What is $CGG?
The ChainGuardians Governance Token ($CGG) is a digital utility token which reflects your voting power and enables you to participate in the decision making process for the strategic direction of the company, alongside a group of like-minded community members, through sharing your ideas to enhance the ecosystem.
How is $CGG Used within the eco-system?
From a more technical perspective, The ChainGuardians Governance Token ($CGG) can be understood as a cryptographic utility token (also known as a cryptocurrency) built on the Ethereum blockchain, which follows the ERC-20 standard. It plays a crucial role in the governance of the ChainGuardians ecosystem, which includes various decentralized applications (DApps) and services.
Other than governance, one of the other main uses of $CGG is to purchase, trade, and collect unique digital assets within the ChainGuardians ecosystem. This includes the ChainGuardians games and ChainBoost protocol.
ChainGuardians
- Purchase in-game assets across the ecosystem
- Pool your $CGG to earn more tokens (Decentralised Finance or DeFi)
- Pool your $CGG to earn digital assets (staking)
- Cover mining and transaction fees (road-map)
- Buy digital assets from the marketplace
- Make digital and physical merchandise purchases (road-map)