The brand new system is being put in place earlier than the discharge of a brand new sport title subsequent 12 months
Genesis League Sports activities, a brand new sports activities gaming platform that’s being constructed on the blockchain has introduced it is going to be launching its personal tokenomics system, together with token staking, integration of different in-game currencies, and the launch of its personal stablecoin.
Genesis League Sports activities is a Web3-based cell sports activities gaming platform with a concentrate on Play-to-Earn ecosystems and the usage of NFTs. The platform’s first sport, Genesis League Objectives, is ready to be launched in early 2023 in partnership with the Main League Soccer Gamers Affiliation. The most recent announcement appears to pave the way in which for the upcoming launch.
Beginning on November eighth, customers on the Genesis League Sports activities web site will have the ability to stake the GLS governance token, $GLX, customers will even have the ability to declare the Genesis League Recreation Time token $GLGT, this token will likely be used to take part in unique or presale drops and occasions on the GLC platform. As of November eleventh, customers will then additionally have the ability to burn $GLX tokens and mint the stablecoin, $GLUSD, which acts as the principle in-game foreign money.
A brand new expertise for sports activities followers
CEO of GLS and GameFu firm, Splinterlands, Jesse Reich commented on the gaming platform and its future saying, “We’re actually reducing a path for the brand new period of sports activities gaming by constructing Genesis League Sports activities on Web3 so as to improve the gamer expertise. We’re intentional and considerate in our strategy to our tokenomics system, and we’re at all times pondering of the sport’s longevity and our professionalism as an organization navigating the brand new frontier of blockchain know-how. This launch will likely be an awesome subsequent step for our GLS group.”
Customers with current accounts for Genesis League will have the ability to login and handle their account and people who usually are not signed up can be a part of to begin partaking with the platform now, earlier than the complete launch subsequent 12 months. Card parks are additionally at the moment obtainable for presale.
