What is the ChainGuardians Governance Token — $CGG?

ChainGuardians
4 min readMay 5, 2022

An introduction to $CGG - the ChainGuardians Governance Token

Courtesy of the ChainGuardians design team

$CGG Across the ChainGuardians Ecosystem

$CGG is the utility and governance token that powers the ChainGuardians ecosystem, which includes:

  • ChainGuardians — the play-to-earn digital gaming platform
  • ChainBoost — the world’s first play-to-participate launchpad and incubator
  • Cryptoverse — the Metaverse of Everything

Imagine projects like Axie Infinity, PolkaStarter, and Decentraland powered by the same utility and governance token. This is the level of utility being built around $CGG — powering a P2E RPG, an NFT Mining game, a launchpad, and a Metaverse.

$CGG powers the play-to-earn ChainGuardians RPG and NFT mining platforms. Additionally, the token paves the way for an innovative fractionalized NFT reward model, which empowers $CGG holders to stake to earn rare ChainGuardians NFTs. ChainGuardians has two extremely exciting utilities set to appear this year, governance and an internal marketplace.

Use of $CGG on the ChainGuardians platform enables and contributes to a user’s BoostScore, the central mechanism for participation on ChainBoost. In essence, the more $CGG a user stakes, the higher that user’s BoostScore will be, granting a higher probability of early access to IDOs and INOs.

In addition, $CGG has a variety of uses in the Cryptoverse, including transacting LAND and assets in the Cryptoverse marketplace as well as for marketplace fees. Further functions encompass public transportation costs, LAND sharding, and compilation, and purchasing LAND clearing tools. $CGG will be central to empowering users to create and monetize experiences in the Cryptoverse and will be key in enabling governance that will direct its development into the future.

$CGG Across the Blockchain

$CGG is an ERC-20 token that may be found on Ethereum, Polygon, and BNB Chain (formerly BSC). The relevant token addresses are:

Offering $CGG on multiple chains provides the advantage of making a variety of DeFi and other user-centered opportunities available now and in the future. Watch for further expansion of the $CGG token as the ChainGuardians ecosystem continues to realize its vision of cross-chain development.

Driving Utility, Driving Value

The ChainGuardians ecosystem is designed to consistently enhance the utility of the $CGG token, driving value to the token and supporting the long-term sustainability of the token economy. Through playing and engaging in the ecosystem, users earn $CGG that may then be used to enhance their experience, further their ability to earn and extend their access to opportunities previously available only to a select few.

This is the vision directing the development of the ChainGuardians ecosystem: to disrupt the status quo of gaming and social economies, to shift the power of wealth to community and users, to celebrate the ownership of assets and experiences, to allow for the monetization of time, energy, and effort, and to revolutionize the trade and commerce industries. Holding, staking, and using $CGG across the ecosystem is key to participating in each element of this vision and to taking part in the future of blockchain-based gaming and social engagement.

Please see the links below for more information about $CGG and to participate in the ecosystem and communities it powers.

$CGG Governance

About ChainGuardians

ChainGuardians are a blockchain-meets-superheroes gaming ecosystem that combines traditional gaming concepts with blockchain technologies. As well as boasting the world’s first NFT mining platform and interoperable RPG, our ecosystem also merges awe-inspiring artwork with imaginative storytelling. ChainGuardians amalgamates the juxtaposed concepts of play-to-earn and free-to-play through a balanced in-game ecosystem and provides users the ability to make critical decisions through governance.

Website | Twitter | Telegram | Discord | Instagram | Medium | YouTube

About ChainBoost

ChainBoost is a gamified launchpad and incubator protocol that provides exclusive early access opportunities for loyal supporters to participate in emerging crypto projects. Loyalty is determined by BoostScore, an innovative credit system that rewards desirable user behavior and engagement within the ChainGuardians ecosystem. Through high selection standards and implementation of the BoostScore system, ChainBoost connects proven early-project supporters with promising early projects.

Website | Twitter | Telegram | Discord | Medium |YouTube

About The Cryptoverse

The Cryptoverse is an immersive 3D virtual world built in Unreal 5 which is underpinned by blockchain technology. Within The Cryptoverse, users will be empowered to create, own LAND, govern and monetize experiences using $CGG, the token which also underpins the ChainGuardians and ChainBoost ecosystem.

Website | Twitter | Telegram | Discord | GitBook | Medium | YouTube

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