of Guardians and earn rewards in the process. By combining fun gameplay that will be played on mobile with play-to-earn mechanics, Guild of Guardians aims to build an in-game economy that will be compelling for players to participate in. The gameplay revolves around training a team of heroes to collect resources and engage in challenges. The collected resources will be issued and distributed in Gems, the gameâs in-game currency that can be redeemed for real money, spent on minting new assets or secondary purchases, and used to vote on game decisions. 20% of all primary and secondary trading fees must be paid for in Gems. Since mid-2020, Guild of Guardians has racked up over 220,000 followers across different social media channels in its short time of existence. It also sold out its first NFT Founder sale, netting over $4.6 million that will be used for game development.
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GUARDIAN COLLECTION REWARDS PROMO. The GOG team are calling on their most dedicated players to assemble a legendary collection of Guardians. Are you a proud owner of 8 Rare Core 1 Radiant Guardians? Do you also own 1 Rare Founder Guardian? Here's your chance to collect additional rewards. Promotion Details: 1. What: Own all 8 Rare Core 1 Radiant Guardians and 1 Rare Founder Radiant Guardian by the date of the snapshot. 2. Reward: Every eligible player will receive 400 Soul Boxes each. 3. Snapshot date: July 14th, 2024. 4. Reward Distribution date: July 22nd, 2024. To complete your collection you either Ascend your Guardians to Radiant Guardians using Ascension Seals (You can buy Ascension Seals on Eri's Store for a fraction of the in-game cost) or Purchase Radiant Guardians on the secondary market via an NFT marketplace. This is your chance to showcase your dedication, bolster your power, and claim your place as a GOG legend. Assemble your Rare Core 1 Radiant Guardians and prepare for glory!
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Abdulazeez MuhammadExplore the Core.
Guild of Guardians is a play-to-earn mobile role-playing game (RPG) built on the Ethereum blockchain using the Immutable X layer-2 scaling solution. The game allows players to assemble a team of Guardians, which are playable characters with different factions, classes, and elements that can be used to complete dungeons and collect resources. These resources can then be used to craft and sell in-game items and heroes as NFTs on the secondary marketplace. The game's in-game currency is called Gems ($GOG), which can be earned through gameplay and used to purchase new heroes, upgrade existing ones, and participate in the game's governance. The game has a play-to-earn model, where players can earn $GOG tokens by contributing to their guild's crafting efforts, which are then automatically sold on the marketplace, with players receiving a share of the profits.
Spot the Main Event:
On the 15th of July Guild of Guardians announced that its featured in YieldGuild Advancement program, season 6. Users embark on quest to earn achievement badges and rewards at yieldguild.io. The announcement was passed in YeilGuilds platforms, in a way extending Guild of Guardians essence and utilities to their communities, the prospect of the project caught the confidence of investors and compelling them to invest, causing a spike in price.
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Oluwatosin BamideleTrade hard. Joy is coming
Explore the Core.
Guild of Guardians is a multiplayer fantasy action RPG on Immutable X. The gameâs vision is to become the worldâs most popular RPG, where players can assemble a set of Guardians and earn rewards in the process. By combining fun gameplay that will be played on mobile with play-to-earn mechanics, Guild of Guardians aims to build an in-game economy that will be compelling for players to participate in.
Spot the Main Event:
They are excited to announce that @guildOfGuardian is featured in Season 6 of @YieldGuild âs Guild Advancement Program. Start questing now and get your achievement badges and rewards to their users
đ¸ Show Us What You Found:
OLUWATOSIN GARUBAExplore the Core.
Guild of Guardians is a multiplayer fantasy action RPG on Immutable X. The gameâs vision is to become the worldâs most popular RPG, where players can assemble a set of Guardians and earn rewards in the process. By combining fun gameplay that will be played on mobile with play-to-earn mechanics, Guild of Guardians aims to build an in-game economy that will be compelling for players to participate in.
Spot the Main Event:
It's time to conquer the YGG Guild Advancement Program Season 6 quests! We've got 8 games and new bounties lined up for you and your friends to dominate
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Overview
Guild of Guardians is a multiplayer fantasy action RPG built on the Immutable X blockchain. The project aims to become the world's most popular RPG by combining engaging mobile gameplay with playtoearn (P2E) mechanics. Players can assemble a team of Guardians, earn rewards, and own ingame assets as NFTs. The game stands out by focusing on sustainable tokenomics, player ownership, and a compelling ingame economy.
Key Features
PlaytoEarn Mechanics: Players earn rewards through gameplay and ownership of ingame assets. NFTBased Ownership: Characters and items are NFTs, allowing for trading and selling on secondary marketplaces. Guild System: Players can form guilds to work together and earn additional rewards. Interoperable Assets: NFTs can be used across other Immutable X games. Mobile Accessibility: Available on iOS and Android, making it accessible to a wider audience. InGame Currency (Gems): Used for purchases, minting new assets, and voting on game decisions.
Use Cases
Resource Collection: Train heroes to collect resources and engage in challenges. Crafting and Trading: Use collected resources to craft and sell items and heroes as NFTs. Guild Activities: Collaborate in guilds for strategic gameplay and additional rewards.
Recent Developments
Global Availability: The game is now available globally. Partnerships: Featured in Season 6 of YieldGuildâs Guild Advancement Program. Community Engagement: Distributed 400 Soul Boxes to eligible commanders. Token Listings: $GOG token listed on major exchanges like Sushiswap, OKX, Gate, and Coinbit. Server Maintenance: Completed server maintenance and reopened the gates to Elderym.
Market Impact
Demand and User Adoption: Over a million players and significant trading volume in NFTs indicate strong user adoption. Token Utility: $GOG tokens are used for ingame purchases, governance, and staking, driving demand. Strategic Partnerships: Collaborations with YieldGuild and other platforms enhance market presence and credibility.
Risks and Opportunities
Risks
Tokenomics: Potential inflation and sustainability of the ingame economy. Technical Issues: Any security breaches or technical problems could impact user trust. Market Competition: Intense competition in the P2E and mobile gaming sectors.
Opportunities
Growing Community: Rapidly expanding user base and active community engagement. Innovative Features: Unique approach to P2E and NFT ownership could attract more players and investors. Strategic Partnerships: Further collaborations could enhance market reach and adoption.
Community Engagement
Community Size: Over 220,000 followers across social media channels. Activity Levels: High engagement on Discord and Twitter, with active discussions about gameplay, tokenomics, and partnerships. Engagement Strategies: Regular updates, rewards distribution, and community events to maintain interest and participation.
Conclusion
Guild of Guardians presents a compelling investment opportunity with its innovative approach to P2E gaming, strong community engagement, and strategic partnerships. However, traders should consider the risks related to tokenomics and market competition. The project's focus on sustainable gameplay and player ownership makes it a promising candidate for longterm growth in the cryptocurrency market.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.