Genesis Block Ventures (GBV), a full-service investment company closely working with Genesis Block HK, announces an investment in ChainGuardians, the world’s first NFT mining game.
ChainGuardians is the world’s first blockchain meets superheroes gaming ecosystem; combining traditional gaming concepts with blockchain technologies to enable player-driven economies.
ChainGuardians’s in-game assets, including weapons, equipables and Guardian characters, are digital collectibles also known as crypto-collectibles. They are represented as unique ERC-721 Non-Fungible Tokens (NFTs) based on the Ethereum blockchain. All collectible assets are of a limited quantity, ensuring they retain their scarcity and value within marketplaces.
As an investment company with a mission of building the future through blockchain, Genesis Block Ventures has built a wide-reaching, vibrant blockchain ecosystem. Through the investment, Genesis Block Ventures is excited to participate in one of the NFT gaming breakthroughs.
In the short span of less than 2 years since its inception, ChainGuardians is introducing the first ever NFT Mining through Proof-of-Stake (PoS), where NFTs can be deployed to mine ChainGuardians Credits (CGC): the official in-game currency for ChainGuardians.
ChainGuardians Credits will enable a Play-to-Earn ecosystem, whereby staking NFTs in the mining game, will enable stakers to earn passive income. Players and collectors will be the driving force for the growth of the ChainGuardians ecosystem.
The innovative NFT Mining model enables users to spend the credits on physical assets and token rewards, through notable blockchain partners such as Matic Network, forecasting an exciting growth in the ecosystem ahead.