The blockchain-based card game Gods Unchained is giving would-be players a glimpse of what it will actually look like in action.
The fantasy-themed trading card game, which draws inspiration from Magic: the Gathering and Hearthstone, uses the ethereum blockchain to house cards in the form of non-fungible tokens (NFTs). It has attracted attention from big-name investor Coinbase Ventures, which participated in a $2.4 million seed funding round led by Continue Capital and Nirvana Capital in May.
Fuel Games, the Sydney-based startup behind Gods Unchained, has also managed to win over the market despite tough conditions for crypto companies. In July it sold a single card – the “Mythic Hyperion” – for 146 ether, which at that time was worth over $60,000.
Notably, that sale was within sight of the record auction price for a trading card, set at $87,000 by a rare Magic card just days beforehand. Altogether, Fuel has sold around 1.6 million cards, bringing in $2.8 million, according to Fuel Games co-founder and CEO James Ferguson.
Now, in a new video shared exclusively with CoinDesk, Fuel Games is showing what buyers will be able to do with those cards:
Ferguson told CoinDesk:
“When we set out to build Gods Unchained, we really wanted to deliver the quality you would expect from triple-A publishers.”
Gods Unchained will enter closed beta in the next couple of weeks, said Ferguson, allowing the company to “stress test” the game with players who have purchased cards. An open beta period of around three months will come next, followed by full launch.
Fuel Games has departed from normal blockchain gaming practices in developing Gods Unchained. Gameplay happens on Fuel’s servers, given the transaction costs and and slow processing associated with on-chain gaming.
Fuel also used the Unity game engine to develop the game, rather than having it “live in the browser,” said Ferguson, because “we knew very early on that what we wanted wasn’t possible in browser.”
Ethereum plays a key role in Gods Unchained, however, given that the cards live on the blockchain as NFTs, the technology behind CryptoKitties. That way – the designers say – “nerfing,” or intentionally weakening, the cards won’t be possible.
Sep 23, 2020 at 16:00 UTCBitcoin News Roundup for Sept. 23, 2020With the bitcoin market weakening and an ECB update, CoinDesk’s Markets Daily is back for your latest crypto news roundup!For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.Today's Stories:Bitcoin inventory is building on exchanges…
The Depository Trust and Clearing Corporation (DTCC), the world’s largest securities settlement system, completed a pilot project with blockchain oracle Chainlink (LINK) and multiple major U.S. financial institutions, aiming to help accelerate the tokenization of funds, according to a Thursday report published by DTCC.The purpose of project called Smart NAV was to establish a standardized
feature One of the underwriters behind BitGo’s $100 million cryptocurrency insurance policy has accused the custodian of exaggerating the scope of its coverage by using “ambiguous language” in public statements. The controversy boils down to three words. In its February 20 press release, BitGo listed “third-party hacks” among the risks covered by a group of…
Apr 16, 2020 at 20:01 UTCUpdated Apr 16, 2020 at 20:37 UTCBitcoin startup Purse will shut down after six years in the space, according to an email sent to customers Thursday and confirmed by CoinDesk.“We’ve made the very difficult decision to dissolve the company,” the email states. “We’re grateful for the opportunity afforded by our…
The U.K.'s FCA says it will prioritize trust over speed when it comes to crypto registrations.The industry have said the FCA takes too long to approve crypto applications. The regulator has only approved 45 firms in four years.The U.K.'s Financial Conduct Authority (FCA) won't compromise a focus on trust just to more quickly register crypto
Dec 2, 2020 at 9:32 a.m. UTCUpdated Dec 2, 2020 at 9:35 a.m. UTCSydney, Australia(Olga Kashubin/Shutterstock)Crypto.com Secures Australian Financial Service LicenseHong Kong-based Crypto.com has secured an Australian Financial Service License through its acquisition of a firm called The Card Group Pty Ltd.The license has been approved by Australia’s Foreign Investment Review Board which examines proposals…
Feb 6, 2020 at 09:30 UTCUpdated Feb 6, 2020 at 09:34 UTCBitcoin’s Uptrend Is Gathering Pace and Many Altcoins Are Surging TooView Bitcoin bulls pushed prices to fresh three-month highs above $9,700, reinstating the bull view aborted by a doji candle earlier this week. The indicators on the daily and weekly charts are signaling strong…
Grayscale's popular bitcoin trust once again led the pack with over $200 million in inflows every week.Grayscale CEO Michael Sonnenshein(CoinDesk archives)Jan 14, 2021 at 4:29 p.m. UTCGrayscale’s Crypto Products Raised Over $3B Last Quarter, the Most EverGrayscale Investments raised $3.3 billion across its cryptocurrency investment vehicles in last year’s fourth quarter, a record for the…
Here's something you don't see every day: an ICO that has actually led to a shipped, working financial product. Revealed exclusively to CoinDesk, Argentinian startup Ripio is making peer-to-peer microloans available today to all its 200,000 bitcoin wallet users in Argentina, Mexico, and Brazil. The Buenos Aires-based company raised $37 million in an initial coin offering (ICO)…