New updates about Binance Launchpool - GUNZ (GUN):
Binance, a leading global cryptocurrency exchange, has unveiled its 66th Launchpool project: GUNZ (GUN). This initiative allows users to stake their BNB, FDUSD, or USDC to farm GUN tokens before its official trading debut on March 31, 2025. GUNZ is a Layer 1 blockchain developed by Gunzilla Games, tailored specifically for AAA gaming experiences. Its flagship title, "Off the Grid," is a battle royale shooter that leverages blockchain technology to enhance in-game economies and asset ownership.
- Launchpool Details:
The farming period for GUN tokens spans from March 28, 2025, 00:00 UTC, to March 30, 2025, 23:59 UTC. During this window, participants can stake their assets in designated pools to earn GUN rewards. The total token supply for GUN is set at 10 billion, with 400 million GUN (4% of the total supply) allocated as Launchpool rewards. The initial circulating supply upon listing will be 604.5 million GUN, representing 6.05% of the total token supply.
- Reward Distribution:
The allocation of 400 million GUN tokens across the staking pools is as follows:
• BNB Pool: 320 million GUN (80% of rewards).
• FDUSD Pool: 40 million GUN (10% of rewards).
• USDC Pool: 40 million GUN (10% of rewards).
This distribution emphasizes the advantage for BNB stakers, who will receive the lion's share of the rewards.
- Participation Guidelines:
To engage in the GUNZ Launchpool:
1. Account Verification: Ensure your Binance account is verified through the Know Your Customer (KYC) process.
2. Asset Holding: Maintain BNB, FDUSD, or USDC in your Binance Spot Wallet.
3. Staking: During the farming period, navigate to the Launchpool page and stake your chosen assets in the respective pools.
4. Earning Rewards: Accumulate GUN rewards based on your staked amount relative to the total pool size. Rewards are calculated hourly and can be claimed directly to your Spot Wallet at any time.
- About GUNZ and "Off The Grid":
GUNZ is engineered to support high-performance gaming applications, providing a scalable and efficient blockchain infrastructure. "Off The Grid," the inaugural game utilizing GUNZ, is set to launch on PC, PlayStation, and Xbox Series X|S. This free-to-play battle royale shooter integrates blockchain elements to offer players true ownership of in-game assets, fostering a dynamic and player-driven economy.
- Token Utility:
The GUN token serves multiple functions within the GUNZ ecosystem:
• Transaction Fees: Used to pay gas fees on the GUNZ blockchain.
• Staking and Validator Rewards: Participants can stake GUN tokens to support network operations and earn rewards.
• In-Game Transactions: Facilitates purchases and trades within games like "Off the Grid," enhancing the gaming experience.
• Ecosystem Incentives: Rewards developers and players contributing to the growth and vitality of the GUNZ platform.
- Strategic Partnerships:
GUNZ has garnered support from prominent entities in the crypto and gaming sectors, including Coinbase Ventures, Jump Crypto, VanEck, Animoca Brands, and Delphi Digital. These partnerships underscore the project's potential and commitment to bridging the gap between blockchain technology and mainstream gaming.
- Market Outlook:
Analysts anticipate that GUN's initial trading price may range between $0.05 to $0.10. Depending on market dynamics and investor interest, the price could experience significant fluctuations in the early trading days.
- Conclusion:
The introduction of GUNZ on Binance Launchpool represents a significant milestone in the convergence of blockchain technology and AAA gaming. By enabling players to have true ownership of in-game assets and fostering a decentralized gaming economy, GUNZ is poised to redefine the gaming landscape. Participants in Launchpool have a unique opportunity to engage in this innovative project from its inception, potentially reaping rewards as the ecosystem evolves.
