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1. When are GUN tokens permanently burned?
Answer: B) When a HEX is decoded and an NFT is minted
Explanation: GUN tokens are permanently removed from circulation when players decode a HEX (an in-game loot crate) to create an NFT. This reduces the token supply, potentially increasing its value. Other options, like marketplace sales or validator caps, don’t involve token burning.
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2. When is a live token buy triggered on exchanges?
Answer: C) When players subscribe to OTG Pro or buy GUN in-game on mainnet
Explanation: Buying a premium OTG Pro subscription or purchasing GUN in-game increases demand, triggering buy orders on exchanges. Selling NFTs or withdrawing tokens doesn’t directly drive exchange purchases.
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3. What powers all on-chain activity on GUNZ?
Answer: B) GUN
Explanation: The GUN token is the main currency for all activities on the GUNZ blockchain, including transactions, NFT minting, and in-game actions. Neither ETH nor Validator NFTs serve this role.
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4. What happens once GUN is deposited into the game?
Answer: B) It’s locked and cannot be withdrawn
Explanation: Once GUN tokens are deposited into Off The Grid, they stay in the game’s economy and cannot be withdrawn. This keeps tokens within the ecosystem, unlike converting to fiat or limiting to validator rewards.
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5. What is the long-term vision behind GUNZ and GUN?
Answer: C) Play-to-own gaming economies with real ownership
Explanation: GUNZ aims to create a gaming economy where players truly own their in-game assets (like NFTs) through blockchain technology. It’s not just about earning cash or passive staking but building player-driven economies.
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6. What is the benefit of GUNZ’s permissioned contract model?
Answer: B) Only pre-approved, secure contracts can be deployed
Explanation: GUNZ only allows verified, secure smart contracts to be used, reducing risks like hacks. It prioritizes safety over speed or unrestricted deployment.
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7. What real-world regulatory step is Gunzilla pursuing?
Answer: B) Cayman Islands VASP license
Explanation: Gunzilla is seeking a Virtual Asset Service Provider (VASP) license from the Cayman Islands to operate legally with cryptocurrencies. It’s not pursuing a Dubai trade license or U.S. SEC token approval.
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8. What is a Validator NFT’s role?
Answer: B) Minting HEX NFTs and earning rewards
Explanation: Validator NFTs allow holders to stake GUN tokens, mint HEX NFTs, and earn rewards for securing the GUNZ network. They don’t control map access or generate random weapons.
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9. What makes GUN deflationary?
Answer: B) Token burns tied to gameplay actions
Explanation: GUN tokens are burned during gameplay actions, like decoding HEX cubes to mint NFTs, reducing the token supply and making it deflationary. Locking team tokens or capping validators doesn’t directly cause this.
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10. What are HEX cubes?
Answer: C) Loot crates that decode into on-chain NFTs
Explanation: HEX cubes are in-game loot crates that players can decode into unique NFTs on the GUNZ blockchain. They’re not just weapons or off-chain cosmetics but versatile digital assets.
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11. What percentage of Gunzilla’s gross revenue is used to buy back GUN tokens?
Answer: B) 30%
Explanation: Gunzilla uses 30% of its gross revenue from Off The Grid to buy back GUN tokens, supporting the token’s value and the game’s reward system. It’s not 10% or 50%.
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12. What is the primary purpose of the GUN token in the GUNZ ecosystem?
Answer: C) Powering transactions, minting, and in-game activity
Explanation: GUN is the main token for transactions, minting NFTs, and in-game actions in GUNZ. It’s not limited to governance or used as a stablecoin for loans.
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13. What function does the crypto bank serve?
Answer: C) Lets users onboard without setting up a crypto wallet
Explanation: The crypto bank simplifies onboarding by managing tokens and NFTs for players, so they don’t need a separate crypto wallet. It doesn’t offer loans or NFT insurance.
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14. Why is the GUN token considered a sink-based economy asset?
Answer: B) Because it can’t be withdrawn once deposited into the game
Explanation: GUN tokens deposited into the game are locked, acting as a “sink” that removes them from external circulation. This, along with burns during gameplay, supports the token’s value. It doesn’t unlock everything or burn only during upgrades.
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15. What two types of rewards do Validators earn?
Answer: B) Minting fees and future resale commissions
Explanation: Validators earn fees for minting NFTs (like HEX cubes) and commissions when those NFTs are resold on the marketplace. They don’t get staking bonuses, free skins, or governance votes.
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16. Who earns a fee when a player resells an in-game item?
Answer: C) The original Validator who minted it
Explanation: When an in-game NFT is resold, the Validator who originally minted it earns a commission. Neither the player who found it nor the last seller receives this fee.
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17. How else can players acquire GUN tokens?
Answer: C) Purchase GUN on an exchange and deposit it into the game
Explanation: Players can buy GUN tokens on crypto exchanges and deposit them into Off The Grid for use. There are no free weekly airdrops or in-game mining options.
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18. What can GUN be used for in Off The Grid?
Answer: C) Cosmetics, subscriptions, HEX cubes, and more
Explanation: GUN tokens are used for buying cosmetics, subscribing to OTG Pro, decoding HEX cubes into NFTs, and other in-game activities. It’s not limited to subscriptions or staking.