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Home»Altcoins»Gods Unchained launches on the Epic Games Store, GODS Spikes 50%
Altcoins

Gods Unchained launches on the Epic Games Store, GODS Spikes 50%

2023-06-24No Comments3 Mins Read
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Gods Unchained, a blockchain card trading game developed by Immutable Studio, has launched on the Epic Games Store (EGS). Following this launch, GODS, the native token of the Gods Unchained ecosystem, is up 50% from its June 2023 lows, expanding in line with the broader cryptocurrency markets led by Bitcoin, which is currently above $31,000 trades.

Gods Unchained launches on the Epic Games Store

The game recently announced debuting on the Epic Games Store, a digital gaming distribution platform serving more than 230 million PC gamers, including a community of digital trading card enthusiasts.

As one of the original web3 games, Gods Unchained is at the forefront of decentralized gaming. Gods Unchained now plans to attract more mainstream card game and strategy players and is undergoing an update, with an updated logo and updated visuals at various points, which would launch with the release of the Epic Games Store.

The PC game also teased a mobile-friendly design aimed at onboarding new users. Commenting on the launch, Daniel Paez, the executive producer of Gods Unchained, said that EGS will introduce the web3 game to a “massive audience of traditional PC gamers and TCG enthusiasts.”

Blockchain gaming, NFT activity recovery

The implementation on EGS is timely. Specifically, it is when the cryptocurrency market rebounds after months of lower lows in 2022. During the last bear cycle, cryptocurrency prices crashed from 2021 highs, impacting activity. Out of this, there was a significant contraction in non-fungible tokens (NFT) activity, which translated into low activity.

In the Gods Unchained blockchain games, all trading cards are represented as unique NFTs. These represent ownership and can be transferred between users, even exchanged for cash or other cryptocurrencies. Since trading cards vary in rarity, the value assigned to each card may change.

See also  Crypto analyst predicts a rise to $5

According to DappRadar, unique active wallets (UAWs) to stay steady at around 1,150, but lower than the 2021 peaks when it peaked at over 4,000. At the same time, Gods Unchained generated over $745,000 in active transaction values.

Right now, GODS, the native token of the Gods Unchained game, is rising in sync with the broader cryptocurrency market. GODS is trading at $0.16, up 50% from June lows. GODSUSDT Candlestick arrangement shows the token reaching a low after falling 75% from its February 2023 highs.

GODS price on June 23|  Source: Binance's GODSUSDT, TradingView
GODS price on June 23| Source: GODSUSDT from Binance, TradingView

Last year, Immutable Studio, the developer of Gods Unchained, had to lay off several employees, including senior game designer James Wakeham. These restructuring efforts resulted in a 6% reduction in the company’s headcount, yet Immutable Games remained optimistic about its future.

A spokesperson for the studio at the time said the decision was to help them “achieve the goal of creating the next generation of web3 games.”

Feature image from Canva, chart from TradingView

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