Original | Odaily (@OdailyChina）

Author | Asher (@Asher_0210）

Last night, Binance officially announced that the 66th Launchpool project GUNZ (GUN) has been launched, which is an L1 public chain developed by Gunzilla Games specifically for AAA games. As soon as the news broke, the long-dormant game chain community instantly became excited, with many "old game chain enthusiasts" actively sharing their expectations and excitement on various social media platforms, with many exclaiming: "Game chains are finally coming back!"

As one of the few heavyweight game chain projects recently, Odaily will now help everyone understand the game chain project GUNZ launched on Binance Launchpool, including its token economic model and participation in staking mining tasks.

Project Overview

GUNZ is an L1 public chain based on Avalanche Subnet, developed by the German game company Gunzilla Games, specifically designed for AAA games. Its first application case is Gunzilla Games' flagship game Off The Grid, a cyberpunk-themed battle royale game that has attracted over 12 million wallets and 230 million transactions. Gunzilla Games' CTO Timur Davidenko previously served as the technical director at Crytek, the developer of the Crysis series and Far Cry, for 18 years.

As one of the first crypto economies in the AAA game field, the GUNZ chain grants players ownership of game assets through Non-Fungible Tokens, building a fairer and more sustainable game ecosystem. GUNZ adopts a customized consensus mechanism, achieving tens of thousands of TPS per second, with gas fees approaching zero, and is compatible with Unity/Unreal engines, allowing developers to seamlessly migrate traditional games to the chain and significantly lower the development threshold. GUNZ aims to provide verifiable transparency to the game community and blockchain enthusiasts, enabling players to truly own in-game items. Currently, GUNZ is in the testnet stage (testnet blockchain explorer link: https://testnet.gunzscan.io/), with the mainnet coming soon.

According to ROOTDATA, Gunzilla Games has completed two rounds of financing, totaling $76 million:

• On August 9, 2022, Gunzilla Games announced the completion of a $46 million financing round, led by Republic Capital, with participation from Griffin Gaming Partners, Animoca Brands, Jump Crypto, and notable angel investor Justin Kan, co-founder of Twitch;

• On March 26, 2024, Gunzilla Games announced the completion of a $30 million financing round, led by Blizzard Fund from Avalanche and CoinFund.

Initial Circulation of Only 6.05%

According to information disclosed by Binance, the native token of the GUNZ project is GUN, with a total supply of 10 billion tokens. In terms of token allocation, the initial circulation is 604,500,000 GUN tokens, accounting for 6.05% of the total supply. Among these, Binance Launchpool will distribute 400,000,000 GUN tokens, representing 4% of the total supply, to provide mining rewards and liquidity support for early participants.

Additionally, the GUNZ project team has reserved a portion of tokens for game ecosystem incentives, which may continue to empower game players and the community through Non-Fungible Token assets, Play-to-Earn, and other incentive mechanisms in the future. The GUN token will not only serve as a medium for on-chain transactions and gas fees but may also play a role in game item trading, governance voting, and other aspects, supporting the long-term development of the GUNZ ecosystem.

The detailed token allocation plan is still pending official announcement, with the market focusing on the specific allocation percentages for different segments such as the team, investors, and ecosystem funds, as well as future unlocking plans.

How to Participate in Binance Launchpool Staking Mining

Odaily will demonstrate how to participate in this event using a computer.

STEP 1. Enter the Binance Launchpool page (link: https://launchpad.binance.com/zh-CN) and find the GUN project.

STEP 2. Select staking assets: This Binance Launchpool supports mining with BNB pool, FDUSD pool, and USDC pool, with token reward ratios of 80%, 10%, and 10% respectively. The hourly reward caps for individual users in each pool are 444,444, 55,555, and 55,555 GUN tokens.

STEP 3. Start mining: Select the token you want to stake and click "Confirm". After staking begins, GUN token rewards will be automatically calculated and distributed every hour.

Regarding this event, participants should note the following details:

• Restrictions: KYC identity verification is required;

• Total reward pool: 400,000,000 GUN tokens (4% of total token supply);

• Event duration: March 28, 08:00 (UTC+8) - March 31, 08:00 (UTC+8);

• GUN token listing information: Listed on March 31, 21:00 (UTC+8), supporting trading pairs: GUN/USDT, GUN/BNB, GUN/FDUSD, GUN/TRY.

Ongoing Interactive Activities

In addition to the Binance Launchpool staking mining task, on March 25, the GUNZ Official Twitter announced the integration with Zealy. Through this integration, players can participate in tasks and receive token rewards with seamless blockchain verification. Tasks include social tasks, GUNZ wallet tasks, and game access tasks (participation link: https://zealy.io/cw/gunz/questboard).

GUNZ tasks on Zealy

Summary

Unlike many GameFi projects, Gunzilla Games has chosen a path closer to traditional games. As with its flagship game Off The Grid, it has not built a complex economic model around the token, but instead uses blockchain technology to open up game item ownership, allowing players to freely and transparently trade assets. This model may attract more traditional players and bring new development opportunities to game chains.

Moreover, with the popularity of VR/AR hardware, the demand for immersive gaming experiences is rapidly growing. With its 3A game graphics and decentralized asset ownership, GUNZ can not only enhance player experience but may also become a key infrastructure for promoting "game crossover", opening up broader development space for the game chain industry.