To learn more about this project, check out our deep dive of CryptoZoon .

Exploring CryptoZoon (ZOON)

CryptoZoon is a digital collectible game inspired by Pokémon Story. Its goal is to create a comprehensive platform of digital creatures that will allow millions of individuals to engage in the NFT and blockchain-based gaming world in a simple, creative, and enjoyable manner.

Players have the ability to trade NFTs known as ZOANs, which are digital collectible creatures with various traits, levels, and tribes. All ZOANs hatch from eggs and go through an evolution process to reach their final stage of development. Players must spend a certain amount of ZOON to transition their digital creature from the egg phase to the ZOAN phase.

ZOANs can be trained and grown to battle against monsters called Yaki Monsters. By defeating Yaki Monsters, players can earn ZOON, the native token of CryptoZoon. There are four ZOAN tribes in CryptoZoon, each with its own unique abilities. ZOANs come in six different levels of rarity: Common, Uncommon, Rare, Super Rare, Epic, and Legendary.

Additionally, CryptoZoon offers an NFT marketplace where players can trade their ZOANs, as well as a farming feature where players can use their NFTs as collateral to farm liquidity. Players can also compete against each other to receive ranking rewards and breed their ZOANs to create new NFTs.

The Visionaries Behind CryptoZoon

The founders of CryptoZoon have chosen to remain anonymous. They cite the legal situation of cryptocurrency in their country as the reason for their anonymity. They point out that successful projects like Sushi have been built by anonymous founders, while projects like NanoDoge have experienced issues even with a public team. Although the team's origin is uncertain, it is possible that the project is from a country where cryptocurrencies have faced resistance, such as China.

The Unique Features of CryptoZoon

CryptoZoon follows the successful play-to-earn game model. Players have multiple ways to accumulate ZOON.

Firstly, they can engage in battles against Yaki Monsters and earn ZOON for successful victories. The game algorithm selects winners based on various factors, including ZOAN characteristics, rarity, and evolution levels. The rarer a ZOAN, the more turns it has to battle a monster every four hours, allowing it to earn more ZOON. The turns are distributed as follows:

ZOAN rarity level — frequency of ZOAN — turns to fight monster per four hours

Common 52.25% 1

Uncommon 26.12% 2

Rare 8.7% 3

Super Rare 6.53% 4

Epic 3.48% 5

Legendary 2.92% 6

In addition to battling regular Yaki Monsters, ZOANs can also challenge Yaki Bosses once a week. To participate, players need at least four ZOANs, including two ZOANs from rarity levels two and three, or one ZOAN from levels four, five, or six. The token reward is divided among the winners.

ZOANs that have reached level three or higher can be staked to generate farming rewards in the form of ZOON tokens. The team envisions a three-tiered profit system, where players can earn from holding ZOON tokens, use ZOON to purchase NFT creatures, and utilize these NFT creatures in battles and as collateral to generate more ZOON and BNB.

Related Pages:

Check out Axie Infinity (AXS) – another pet-oriented trading game incorporating NFTs.

Check out PancakeSwap (CAKE) — the token of the liquidity pool ZOON is listed on.

Learn how NFTs work in our guide to non-fungible tokens .

Get the latest crypto news and latest trading insights with the CoinMarketCap blog .

The Circulating Supply of CryptoZoon (ZOON) Coins

The total supply of ZOON is 1 billion. 25% of the supply was distributed in an IDO , with a soft cap of 400 BNB and a hard cap of 800 BNB. Each wallet received 2.5 BNB at a valuation of 312,500 BNB/ZOON.

According to the team, the IDO sold out in less than 25 seconds. 43% of the tokens are reserved for play-to-earn features, with 15% allocated for farming, 14% for monster battles, and 14% for trainings. 25% of the tokens are reserved for liquidity pools, while 2% are allocated for airdrops and 5% for developers with a one-year lock-up period.

Additionally, each transaction incurs a 5% fee for selling and a 2% fee for buying ZOON. These fees are redistributed to the marketing wallet and used for marketing, development, buybacks and burns, Yaki Boss killer rewards, and CEX listings.

The Security of the CryptoZoon Network

ZOON is a BEP-20 token on the Binance Smart Chain , while the NFTs follow the ERC-721 standard. The team chose BSC due to its full compatibility with the Ethereum Virtual Machine , pre-integrated oracles such as Chainlink , lower gas fees compared to Ethereum, and its compatibility with major exchanges.

BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators must stake a certain amount of BNB coins with Binance to be eligible.

Commencement of CryptoZoon Trading

CryptoZoon was launched on July 29, 2021, on Pancakeswap .

The Potential of CryptoZoon to Reach $1