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11/25/2022

4 Gaming Crypto Coins in the ImmutableX Ecosystem

The advent of play-to-earn (P2E) NFT games has opened opportunities for gaming enthusiasts to monetize their experience and engage with their favorite titles in ways unlike ever before. And while cryptocurrency can be used to perform important functions within a specific blockchain ecosystem, these in-game tokens also hold real-world value.

Here are four gaming crypto coins that live within the ImmutableX ecosystem:

Illuvium -  $ILV

Illuvium invites its players to explore a vast, adventure-packed world where they can hunt beasts to battle in the arenas or trade in the marketplace. By fulfilling quests and special achievements, players can win $ILV tokens, which they can further use for yield farming, staking, and participation in governance proposals of the Illuvium decentralized autonomous organization (DAO). The $ILV token is currently priced at $56.56 at the time of writing and is available on platforms such as Binance, SushiSwap, CoinSpot, and more.

Undead Blocks -  $ZBUX

Undead Blocks is a kill-to-earn, first person zombie shooter where players can earn rewards by killing waves of zombies using Weapon Loadout NFTs. The game employs a revolutionary dual-token system where the $UNDEAD coin serves as an on-chain governance token, whereas the $ZBUX token is the off-chain reward currency. The latter is further split into two tiers the standard $ZBUX, which can be used to upgrade Weapon Loadouts and acquire items, and the gold $ZBUX which can be swapped for select cryptocurrencies and limited edition in-game items.

Meanwhile, as the on-chain coin, $UNDEAD can be used to purchase Loot Coffins, stake, and vote. This token is available on platforms such as Coinbase and CoinGecko and is currently valued at $0.51 at the time of writing.

Guild of Guardians - $GOG

Guild of Guardians is a multiplayer role-playing game (MMORPG) set in a fantasy world of magic, dungeons, orcs, elves, and more. Here, players can create a team of Guardians to explore dungeons and gather experience and resources. These resources can be used to build items or summon heroes which can then be traded for actual cash. Guild of Guardians Gems ($GOG), the game’s principal token, can be used to purchase NFTs, vote on governance decisions, and stake in exchange for rewards. $GOG is currently sold for $0.17 at the time of writing and is available on exchanges such as FTX, OKX, and SushiSwap.

$IMX Token

As the native utility token of the ImmutableX platform, $IMX is used to pay 20% of the protocol fee for every ImmutableX transaction. These fees are then sent to the “staking reward pool,” where users can get the chance to earn rewards. $IMX also acts as the protocol’s governance coin which can be used to vote on key decisions surrounding the future of the token. At present, $IMX can be purchased at Coinbase and costs $0.57 at the time of writing.

Users can also earn $IMX through ImmutableX Trading Rewards. Simply start trading NFTs on any ImmutableX integrated marketplace and watch your stack of $IMX accumulate. It’s that easy. 

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Disclaimer

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It should not be taken as constituting professional advice from the website owner.

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