What is Cryowar (CWAR)?
Cryowar is a free-to-play, online, multiplayer, PVP arena game based on the Solana network and built using Unreal Engine. Within the huge Sci-Fi Medieval gaming universe, players have to fight in epic multi-realm combat against one another. It is a war of talent to the death game in which players are engaged in a never-ending struggle for resources, territory, and dominance over the whole planet. The Cryowar token, known as CWAR, serves as the main currency within the platform. Check out the Cryowar price chart above to see the current CWAR price.
Every single player has the chance to defend their own realm, which will allow them to accumulate enormous prizes in the process. Only the most powerful will get to the top of the leaderboards. Players can choose from different heroes to play with. Each hero has a different story, skills, and playing style. Besides, they can upgrade their players and change their skins.
Lastly, note that Cryowar has cross-platform multiplayer support for the PC, iOS, and Android versions of the game.
Use Cases of CWAR Tokens
CWAR tokens have a variety of use cases. The following are the main ones:
- Staking. CWAR tokens can be staked to generate rewards. In terms of staking rewards, CRYO holders can expect to receive both transaction fees from trades on the platform as well as a percentage of profits from various gaming modules such as NFT Wars tournaments and battles.
- In-game item purchase and trade. CWAR tokens can be used to purchase in-game items, such as weapons, armor, and other virtual goods. Besides, CWAR tokens can be traded.
- Governance. CWAR tokens can be used to vote on game rules or changes to the game platform. The more CWAR tokens a player has, the more weight their vote will carry.
Planning to acquire CWAR tokens? Before doing that, analyze the Cryowar price chart above. Knowing the main trends in the CWAR price is beneficial.
Who Founded Cryowar?
The team of Cryowar consists of Nikolai Petrovich (CEO), Mariyan Boychev (CFO), Alessandro Ciavola Penneli (COO), and Konstantina Georgieva (CPO). Initially, the idea of the project was created by Nikolai and Alessandro when they were still studying in the university. Mariyan and Konstantina joined the project in 2020.
The development team members have more than 20 years of expertise in game design, blockchain technology development, security, cloud infrastructures, and networking.
Tokenomics of CWAR
In order to enable a prospective and sustainable DAO design, 1 billion Cryowar crypto assets were mined setting the max supply to that number. 50% of these tokens were made available for sale during the initial token offering. The remaining tokens were allocated towards project development (30%), team funds (10%), and marketing and partnerships (10%).
There is also a continuous buyback-and-burn mechanism set in place to ensure a healthy and stable CWAR price. A portion of all fees generated within the platform goes towards this mechanism.