Off the Grid creator Gunzilla Games is set to launch its Avalanche L1 blockchain GUNZ Network and native GUN token on March 31, meeting its earlier Q1 2025 target. This highly anticipated network launch will also see the GUN token become tradable on Binance, with a seed tag indicating its innovative nature and potential volatility.
The official GUNZ network account announced the exciting news, stating that the AAA gaming ecosystem in Web3 is making its way to Binance, one of the world’s leading exchanges. The GUN token will have a total supply of 10 billion tokens, with 4% allocated for rewards to token stakers through Binance Launchpool.
Just a few months ago, Gunzilla Games partnered with investment firm Delphi Ventures to establish the GUNZ Foundation, a nonprofit organization overseeing the network launch and token distribution. This collaboration has paved the way for the upcoming launch and has garnered significant attention in the prediction market.
Following the announcement, MYRIAD prediction market odds fluctuated dramatically, initially favoring a “No” outcome but quickly shifting to a majority in favor of a successful launch. However, current sentiment suggests some doubt among users regarding the launch timeline.
Once the mainnet is live, players of Off the Grid will have the ability to trade in-game assets like weapons and skins, as well as the GUN token itself. The GUNZ platform promises to revolutionize in-game economies by allowing players to turn their items into tradable NFTs within the game or in external marketplaces.
Prior to the mainnet launch, users have been engaging with the GUNZ testnet, earning GUN tokens and in-game items through gameplay. While testnet balances are expected to reset at mainnet launch, unique assets will be retained, offering players the opportunity to continue trading valuable items.
Some players have already begun trading assets on unofficial “black markets,” showcasing the demand for in-game items ahead of the mainnet launch. Gunzilla Games’ Off the Grid, available on PC, PlayStation 5, and Xbox Series X, has been a hit since its early access release in October 2024, attracting both gaming and crypto enthusiasts.
The GUNZ network is not exclusive to Off the Grid, as other game studios will also utilize the platform for their titles, utilizing the GUN token across various games. Despite the excitement surrounding the launch, Gunzilla Games has yet to respond to inquiries regarding the upcoming milestone.
This article was expertly crafted by our team and edited by Andrew Hayward for clarity and accuracy. Stay tuned for more updates on the GUNZ Network launch and its impact on the gaming industry.