GUNZ Raises $120M With Backing From Binance and Coinbase

4 mins mins

Key Points:

– $GUN launched with 10B supply, 400M distributed via Binance Launchpool (Mar 28–30), now trading on 4 pairs.
– GUNZ ecosystem hits 14.5M wallets, 480M transactions, backed by $120M funding and top VCs like Binance, Coinbase, and Animoca.

GUNZ Raises $120M With Backing From Binance and Coinbase

GUNZ Launches $GUN Token With 10B Supply and Binance Backing, distributing 400 million tokens through a Launchpool event and kicking off trading across four Binance spot pairs as the Web3 gaming chain reports over 14.5 million wallets and 480 million transactions.

The Binance Launchpool (March 28–30) offered 400M $GUN to stakers of BNB, FDUSD, and USDC, followed by listings on GUN/USDT, GUN/BNB, GUN/FDUSD, and GUN/TRY.

Backed by Coinbase Ventures, VanEck, Animoca, and Twitch co-founder Justin Kan, GUNZ now stands as one of the most well-capitalized gaming blockchains, positioning $GUN for deep utility across gameplay, infrastructure, and validator rewards.

GUNZ Tokenomics and Launchpool Details

The GUNZ platform launched with a total token supply of 10 billion GUN. From this, 400 million GUN (4%) were allocated to participants of the Binance Launchpool, aiming to promote early engagement and distribution.

At the time of listing, the initial circulating supply was 604.5 million GUN, or 6.05% of the total supply. This limited float was structured to help stabilize trading dynamics while offering allocation benefits to early participants.

$GUN Tokenomics Table. Image via GUNZ__Whitepaper

According to the whitepaper, the allocation is designed to support ecosystem development, community incentives, validator rewards, and long-term sustainability.

Token emissions follow structured vesting schedules across categories, with unlocks occurring gradually to manage supply pressure as shown by the Figure below:

$GUN Token Release Plan. Image via GUNZ__Whitepaper

All tokens sold, except the KOL allocation, remain locked for the first 12 months. Gradual unlocks are then applied to maintain stability and align with projected platform growth.

The GUNZ token model incorporates deflationary mechanisms and buybacks. Gunzilla Games commits 30% of Off The Grid’s revenue to repurchasing GUN from the open market.

These tokens are redistributed through the platform rewards system, tying token circulation to actual game activity. In parallel, Validator NFTs burn a portion of tokens when minting in-game items, helping to offset unlocked supply without undermining validator incentives.

Binance Launch – Staking Pools and Trading Pairs

The Launchpool event took place from March 28 to March 30, 2025, with users staking BNB, USDC, and FDUSD in exchange for $GUN rewards. Binance applied its Seed Tag to the token, indicating early-stage price fluctuation and increased user interest.

The token distribution model featured defined staking pools:

Pool	Amount (GUN)	Percentage
BNB Pool	320 million GUN	80%
FDUSD Pool	40 million GUN	10%
USDC Pool	40 million GUN	10%

Hourly caps per user were implemented to maintain equitable access:

444,444 GUN per hour in the BNB pool
55,555 GUN per hour in both FDUSD and USDC pools

Following the staking event, GUN began trading on March 31, 2025, across multiple Binance Spot pairs: GUN/USDT, GUN/BNB, GUN/FDUSD, and GUN/TRY. The listing provided immediate access to global liquidity and increased visibility on a leading exchange.

GUNZ Hits 14.5M Wallets and 480M Transactions in Early Access

GUNZ secured over $120 million in funding across several investment rounds. The capital enabled Gunzilla Games to build both the Off The Grid title and the blockchain infrastructure supporting the GUNZ platform.

According to investor briefings, the funds are allocated across:

Focus Area	Description
Game Development	Includes OTG and TechnoCore.
Infrastructure Rollout	Covers validator operations, wallet support, and blockchain explorer tools.
Ecosystem Incentives	Includes grants and third-party developer integrations.
Media and IP Efforts	Highlighted by the acquisition of Game Informer.

Additionally, five months after the launch of Off The Grid Early Access, the GUNZ ecosystem reported record-breaking testnet results:

14.5 million+ unique wallets
480 million+ transactions processed
900,000+ daily active wallets at peak

The scale of this funding positions GUNZ as one of the highest-capitalized Web3 gaming ventures, with resources allocated for long-term growth and operational resilience.

Top Investors Support GUNZ With Capital and Strategic Gaming Insight

A wide range of institutional and individual investors backs GUNZ. Notable firms include Coinbase Ventures, Delphi Digital, VanEck, Republic Capital, CoinFund, Spartan Group, Hack VC, Animoca Brands, Morningstar Ventures, Griffin Gaming Partners, and Raptor Group.

GUNZ Investors and Backers. Image via CryptoRank

Additionally, Justin Kan, co-founder of Twitch, joined as an angel investor, providing strategic experience in gaming and digital content.

These stakeholders are expected to offer more than financial support, contributing ecosystem connectivity, brand reach, and operational guidance to strengthen the project’s positioning in a competitive market.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.