What is Gold Fever (NGL)?
Gold Fever token (NGL) is an Ethereum-based cryptocurrency that powers Gold Fever, a blockchain-based gaming project. NGL is the main in-game currency for the Gold Fever ecosystem. The above chart shows the up-to-date NGL price.
Gold Fever is a Web 3.0 RPG game built on the blockchain network. The game uses blockchain, cryptocurrencies, and NFTs to allow players to create, own, and exchange in-game items. The game allows players to engage in action-packed battles with varying character trends and complex terrain.
Gold Fever’s vision is to become a full-fledged play-to-earn game. Unlike traditional gaming projects, Gold Fever has complex strategy features, employing blockchain design to incentivize players. The game provides several earning opportunities. You can create and sell in-game assets, host arenas, can lend in-game currency, rent out in-game items, trade NFTs, and sell services to other players.
The game is also equipped with high-quality 3D graphics. It offers an immersive experience to players. Gold Fever setting is an unforgiving wilderness, where the gold rush pits two factions against each other. You can take various roles playing with either faction and earn rewards.
The in-game assets of Gold Fever such as land, weapons, and even characters are tokenized and easily transferable as NFTs. The NFT technology also gives the assets immutable and transparent provenance.
Besides NGL, Gold Fever has other token types that support the ecosystem, ensuring sustainability and growth. Jul is a virtual unit of account used exclusively within the game ecosystem. Juliu’s Brain (JBR) is a governance token, airdropped periodically. The token holders can influence decisions affecting the game.
Use Cases of NGL Tokens
NGL is the utility token for the Gold Fever ecosystem. You can purchase NGL from popular exchanges or mine it in the game. The token is the primary currency within the ecosystem, supporting every in-game transaction. Holders can also lend or stake the token temporarily. Staking offers several benefits such as discounts on the Gold Fever store, guild privileges, and VIP access to exclusive events. Gold Fever token price may vary frequently, therefore, you should analyze the NGL price before purchasing. The above live price chart offers up-to-date price data.
The token is an ERC-20 token, hence, it is transferable from the game to an outside wallet or directly to an exchange and it can be converted into cash.
Who Founded Gold Fever?
Gold Fever is a product of Bitter Cherry Productions, a multi-disciplined team, aiming to combine gaming and crypto to offer a unique experience to players. Emilian Ciocanea is the founder and CEO of Gold Fever. Emilian is a serial entrepreneur and product and business manager. He has more than 20 years of experience in his areas of specialization. Other leading team members are Jan Szymanski and Pavel Baslak. Jan is the game's art director with over 15 years of experience working in the game development field. Pavel, the CTO of Gold Fever, has previous founding experience in the gaming sector.
Tokenomics of NGL
Gold Fever Token is distributed effectively to ensure the sustainability and growth of the Gold Fever ecosystem. The token supply mechanism is designed to prevent excessive supply that may affect the Gold Fever price. NGL token distribution is as follows:
- Mining – 43.85%;
- Team – 15%;
- Staking and Liquidity – 10%;
- VC Round – 10.35%;
- Seed Round – 6%;
- Partners and Advisors – 5%;
- Angel Round – 3.8%;
- Marketing and Acquisition – 5.55%;
- SHG – 0.45%.
