What is Cosmic Guild? Detailed information about the project and CG token

Cosmic Guild Overview

What is Cosmic Guild?

Cosmic Guild is a decentralized autonomous organization (DAO) established with the goal of investing and building a community of gamers. Cosmic Guild is a place to help connect gamers and investors to GameFi projects. Thereby helping gamers make the most of their skills and experience to make profits as well as help connect investors' capital flows to potential GameFi projects.

What is Cosmic Guild?  Detailed information about the project and CG token

Cosmic Guild Vision

Cosmic Guild believes in building a community that connects gamers and investors that will help its members improve their lives better through the profits earned from Play-to-Earn games. The Cosmic Guild community will always maintain an NFT portfolio of top games in the crypto market and members can borrow them to experience.

In the coming years, Cosmic Guild will focus on investment opportunities with the metaverse and look for new strategies to maximize returns on its portfolio. Besides, the project also constantly welcomes, updates new changes of games and shares them with the community.

With the increasingly strong development of GameFi and metaverse projects, the later games will have more and more complexity in gameplay as well as in-game financial economy. Organizations like Cosmic Guild will be the unit to help investors manage and trade assets in the game. This is also the unit that will research, train and support gamers to play games and share profits.

Roles in the Cosmic Guild

Today's NFT games all require active participation from investors and players in the game to maximize profits. Most potential investors do not have the right time and expertise to play the game and manage their assets. With its structure, the members of Cosmic Guild will be divided into 3 positions with different roles to help the project achieve optimal performance for the stakeholders.

Guild master

Guild masters are elected by the DAO and given access to the guild treasury. They are also tasked with representing the Cosmic Guild at events or promoting important initiatives and proposals that help ensure the long-term benefits of the project.

Until phase 3 of the project development roadmap is reached, this role will be played by the founding team.

Manager (Manager)

The managers are senior members of the DAO, who have demonstrated their ability and expertise in whatever game the Cosmic Guild is participating in. The manager's role includes training new scholars on the game as well as developing new lands in the metaverse. Managers are the heart and core of Cosmic Guild to maximize profits and strategies are being implemented by the project.

Rewards for managers who are competent and actively contribute to building the community will be part of the profits earned from the scholars they have trained.

Scholar (Scholar)

Scholars are the main member force, making up the largest number of the Cosmic Guild. Each scholar will be entrusted, using the guild's digital assets to participate in the game. The rewards earned by the scholars will be divided equally between the guild and themselves.

Each scholar is interviewed and selected by the Cosmic Guild before joining. Elite scholars will be entrusted with better digital assets than ordinary academics. From there, benefit both the guild and the scholars by enhancing their ability to earn rewards from the games played.

Cosmic Guild also maintains a waiting list for academics to ensure that all of its digital assets are deployed and fully utilized.

Cosmic Guild main activities

Play-to-Earn subDAOs

Cosmic Guild is managing multiple subDAOs with the aim of optimizing capital flow and profits from various P2E titles. Profits will be invested in return for Cosmic Guild DAO with the following mechanism:

  • If the value of the CG coin is less than the value of the portfolio, the profit will be used to buy back CG tokens and burn. This is Cosmic Guild's deflation mechanism and helps increase the value of CG tokens.
  • If the value of the CG coins is greater than the value of the portfolio, the profits will be invested in buying more in-game items and expanding the pool of scholars.

In the future, subDAOs can expand into many different fields by developing business on digital real estate in the metaverse such as room rental, event organization, resource mining, etc.

NFT Rental Program

Cosmic Guild has a team of active, experienced members who can manage investors' NFTs. The project will safely rent those NFTs to academics to generate profits. These NFTs will remain in the custody and control of the investor and can only be accessed with their private key.

Participate in e-sports tournaments (Esports)

Cosmic Guild expects blockchain games in the future to hold many e-sports tournaments to expand and promote their games to more players.

With years of experience in developing the gaming community, Cosmic Guild will find, train and coach talented gamers as well as build e-sports teams to participate in tournaments and bring glory to the world. for the guild.

Cosmic Guild Current Portfolio

Cosmic Guild is currently investing in recent hit game projects in the cryptocurrency market such as Axie Infinity , Thetan Arena , Pegaxy, Sipher , Nyan Heroes, Star Atlas and MetaSoccer. With Axie Infinity, Cosmic has more than 350 scholars using guild Axies to play games, more than 500 scholars waiting on the waiting list. They are all managed and active at the project's Discord.

What is Cosmic Guild?  Detailed information about the project and CG token

Development roadmap

Stage 1 :

  • Development of Axie Infinity subDAO to increase the number of scholars to over 1000 as proof of scalability
  • Seed round for sale

Stage 2 :

  • Open a Public sale, the funds raised will be used to expand the guild's asset list
  • Building a scholar management system
  • Cosmic Guild Portfolio Management Tool
  • Rating System
  • Staking system
  • Launching more subDAOs to increase profits for Cosmic DAO

Stage 3 :

  • Launch DAO Governance
  • Launch of the NFT rental platform

Cosmic Guild developers and investors

Development team

Currently, the development team of the Cosmic Guild project has not officially announced information. On Medium Cosmic Guild, we only share development teams from famous companies like Coinbase, Gemini, and Binance.

The project team shares that they are true gamers with a strong passion for GameFi and have many years of experience in the cryptocurrency market. 

Investors

Cosmic Guild successfully raised US$1.5 million in Seed round led by Binance Labs. This round was attended by DeFiance Capital, Alameda Research, Play Ventures and strategic investors from the gaming ecosystem.

What is Cosmic Guild?  Detailed information about the project and CG token

Partner

Cosmic Guild is currently partnering with some famous GameFi projects such as CyBall, Sipher, Genopets, Summoners Arena, MetaSoccer…

In addition, Cosmic Guild also cooperates with many Filipino game streamers such as Supasam, Pakut TV, Jillian Santos, Chippu...

What is Cosmic Guild?  Detailed information about the project and CG token

Overview of the CG . token

CG is Cosmic Gulid's governance token. CG token holders will receive many benefits when participating in the Cosmic Gulid community including:

  • Governance : CG token holders have the right to participate in voting on decisions made by the DAO such as fund management, establishment of subDAO, capital allocation, recruitment programs, guild scholarships, etc.
  • Staking : Users who stake CG in addition to their monthly interest rate will also be able to use exclusive content from Cosmic Gulid, which may include discounts on NFT purchases and exclusive items…
  • Get exclusive rewards for the CG holder community.

General information about the CG . token

  • Token Name: Cosmic Guild
  • Ticker: CG
  • Blockchain: Updating…
  • Contract: Updating…
  • Token Standard: Updating
  • Token Type: Utility, Governance
  • Total Supply: 500,000,000 CG
  • Circulating Supply: Updating…

Allocate CG . tokens

  • Treasury: 25% (125,000,000 CG)
  • Community: 40% (200,000,000 CG)
  • Team: 15% (75,000,000 CG)
  • Seed Investors: 10% (50,000,000 CG)
  • Private Sale: 5% (25,000,000 CG)
  • Public Sale: 5% (25,000,000 CG)

What is Cosmic Guild?  Detailed information about the project and CG token

Release schedule

  • Treasury (25%).
  • Community (40%): Distributed to community members who have actively contributed to the Cosmic Guild DAO for over 60 months
  • Team (15%).
  • Seed Investors (10%).
  • Private Sale (5%): Distributing 10% after 9 months from TGE, the rest distributed in 24 months
  • Public Sale (5%): No lock

What is Cosmic Guild?  Detailed information about the project and CG token

How to earn and own CG Token

Currently, the project has not announced details about the public sale of CG tokens. TraderH4 will update readers as soon as possible when the project publishes more official information.

Should invest in Cosmic Guild or not?

The Play-to-Earn (P2E) model will completely change the traditional game industry when profits are no longer concentrated in the hands of publishers but will be distributed equally to gamers. Some successful projects in the past time can be named such as Axie Infinity, Sandbox, Decentraland…

In the past year 2021, with the explosion of the GameFi, Play-to-Earn, metaverse wave, the blockchain field has thrived. Entering 2022, although the market entered a period of adjustment and purification of low-quality games, GameFi still continued to attract many new investors to join. According to a report by DappRaddar, in January 2022 blockchain-based games received over $1 billion in investments. The report also reveals that GameFi accounts for 52% of blockchain activity so far in 2022. Not only creating a new virtual economy that brings value directly to players, GameFi is also a gateway between the traditional market and the crypto market. 

The player community and in-game finance are also very important factors determining the success or failure of the game itself. Guild models like Cosmic Guild focus on community factors, supporting and connecting investors with gamers to optimize profits.

For current GameFi projects, investing directly in their governance tokens without participating in gaming is quite risky. When the game is officially launched, users who invest in NFTs to play the game can get both their investment and attractive rewards. If you don't have much time to play games but still want to invest in P2E projects, you can invest and deposit NFT in Cosmic Guild to optimize your profits. You can also invest in CG tokens to receive more attractive benefits and help the Cosmic Guild community grow.

summary

Cosmic Guild is a potential project focusing on the gaming community, NFT investors, developing according to GameFi and metaverse trends. In the future, when GameFi and metaverse projects are growing, Cosmic Guild promises to be a place to support investors in managing and optimizing their NFT assets while also supporting, orienting and developing Gamer community development. Hopefully, through this Cosmic Guild project review article, readers will have more useful information about this project to make the best investment decision.

For more details about the project, readers can view information at the media channels:

Twitter | Facebook | Telegram | Discord | Medium | Project information



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