Key Takeaways:
- The Borgz IDO Priority round is launched by the world’s leading crypto crowdfunding platform.
- The bulk of BORGZ tokens will be owned by end users, who will be released into circulation and then standardized through an incentive process designed to drive gamers to acquire more tokens.
- The game allows the users to mint their playable NFTs, and use them to battle or trade against other users.
The Cardano blockchain, a third-generation block-chain project that uses ‘Proof of stake’ consensus and ensures higher decentralization and scalability, powers Battle Borgz i.e. a multiplayer PvP and PvE battle game. The goal is to provide a digital financial identity by delivering a social and financial operating system.
NFTs are not in the temporary trend but will stick through in the long run. The game allows the users to mint their playable NFTs, and use them to battle or trade against other users. There is one owner in the pool, and one block has been coined in their lifetime.
While the traditional gaming system is a one way relationship, where one pays for the game and developers monetize their playtime, on the other hand, NFTs and blockchain technology gaming provides opportunity to players to earn money. Cardano uses its own native token, ‘BORGZ’ as the game’s currency. After earning, it can be converted into ADA and then later into FIAT currency and can also be used to buy upgrades and special items in the game.
“Our goal is to be one of the first play-to-earn projects to go live on the Cardano main-net, our timeline to achieve this is the end of 2022. We believe by this time the CNFT space will have developed immensely, and utilities such as ours will no longer be an added bonus, but a necessity for NFT projects. Therefore, we plan to be among the first projects to implement both gamification and tokenization to a high standard”, the official website mentioned.
The longer one holds on to Battle Borgz NFTs, the more BORGZ can be acquired as tokens and will be sent to wallets containing one or more Battle Borgz NFTs.
The end-users will own the majority of BORGZ tokens, which will be released into circulation and then standardized through an incentive process that is designed to motivate gamers to further earn tokens. Cardano awards enthusiasts with countless hours of engaging gameplay.
