Guild of Guardians allocated 6% of the total 1 billion tokens to the CoinList sale, while 63% of the supply will be distributed via community-driven events, activities and core gameplay.

The play-to-earn game’s soft launch is planned for Q1 2022, with 400,000 users already pre-registered.

THE GAME

Developer Stepico Games created the game in partnership with Australian-based NFT layer-two scaling solution Immutable X. Immutable X is the first layer-two scaling solution for NFTs on Ethereum, backed by Galaxy Digital and Coinbase.

Immutable X head of marketing Nicholas Kelland said Guild of Guardians is launching on mobile so that it can be available to most people.

“Not everyone has really robust gaming rigs and PCs and so on and so forth. So mobile was an easy choice for us.”

The success of Guild of Guardian’s initial DEX offering comes as play-to-earn gaming becomes increasingly popular. In GOG, every in-game asset that users own is a tradable and exchangeable NFT.

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“I think the concept of in-game asset ownership is a foregone conclusion. And it’s a matter of when not if,” Kelland said, adding, “It goes back to the concept of the content creator economy and people — people basically owning this stuff that they deserve to own.”

Founder NFT successfully sold its first offering in June, raising $3 million in just 24 hours. Over $3 million was raised in the second wave, and over $4 million in the third.