Review Good Games Guild ($GGG) – A Gaming Hub for NFT Games

The Good Games Guild project was born and contributed to the creation of the largest virtual world economy by investing in monetizing games and sponsoring millions of users to build a community. It is a DAO focused on NFTs commonly used in blockchain-based gaming and digital products.

What is Good Games Guild?

Good Games Guild is a Gaming Hub that aims to create the largest virtual world economy by sponsoring millions of play-to-earn gamers, investing in play-to-earn games along with their in-game assets, and building tools that will enhance the future of gaming and the meta-verse.

Outstanding features

What is the project trying to achieve?

Good Games Guild aims to convert the asset ownership in Metaverse to be a productive asset by utilizing the role and function of each guild member. These members will be the generators that will take the conversion of asset ownership owned by the project from regular assets to be the more productive ones. In the future, are optimistic that virtual assets will come to be the most desirable asset.

Additionally, this ownership can be traded or even rented through the NFT marketplace which is owned by the project. In this marketplace, everyone will also have the opportunity to sell NFT in games. This is obviously going to positively impact technology development and adaptation in the future.

The vision is to become one of the biggest Guild in South East Asia and be able to create a Play to Earn Game ecosystem for all guild members as well as grow to be the pioneer of metaverse development.

Vaults

Each token holder will get an additional benefit in a form of an annual yield reward by staking $GGG in the vault which represents each revenue stream from Good Games Guild.

For example, It will develop a special vault to accommodate sharing revenue from all breeding activities of renting Axie characters fee. Every $GGG token holder can stake in the designated vault to claim that breeding revenue proportionally, based on the amount of token staked. This mechanism will also apply to other project vaults.

Each vault will have its own terms & condition which covers the following scopes:

• Staking period
• Reward vesting
• Type of reward
• Percentage of total revenue

Business Framework

The main goal of Good Games Guild is to develop a platform that will facilitate all users to participate in digital economy activity in Metaverse. Hence, the project must have an appropriate business model.

The business model of Good Games Guild comprises two main aspects:

• NFT Asset Utilization
• NFT Marketplace

Business Proposition: NFT Utilization

The utilization of owned NFT assets will become the main revenue stream from the project. This asset utilization can be done in various ways, depending on the utility of the asset.

• Lend: If the owned assets function like characters as in the Axie Infinity game, the guild members will be lent those assets to be used in the game to earn rewards.
• Rented: If the owned assets function like a land where a third party can rent it and has its activities take place, they have to pay the rental fee for any activity they commit on that designated land.
• Sold: The owned assets can be sold if it is collectible assets in which they do not have a sustainable function within the game or its metaverse.

Business Proposition: NFT Marketplace

NFT Marketplace

The next Revenue comes from any transaction taking place at the project marketplace where Good Games Guild will charge 1.5% per transaction.

What is unique selling point?

Good Games Guild Features & Supporting Tools:

• NFT Asset Utilization & Monitoring The fund that is collected by Good Games will be utilized in a form of a productive Game Asset which the Guild can gain revenue from that. Some game asset utilisations that will be carried out are Gaming Scholarship, In-Games Assets Purchase/Rent, etc. In addition, all those assets will be closely monitored and reviewed by the project team.
• NFT Marketplace Through the NFT marketplace, the project and users can buy and sell assets related to the Game, ranging from Arts to Virtual in-game Assets.
• Good Games Mobile App Good Games Mobile App is a product created to help users, especially scholars, track their achievement, ranking, and rewards obtained from the game played. The app also has a feature to convert rewards into a fiat currency which later the users can withdraw without having to get to the centralized exchange that normally takes a long process and is costly.

Some of the revenue gained by Good Games Guild, either from asset utilization (gaming scholarship, asset buy and rent) or NFT marketplace, will be distributed to all Good Games (GGG) token holders via provided Vault.

Products of Good Games Guild

• Staking Pool

Users can stake tokens into the pool to receive rewards or participate in the project’s DAO governance model.

• Game Scholarship

Good Games Guild will provide scholarship packages for scholars (players without capital) and at the same time recruit managers to train scholars to play games.

• NFT Marketplace

NFT Marketplace allows users to purchase NFTs or in-game items through P2P trading. In addition, users can also purchase in-game items from the Good Games Guild.

It will charge a fee of 1.5% for each transaction made on the project Marketplace.

• Good Games mobile application

Good Games application will allow managing the work progress, rewards of scholar and manager.

Roadmap

The development of the Good Games Guild product will be divided into 4 main phases in which each phase will portray the project’s important future milestones.

In this developing phase, it will always monitor the market and community’s response to make sure that the delivered product has been appropriate to market and the community’s demand.

Technical data

Key metircs

• Token Name: Good Games Guild
• Ticker: GGG
• Blockchain: BSC
• Token Standard: BEP-20
• Contract: 0xd8047afecb86e44eff3add991b9f063ed4ca716b
• Token type: Utility, Governance
• Total Supply: 100,000,000 GGG
• Circulating Supply: 1,292,500.00 GGG

Token allocation

Token Release Schedule

GGG Token will be released in accordance with the schedule of each category and phase.

GGG Token will be fully distributed in the 48th month after TGE (Token Generation Event).

Token use case

It will issue Utility Token namely Good Games Token emblazoned with a $GGG sticker. Players use $GGG as a native currency in Good Games Guild Ecosystem on top of that it’s also tradable and has a burnt feature. $GGG also has some other functionality such as:

• Activities reward
• Payment on the Platform
• Governance (Voting Right & Proposal)

Good Games holder is able to claim rewards that have been distributed by GGG by staking GGG tokens in the provided vaults.

Token sale

Totally, 13,500,000 GGG Tokens will be on sale with the Token sale offering scheme. These schemes will be divided into 4 phases which are Seed Round, Private Round & Public Round.

By the time this Document is made, the token sale phase in Seed Round & Private Round is over. For the next, the token sale for public buyers will be carried out via IDO (Initial Dex Offering) platform

How to own the token?

Updating…

Markets and Community

Markets

With the global smartphone penetration rate estimated to be around 78% in 2020, many free-to-play games have found great success in reaching users on their mobile devices. It comes as no surprise that 43% of all smartphone users are related to gaming. This trend is even more prevalent in developing countries like the Philippines,….. Play-to-earn game developers in the GameFi industry are aware and have made games interoperable on multiple devices.

Community

Good Games Guild has crossed the mark of 169,000 Followers on Twitter

Backers

Team/ Founders

The key team of Good Games Guild consists of individuals with many years of experience in many fields such as Finance, Asset Management, Gaming to Blockchain.

Investors

Partners

Verdict

Good Games Guild is a development project modeled after the Yield Guild Game project. The project will buy NFT items and then provide accounts for gamers without capital, profits will be distributed to the project and gamers according to a certain ratio.

Find more information about Good Games Guild:

Website: https://goodgamesguild.com/

Whitepaper: https://docs.goodgamesguild.com/

Twitter: https://twitter.com/goodgamesguild

Telegram: https://t.me/GoodGamesGuildChat

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

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.

Elise

Coincu Ventures