$GENE one of two cryptocurrencies used in Genopets, a “move-to-play” virtual pet care game with virtual reality support for mobile (Android, iOS). $GENE serves as a governance and staking token, and is required for crafting various in-game items. Staking $GENE allows users to earn rewards, access exclusive content, and contribute to decision-making through governance.
It is a fungible, Solana-based token limited to a total original supply of 100,000,000.
The price of this token is subject to high volatility.
What are $GENE tokens used for?
- Staking for Rewards: Users may stake/lock GENE tokens to earn in-game benefits, rewards, and exclusive content (with associated risk of token value loss).
- Exclusive NFT Sales: $GENE holders may participate in Genesis drops, seasonal sales, and partnership events.
- Governance Voting: $GENE holders may participate in future decision-making on game mechanics and token emissions.
- In-game Crafting: $GENE is required for crafting valuable items and minting new Habitats.
How to acquire $GENE tokens?
- Staking for Rewards: $GENE holders may stake/lock $GENE to earn additional $GENE tokens and in-game benefits (with associated risk of token value loss during lock period).
- Treasure Hunts & Campaigns: Players may acquire $GENE by participating in future treasure hunts and special Genesis NFT campaigns.
- Airdrop Campaigns: Players may obtain $GENE through airdrop events, including collaborative and partnership drops.
- Crypto Exchanges: $GENE may be purchased on a cryptocurrency exchange, and imported into the game through a player’s crypto wallet.
⚠ Disclaimer: The above information has been gathered from the coin's whitepaper and other official sources, such as social media channels. Some features may be planned but may never be implemented. Web3gamer doesn't recommend buying cryptocurrencies except for gaming purposes and within your usual gaming budget.