Crypto Gaming United is the creator of a cryptocurrency gaming platform that aims to create a virtual economy. Through the company’s platform, players can manage their financial situation while playing games by creating their own profiles and receiving recommendations for games that will increase their income.
What is Crypto Gaming United?
It all started in 2016 when Mark Carnegie and Sergei Sergienko decided to create a blockchain firm. Then the team grew slowly but reliably, and today it has become a huge family of 50 people.
Crypto Gaming United, also known as CGU, was a platform for lending NFTs to blockchain players when it was first established. Thus, it enabled users to increase their income and get better access to the chance to win by playing games.
In addition to continuing to offer this on its platforms, CGU has evolved to give its community the opportunity to participate in a decentralized economy, generate sustainable income through gaming, learning, and metaverse work opportunities, learn new digital skills and interact with a vibrant global community. Even as a result of these developments, it can be easily seen that games such as Axie Infinity, Waves Duck, Samurai Legends, and Aavegotchi are available within the CGU.
Token Economics and DAO
The local currency of the CGU DAO, the total supply of which is 1 billion BEP20 tokens, is called CGU. The total number of CGU tokens to be minted will never exceed 1,000,000,000. The founding group will initially control and manage the DAO. CGU tokens will gradually be issued to NFT asset owners and the player community as a whole, so much so that eventually the DAO will be fully owned and managed by the community.
About CGU
Blockchain-based games give ordinary players a chance to earn money and develop new abilities while playing. However, the entrance cost of many much-loved games is quite high, because these games provide players with the opportunity to own valuable digital assets in the form of NFTs.
On the other hand, Crypto Gaming United is different from these games you know. The goal of CGU is to finance the players. So that everyone can play a role in this ecosystem of learning and earning.
The most well-known blockchain-based games require NFT assets, which CGU, a gaming guild, buys and then distributes to participants, allowing them to start playing without having to make a large initial investment. In return, CGU receives a portion of the in-game token revenue generated by its users. This procedure is comparable to, but not completely identical to, debt-free microfinance. Players offer their labor in exchange for information, training, and money, CGU NFT undertakes the risk of asset ownership and receives a fair share of the players’ profits.
References
www.cgu.io
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