The post Dragon Crypto Gaming To Launch IDO Via Avalaunch This July appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
The emerging GameFi space has experienced a massive surge in interest and value. According to a report from Crypto.com, one of the leading crypto exchanges, GameFi saw an unprecedented rise in market cap from $0.48 billion in 2020 to a whopping $28.0 billion in January 2022. Despitethese remarkable statistics and figures, most commentators are of the view that the blockchain gaming space is still nascent, with current offerings leaving much to be desired.
While many projects have been launched to attempt to deliver an improved gaming experience on the blockchain, Dragon Crypto Gaming [DCG] stands out for its commitment to quality and game design excellence.
The Dragon Crypto Gaming Platform
DCG is positioned at the forefront of the play-to-earn [P2E] gaming industry as it seeks to deliver engaging, immersive, fun, and rewarding games. A product of a team of gaming enthusiasts and experienced developers, DCG’s game offerings provide genuine value accrual to the player through player-owned game assets in the form of NFTs.
The idea behind this gaming platform is relatively straightforward—build a collection of enthralling, competitive, and engaging games that entertain and enrich players. Through a complementary set game offerings, DCG aims to pioneer a sustainable P2E-based ecosystem that genuinely rewards community members.
The Legend of Aurum Draconis
As an evolving digital ecosystem that aims to combine outstanding gameplay and the P2E gaming model through a sustainable and user ownership model, DCG will launch The Legend of Aurum Draconis —its primary game offering.
Described as an old-school fantasy-themed RPG, The Legend of Aurum Draconis promises to be both nostalgic and immersive. It is a product of a carefully crafted combination of the best traditional off-chain gaming features with the reach and decentralization of web 3.0.
Players are thrust into the mysterious realm of Dragon Haven to seek their fortune, uncovering long-forgotten secrets and braving unknown dangers as they work their way through a story-driven questline. It features a huge variety of enemy encounters and loot drops, detailed character customization and levelling, resource gathering and crafting mechanics, an in-game player-directed marketplace and much more.
To get started on this game, players simply have to acquire a Dragon Crypto Hero NFT (pegged at just $100 on initial release) and connect to the game via a Web3 wallet such as Metamask. This greatly lowers the entry barrier into the GameFi space, where other GameFi NFTs frequently cost thousands of dollars.
Upcoming IDO and $DCAR Utility Token
The Legend of Aurum Draconis will feature a dual token economy, with the two DCG native tokens – $DCAR and $DCAU – serving as the foundation. $DCAR is the currency required to purchase crafting materials and land plots, and can be staked to earn a share of platform revenues. $DCAU is required to purchase Dragon Crypto Hero NFTs as well as to perform certain essential in-game actions such as healing and resting to recover your turns
It doesn’t end there; $DCAR will become the native gas token for DCG’s future Avalaunch subnet and both $DCAR and $DCAU will play a pivotal role in the platform’s future game offerings. The launch of this token aligns with DCG’s long-term goal of expanding its platform to launch a series of complementary and highly engaging games.
The Dragon Crypto Gaming’s initial DEX offering [IDO] will take place on July 26, 2022, via the Avalaunch Launchpad platform on the Avalanche C-chain. Registration for the IDO will kick off on Wednesday, July 20, 2022. After that, Dragon Crypto Gaming will participate inDexalot Price Discovery—a new token price discovery process that leverages an on-chain, transparent, and open auction—from the 27th to 29th of July, 2022.
Dragon Crypto Gaming will hold its token generation event on July 29th, 2022, which will run simultaneously with the Dexalot Price Discovery.
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