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 using NFTs. The platform’s first sport, Genesis League Targets, is about to be launched in early 2023 in partnership with the Main League Soccer Gamers Affiliation. The newest announcement appears to be like to pave the way in which for the upcoming launch.
Beginning on November eighth, customers on the Genesis League Sports activities web site will be capable of stake the GLS governance token, $GLX, customers may even be capable of declare the Genesis League Recreation Time token $GLGT, this token can be used to take part in unique or presale drops and occasions on the GLC platform. As of November eleventh, customers will then additionally be capable of burn $GLX tokens and mint the stablecoin, $GLUSD, which acts as the principle in-game forex.
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 chopping a path for the brand new period of sports activities gaming by constructing Genesis League Sports activities on Web3 to be able to improve the gamer expertise. We’re intentional and considerate in our strategy to our tokenomics system, and we’re all the time pondering of the sport’s longevity and our professionalism as an organization navigating the brand new frontier of blockchain know-how. This launch can be a terrific subsequent step for our GLS neighborhood.”
Customers with current accounts for Genesis League will be capable of login and handle their account and people who usually are not signed up can be part of to start out partaking with the platform now, earlier than the total launch subsequent 12 months. Card parks are additionally at present obtainable for presale.
