Ethereum
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-10.78% last 24h
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Balance: $0
($723.04 k)
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CoinMarketCap.comChainGuardians (CGG) functions in a Decentralized Autonomous Organization (DAO) framework, allowing the processing of decisions and proposals relevant to the ecosystem. Insight into the ongoing activities and augmentations within the ecosystem can be gleaned from the most recent proposals endorsed by the ChainGuardians DAO. A distinctive characteristic of CGG lies in its integration into the ChainGuardians platform, a merging environment of blockchain and gaming principles. This ecosystem deploys two distinctive tokens, ChainGuardian Credits (CGC) and ChainGuardian tokens (CGG), for in-game transactions. Additionally, ChainGuardians offers supplementary game content that enriches the gaming experience, predominantly in connection with world creation features.
The CGG token plays a vital role in ChainGuardians DAO's activities. Its primary utilization is for initiatives associated with community development, and the role of governance administration and process design falls in the hands of the Governance Architect. With the DAO, decision-making practices are unbiased, involving proposal submissions by the community members and consequent pollings. In this setup, the Guardian Board is actively involved, taking upon themselves the job of managing governance and addressing any hindrances affecting full participation. ChainGuardians DAO values feedback from the community and is enduringly committed to enhancing the game's content and playability. Emma Liu, Robbie Cochrane, and Idon Liu, the founders of ChainGuardians DAO, recognize the integral role of governance in fostering community growth. The ChainGuardians DAO medium platform facilitates a space for the exchange of experiences, ideas, knowledge, and wisdom during the course of shaping a comprehensive system. The Guardian Board's activities are piloted by a proposal and vote-driven governance methodology, which empowers members to have an influential voice in decision-making.
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CGG Metrics:
Current price: $0.0098
Market cap: $1.1 M
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $313
The CGG DAO oversees certain parts of the ChainGuardians ecosystem, including the ChainGuardians RPG, ChainBoost launchpad, and ChainGuardians Metaverse. The ChainGuardians token, part of multiple Ecosystems and NFT, is used for game-related functions such as character leveling and balancing. The DAO generates income through various sources and operates based on a steadily growing community. Snapshot and multi-sigs serve an integral role in the voting structure. The DAO's governance methods are geared towards ongoing learning and progress, emphasizing the significance of understanding the voting process and other related aspects. The Guardian Board members, including specialized ChainGuardians team members and a community representative chosen by the community, are involved in the DAO and token governance. The ChainGuardians platform features an NFT mining platform and a role-playing game, with a Project Lead responsible for the approval and introduction of new characters. The ChainGuardians network leverages the underlying technology of the Ethereum blockchain, following the ERC721 standard.
The CGG token is central to the ChainGuardians ecosystem, blending ordinary gaming concepts with blockchain principles to promote user-led economies. The platform introduces a play inclined NFT mining feature and a simulation game, which can be engaged in at no charge. It blends the unique characteristics of gaming and digital assets, offering opportunities for regular gaming experiences and engagement in token-related activities.
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