VVSgotchi Launches on Cronos, Expands dApp Ecosystem with Utility-Led NFT Play
LONDON, 29 December 2022 /PRNewswire/ — VVS Finance, the leading Automated Market Maker project on the Cronos chain, today announced the launch of Plumbing gotchia Web3 game acts as an extension of VVS Finances Miner Mole NFT project.
VVSgotchi provides users with a number of tasks and competitions. Users can create teams of up to five miners to embark on expeditions. The game provides a tangible benefit to the Miner Mole NFT collection by presenting opportunities for users to earn experience points (EXP). These points can then be translated into a higher NFT boost multiplier on the bet VVS Crystal Farms. A leaderboard page will rank Miner Moles according to the amount of EXP earned and will be divided into five rarities – Common, Special, Rare, Epic and Legendary. The higher the individual Mole’s rank on the leaderboard, the higher the NFT boost multiplier.
VVSgotchi will also offer the chance for users to win Miner Mole NFTs. These rewards are in addition to VVS Finance’s Miner Mole NFT benefits online and invitations to live events. To participate, players must have purchased at least one VVS Miner Mole via Embossed Marketplace.
As a simple, user-friendly, decentralized exchange, VVS Finance plays an important role in educating users about the power of Defi. Through the implementation of gamification, VVSGotchi hopes to educate, attract and engage users crypto space, with users expected to become increasingly involved in dApps such as crypto the industry is maturing. VVSGotchi will build on the progress already achieved to attract more users to the Cronos ecosystem by the VVS Finance Miner Mole NFT project.
Ken TimsitCEO of Cronos Labs said:
“This recent addition to the #CROfam further reinforces the efforts of the Cronos chain to bring the next billions to Web3 and DeFi by offering a diverse and exciting range of dApps. The launch of VVSgotchi will strengthen the GameFi vertical, which has been a top priority vertical for ecosystem development programs such as 100 million dollars-supported Cronos Accelerator Program. I’m proud to see that we continue to see exciting new product launches on the Cronos chain, even in these market conditions.”
To celebrate the launch, VVSgotchi will also be running a competition. Within three weeks from 29 December 2022 to 19 January 2023, VVSgotchi will monitor their leaderboards, and the top-ranked mole in each rarity category will win an additional miner. Winners will be randomly sent a Miner Mole NFT, which will also vary in rarity.
You will find more information about the competition here.
About VVS Finans
VVS Finance is the leading decentralized automated market maker (AMM) on Cronos. It’s designed to be the easiest place to trade and earn returns at the best price available.
Built on the low-cost, high-speed Cronos blockchain, VVS Finance is a proven, audited protocol that stands out thanks to its extensive rewards program. VVS Finance users can receive VVS, the governance token and/or partner rewards by providing liquidity to the protocol or staking on Glitter mines.
IN August 2022, VVS Finance launched the VVS Miner Mole collection of 10,000 tool-enabled PFPs (profile pictures). Each Miner Mole represents a membership card to exclusive privileges on the VVS Finance platform, including increased farming rewards, IGO benefits and access to future projects.
VVS Finance is incubated by Cronos Labs – the blockchain startup accelerator that helps developers create user-friendly applications on the Cronos chain and drive mainstream adoption of Web3.
About the Cronos chain
Cronos (cronos.org) is the first EVM-compatible Layer 1 blockchain network built on the Cosmos SDK, supported by Crypto.com, Crypto.org and more than 400 app developers and partners.
Cronos is building an open ecosystem where developers can create their own DeFi and GameFi applications, targeting a base of 70+ million users globally. Earlier this year, Cronos Labs launched a 100 million dollars Accelerator program to help developers build new projects and the future of Web3 within the Cronos ecosystem.
When developers build on Cronos, they can take advantage of everything Ethereum developer tools (ie Solidity, Truffle, Hardhat, OpenZeppelin, Web3.js, ethers.js, ChainSafe Gaming SDK); leading crypto wallets (e.g. MetaMask, Crypto.com Defi wallet, Trust Wallet); wrapped versions of the world’s top 50 cryptocurrencies; Cronos Play, a suite of developer tools for Unity, C++ and Unreal engines; inter-blockchain communication (IBC) cross-chain connectivity to Cosmos chains; and a rich ecosystem of composable DeFi and GameFi dApps.
SOURCE Cronos
