Traders and investors are now able to trade VOID tokens from the upcoming battle royale role playing game Hodl God on decentralized exchanges Bancor and XNation. Studio Onessus will introduce VOID in both the game and their ecommerce anti-fraud solution. The liquidity pool on Bancor starts with a 2000 dollar pool and Onessus will expand when needed.
Users will be able to acquire VOID through different dapps, using Bancor, Paypal and Coinbase. Currently VOID is native to EOS and WAX, but in time Onessus wants to move the token onto other blockchain networks as well.
The launch of VOID on a decentralized exchange doesn’t come as a total surprise. The market share of decentralized exchanges (DEX) has increased significantly in the past couple of months. Platforms like Uniswap – and recently SushiSwap – are pushing the market forwards, while decentralized finance as a whole has become a multi-billion dollar market. At the same time projects like The Sandbox have also launched their in-game tokens before the actual launch of their product.
What is Hodl God?
In Hodl God players can either compete in a 50-player battle royale, in which the last man standing is the ultimate winner. The other option is to dive into the crypto bounty mode, allowing players to earn Hodl God tokens and very rare cosmetic gear that can be traded on an open marketplace. The developers are making the game with the Wax blockchain in mind.
Players who have VOID tokens in their wallet, are able to play the crypto bounty mode for free. Those who don’t, will need to pay a one dollar fee in order to compete for prizes. “We are leveraging the blockchain and creating a new type of F2P business model”, the studio said in their own announcement blog.
Users can buy or sell these VOID tokens using Bancor, Paypal or Coinbase. This makes them very accessible for all kinds of players. VOID can be converted into game credits, or users can stake it for passive income. VOID whales can also lend their tokens to other players, which gives them 50 percent of the crypto earnings. However, in-game assets always go to the player.
Hodl God is currently in early alpha development.
Robert Hoogendoorn is a gamer and blockchain enthusiast. He got in touch with crypto in 2014, but the fire really lit in 2017. Professionally he’s a content optimization expert and worked for press agencies and video production companies, always with a focus on the video games & tech industry. He’s a communication consultant for blockchain start-ups and writes not only for Play to Earn, but also other dapp websites and tech magazines.