Genesis Universe (GUT)

Past

Total Raise: $4M

Date: 14 Mar, 23 - 15 Mar, 23

Genesis Universe is a play-to-earn, multiverse NFT card game that allows players to mint NFT cards and discover a new world by choosing a faction of their choice to conquer more territories by partaking in glorious battles in PVP/PVE combats!

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Please be aware that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch doesn’t provide financial advice, nor does it intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 80+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

Genesis Universe Overview

Ticker: GUT

Blockchain Network: Binance Smart Chain

Country: Singapore

Founded: Mar 25, 2023

Whitelist: No

KYC: No

Bounty: n/a

MVP: Yes

Type: IDO

Industry: GameFi

Security Audit:

Yes

Genesis Universe Review

Last updated: 10 Jun

Genesis Universe unfolds as an immersive metaverse adventure, drawing inspiration from ancient mythologies and the trials of legendary figures navigating a new world. Powered by Binance Smart Chain (BSC), players delve into the rich tapestry of ancient lore, selecting factions to guide their journey. By furnishing faction NPCs with essential materials, players unleash heroes tailored to confront the challenges of this uncharted realm.

The acquisition of Hero Card NFTs and tokens rewards players, securely stored in their on-chain Wallets. In Genesis Universe, players collect diverse hero cards through drawing, trading, and engaging in battles to claim rewards. The ecosystem's value dynamics are driven by players, enabling seamless trading of in-game assets for digital currencies.

Developed independently by a blockchain firm called Superchain, Genesis Universe embodies Superchain's dedication to blockchain technology R&D, application, and service provision.

Genesis Universe’s Pros:

Has interesting game concept;
Has at least one security audit;

Genesis Universe’s Cons:

100% initial market cap compared to the Fully distributed value (FDV);
Discrepancy in Token Sale allocation stated in Public Tokenomics (15%) and the Real amount of minted tokens during all rounds (4.7%);
No info on the vesting schedule;
Weak marketing performance;
Team is anonymous