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GNO City Play-to-Earn Game Created the Biggest and Most Diverse WAX Blockchain Game

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GNO City Play-to-Earn Game Created the Biggest and Most Diverse WAX Blockchain Game

Play-to-Earn Tokens and NFTs in GNO City - a Diverse Game on WAX Blockchain

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GNO City features an already playable trading card game on the WAX blockchain. In GNO City you can collect NFTs, win experience points, level up and earn tokens by just playing the game and having fun. Players can explore the story mode or go head to head in matches against other players.

Welcome to GNO City

GNO City is developing an open world metaverse where players can own land and roam the city to capture characters. The project already features a playable trading card game developed on the WAX blockchain, and the NFTs can be accessed on AtomicHub.

If you are not familiar with the genre, digital collectible card games are a huge business these days. Some brands, such as Blizzard Entertainment’s Hearthstone, report reaching more than 100 million players and have a thriving eSport scene. The industry brings in total revenue of $2 billion a year from selling cards to players, but the latter can not earn much from it unless they get to the level of a famous eSport star.

The introduction of NFTs to the genre allows all players and card collectors to get much more from trading their cards or earning tokens. And while many projects are still in the development stage, GNO City is playable right now on GNOcity.io. GNO City provides the players with modern technology and nostalgic feel in their trading cards. Brings back the old memories of playing Pokémon trading cards with new concepts of being able to breed your NFTs into series 2 with a higher evolution.

GNO City includes a number of game modes: battle (1v1 PVP), racing and story. You can earn the GNOKEN token by playing the PVP and racing modes and you can buy character NFTs with your earned tokens in the GNOKEN shop. In story mode you will be rewarded for collecting certain NFTs.

Character NFTs get upgraded with skills. You can earn experience by winning in PVP, Racing and Story modes. Each character has a max level depending on the rarity of the NFT. You can also grab a pet from Complex Series and stake them for hourly experience so you can level up your NFTs without battling.

In PVP you set your character NFT lineup in 5 slots. You may lose energy as a trainer if you battle too much in the day, but you can boost your own energy by owning the Energy Refill NFT or wait it out every hour you get 20 energy maxed out at 100. Healing your character NFTs can be done with the freebie 1 per lineup slot every 24 hours or you can feed your characters some food.

GNO City Play-to-Earn Game Created the Biggest and Most Diverse WAX Blockchain Game
Battle PVP in GNO City

Breeding your Gnomes – you can evolve your Gnome into Series II by gaining eggs. You gain eggs by staking the specific character and earn their egg. Every card in the Gnome Series is stake-able to earn eggs per hour.

As an online multiplayer game, GNO City also includes Achievements and Leaderboards. Players can claim an achievement if they reach a criteria with an NFT (You can only claim an achievement one time on a NFT so choose wisely). And if you are climbing on the ranks you will be able to see your character on the leaderboards.

For trading NFTs GNO City features a Marketplace – this means you can simply list your high level character for sale on AtomicHub and an API will pick it up and show it to all the players so people can buy a high level character with WAX.

The developers are working on many more features that help you play to earn. Coming soon is Land ownership where people with homes or businesses can stake for rewards.


Resources and Inventory is also in development so you will get to build a home and earn more garage spaces for racing mode and more. Additionally, real map exploration is coming soon so you can find Gnome characters and capture them to earn NFTs.

To learn more about GNO City visit the project’s website, and join the community on Discord or Telegram.


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Bitcoin (BTC) Drops Below $60,000 But Correction Could Be Short-Lived

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Bitcoin (BTC) Drops Below $60,000 But Correction Could Be Short-Lived

Bitcoin (BTC) is likely in the middle of a short-term correction that has taken it below $60,000. Following this correction, a rebound in price is likely. 

BTC decreased considerably on Oct 26 and created a bearish engulfing candlestick.  This is a type of bearish candlestick in which the entire upward movement from the previous day is negated with an equal or larger drop the next day.

The main support area is found between $52,400 and $53,350. This range is made up of a short (white) and a long-term (black) Fib retracement level and a horizontal support area. There is also a minor support level at $56,550, created by only the short-term Fib level. 

Technical indicators support the continuation of the decrease.

The MACD, which is created by short and long-term moving averages (MA) is falling. Currently, the MACD is still positive, indicating that the short-term trend is moving faster than the long-term trend. However, it’s decreasing, signaling that the MA is decelerating.

The RSI, which is a momentum indicator is also decreasing. It’s above 50, signaling that momentum is still bullish, but the decreasing RSI indicates that momentum is also losing strength.

BTC gets rejected

The six-hour chart shows that BTC is moving underneath a descending resistance line since the Oct 20 all-time high price. 

More recently, the line rejected the price on Oct 25 (red icon), initiating the current downward move. The rejection also coincided with the $63,650 resistance area.

As long as the descending line remains unbroken, the short-term trend is considered bearish.

Wave count

The short-term wave count shows that BTC is likely in an A-B-C correction, which is potentially contained inside a parallel channel. For a long-term wave count analysis, click here.

Currently, BTC is in the C wave, which is the final portion of the correction and after which a rebound in price is likely.

There is considerable support near $56,500 and a drop to those levels would give waves A:C an exact 1:1 ratio. Furthermore, it would coincide with the support line of the channel. In addition to this, the area coincides with the short-term Fib support outlined in the first section. 

For BeInCrypto’s previous Bitcoin (BTC) analysis, click here.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

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Bitcoin drops $1K in five minutes in fresh dip below $60K

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Bitcoin drops $1K in five minutes in fresh dip below $60K

Ethereum slips below $4,000 as an anticipated correction suddenly takes hold of crypto markets.

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Bitcoin drops K in five minutes in fresh dip below K

Bitcoin (BTC) fell sharply on Oct. 27 as $60,000 finally gave way to two-week lows.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Bitcoin bites into major buy wal

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $58,000 at the time of writing, hitting its lowest since Oct. 15.

The move follows multiple retests of $60,000, with Bitcoin now taking liquidity in a large support wall with $57,000 as its base.

Analysts, as Cointelegraph reported, were already prepared, with some data suggesting a deeper dive to a low as $50,000 would still preserve the overall bull trend.

#Bitcoin couldn’t break through $63.6K and tests the other side of the range.

Might be dropping another time if $61.6K can’t break and then I’m looking at $58K next. pic.twitter.com/HIsvhE5ZlZ

— Michaël van de Poppe (@CryptoMichNL) October 27, 2021

Commenting on the situation meanwhile, Charles Edwards, CEO of investment firm Capriole, blamed leveraged traders for sparking the volatility.

“Basically Bitcoin looks incredible here on most metrics, but leverage traders have gone out of control,” he argued.

“We won’t get sustainable price rises until that changes.”

Data showed $500 million being liquidated in a single hour across cryptocurrency.

Altcoins lose big on trend reversal

Ether (ETH) led a bleed from altcoins Wednesday, falling below its hard-won $4,000 support line.

ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView

Related: Expanding ecosystem and $1.86B futures open interest back Solana’s $250 target

Several of the top ten cryptocurrencies by market cap saw daily losses of over 15%, including Dogecoin (DOGE) and Solana (SOL).

Shiba Inu (SHIB) was still largely in the green, up 23% on the day despite the market turnaround and continuing a wild month.

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Redditors cheer as GameStop assembles team of NFT experts

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Redditors cheer as GameStop assembles team of NFT experts

“Future creators won’t just build games but also the components, characters, and equipment. Blockchains will power the commerce underneath,” Gamestop’s Head of Web3 Gaming job listing reads.

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Redditors cheer as GameStop assembles team of NFT experts

GameStop (GME) is assembling a team of blockchain and NFT experts to work on the firm’s upcoming NFT platform.

The firm’s GME stock is a cult favorite amongst retail traders as a result of the r/wallstreetbets and Robinhood saga earlier this year. On Reddit the r/Superstonk community boasts 659,000 members, and is dedicated to hosting business and stock discussions related to GME.

A post about GameStop’s job listings yesterday has received more than 10,000 upvotes at the time of writing, with many members posting bullish sentiments over GameStop’s latest move.

GameStop quietly unveiled a bare-bones website for its NFT marketplace in May. The site currently features a Nintendo Gameboy-style gaming console with an Ethereum logo, along with a message calling out for recruits to work on the platform.

Since then the firm has held its cards close to its chest, however on Oct. 25 it listed a total of eight jobs for crypto-friendly candidates, including three roles for NFT experienced software engineers, three jobs for product marketers and with two roles focused on Web3 based gaming.

One of the listings for the Head of Web3 Gaming job says that GameStop is looking for someone with experience with “Ethereum, NFTs and blockchain-based gaming platforms.” The firm has also hinted that there are some plans related to the Metaverse in the works.

“GameStop is looking for a unique individual who can help accelerate the future of gaming and commerce. In this future, games are the places to go, and play is driven by the things you bring. Future creators won’t just build games but also the components, characters, and equipment. Blockchains will power the commerce underneath,” the job listing reads.

Web3, billions in revenue, NFTs, Ethereum Layer 2. probably nothing. $GME pic.twitter.com/s3PiaqtWQl

— Chris SilvΞstro (@vestro) October 26, 2021

Related: Reddit may be preparing to launch its own NFT platform

Members of the r/Superstonk community were singing the firm’s praises yesterday, with “Triaspia2” calling it one of the “best job listings” they had seen, while pledging to buy more GME as it was a “bullish signal.”

Redditor “Donnybiceps” was equally bullish, noting that:

“NFTs are the future and people who haven’t gotten on board the GME train while knowing all these clues then you should be blaming yourself for not thinking this through.”

GME has had a volatile performance in October, going as low as $166 before bouncing to around $187 and subsequently crashing down again. However, according to data from Tradingview, the price of GME has still gained 2.8% this month to sit at $178 at the time of writing. The year-to-date gain for GME is a whopping 844%.

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