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Gods Unchained: Institutional Report

4 min readResearch

Gods Unchained: Institutional Report

Gods Unchained: Abbreviated Introduction

Blockchain games have grown in popularity in the recent past. This growth has been enabled by the overall crypto industry’s development, the rapid expansion of the non-fungible tokens (NFTs) concept, and the initial success experienced by projects like Axie Infinity. The blockchain games market has become increasingly competitive, with many game studios entering the foray.

Against this backdrop, an Australia-based game developer, Immutable, developed Gods Unchained (GU), a free-to-play Trading Card Game (TCG). GU is one of the earliest TCGs to enter the market, and the players compete in duels using fantasy cards. The developers released the beta desktop version of the game in 2018. With the free-to-play (F2P) and Play-to-Earn (P2E) mechanisms, the developers target a broader audience of game players.

GU’s game economy is built around the GODS token, an ERC-20 token issued on the Ethereum network. In-game cards are NFTs based on the ERC-721 token standard. GU has integrated itself with Immutable’s layer-2 NFT platform: Immutable X. Immutable X provides benefits such as layer-1 gas-free NFT minting, increased transaction throughput, and faster trade confirmations.

The GODS token provides several utilities to its holders. $GODS can be used to pay for in-game purchases and fees, fuse new trading card NFTs, stake and earn rewards, and permit community governance on specific decisions.

Immutable Group is hiring talent across many verticals. Chris Clay leads the Project, previously the Game Director of the Magic: The Gathering Arena (MTGA). He is supported by a team of veterans in the gaming industry.

GU has experienced its fair share of obstacles and difficulties through its journey thus far in implementing P2E elements and delays in hitting roadmap milestones. However, the team is now focusing on a new roadmap centered around strengthening the $GODS token economy, daily play-and-earn, staking, solving issues and improving gameplay experience, and implementing governance.

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