By Jade Bertin Last updated Mar 13, 2024

Gold Hunt Game NFT: Overview and Statistics

Have you heard of the Gold Hunt Game? If you are a fan of P2E games, Gold Hunt Game NFT might have drawn your attention. For those who have a flair for this type of game, GHG is undoubtedly something they must try out.

The game originates from the Wolf Game, created by the same team behind the Gold Hunt. It represents its enhanced version regarding smart contracts performance and many more aspects.

GHG or Gold Hunt Game NFT is play-to-earn. A game was launched in November 2021. The game was originally created on the Ethereum network. In the last phase switched to the polygon network.

The reason for this is lower gas fees and better transaction speed. Generally, a Polygon network is more suitable if you release the NFT with low value and high frequency. Ethereum is better for NFTs with high value and high frequency.

Below, you will find all the necessary details about the Gold Hunt Game NFT, such as trading volume, main utility tokens, the way you can get them, and many more.

Gold Hunt Game NFT Storytelling

In the distant past, in a distant metaverse, a boat of explorers cruised the seas looking for new universes. At the given moment, the boat was secured at an enormous, unpopulated island.

This island abounded in gold by a fortunate turn of events, so the travelers became Goldminers. They carried gold bars with them coming back to the mainland. They became rich enough to appoint their helpers. Be that as it may, their fortune didn’t keep going long.

Treasure-chasing pirates overheard the story about an island that offered an abundance of wealth. They speedily rushed to the island to burglarize any passing boats!

Nobody could stop the hair-raising Pirates and the burglaries that occurred from one day to another, from one hour to another.

So the Governor of the island signed an agreement with the representative of the Pirates: the Goldminers would pay the Pirates $GGOLD for safe cruising. In any case, if Goldminer returns home and refuses to pay the fee, The Pirates burglarize them, assuming they found them.

Gold Hunt Game is a reverence to the well-known Wolf Game, which was immensely famous however needed to veer off from the first arrangement and quit selling tokens. The team behind the game introduced the most outstanding aspects from the first game and carried the battle to another reality, where brutal Pirates and courageous Goldminers battle for gold on Fortune Island.

The more significant part of the specifics of the game is notable to those who’ve played previously. So we welcome you to dig into the renewed and staggeringly outstanding experience to play as far as possible since developers have fixed every one of the bugs and weaknesses of the first game.

The Gold Hunt Game utility tokens

There are two utility tokens in the game: these are $GGOLD and $WOOD.

During the game, players stake Goldhunters and compete for the stashes of gold -$GGOLD. Once the $GGOLD utility token from the first Treasure island was spent, the competition relocated to the sea, and the players started minting ships. Then, they moved to the New Land and began farming the $WOOD utility token, which was necessary for minting the houses.

Houses stand for a seat in the Gold Hunt Game DAO., a local area of house proprietors that settle on the chief choices of the game through conventional democratic… The DAO is likewise driven by the DAO authority group, which has critical expertise in venture choices. The DAO likewise controls the local area subsidies that are created through specific mints and optional deals.

Gold Hunt Game NFT Collections Statistics

Gold Hunt Game Statistics

Let’s see some interesting statistics regarding Gold Hunt Game NFT. In the last seven days 14 Gold Huta NFTs were sold. The trading volume in the same period was $200, and the average price amounted to $14. The floor price is Ξ0.01, and the total supply is 40,001 tokens. There are 1 445 owners at this moment.

Gold Hunt Polygon NFTs Statistics

GHG has gone through relocation to Polygon to guarantee proficient interactivity and permit players to move resources between contracts at low expenses. That will boost the ongoing interaction experience while lessening exchange costs.

Let’s see some interesting statistics regarding Gold Hunt Polygon NFT. In the last seven days, 3 Gold Hunt Polygon NFTs were sold. The trading volume in the same period was $24.46, and the average price amounted to $8.2. The floor price is 0.02 ETH or $33.83, and the total supply is 39,983 tokens. There are 213 owners at this moment.

Gold Hunt Ships Collection

There are Items 2.9K. The collection was launched in December 2021. The total volume is 62.4 eth with a floor price of the item of 0.03 ETH

Gold Hunt Game – One of the most popular play-to-earn games

A number of blockchain games are “Play To Earn” (P2E) games. Among users around the world, they arouse a particular interest because they allow them to generate income by playing.

What is “Play to Earn”?A so-called “Play to Earn” game is a game that enables users to earn rewards through a game hosted on a blockchain. These rewards represent the native tokens of a project. The native tokens in GHG are $GGOLD and $WOOD. Some “Play To Earn” type games even allow users to generate rewards in the form of NFTs. That’s the case with GHG. As a rule, these games require an investment from the players. And depending on the games, it must sometimes be very substantial.

The main difficulty of Play To Earn type games is maintaining players’ enthusiasm over time. And for that, two things seem necessary to us:

A game idea to create a strong community
An adapted tokenomics

Gold Hunt Game became the center of attention in the P2E space with its non-fungible tokens (NFTs).

Gold Hunt Game represents a combination of NFTs and Defi mechanisms to offer passive income opportunities to the game’s participants. A vital feature of the Gold Hunt is that it emphasizes risk in players’ decision-making.

That differentiates Gold Hunt from other play-to-earn offers: players must calculate the level of risk in the game. The principle is the bigger the risk, the bigger the reward.

The main characters in the game are gold hunters and pirates, ERC-721 NFTs redeemable on the ETH blockchain. The process of minting these NFTs also comprises the risk. To mint their NFTs, players would need a “wood” token. The NFT price increased according to the minting stage. Depending on the minting stage.

During the minting process, participants have no idea whether they will get a gold miner or a pirate. There’s a 10 percent chance of getting a pirate since they play an essential role in GHG.

The team behind Gold Hunt Game

These are the names of the members of the team, and you can find them on their Discord channel

Cap’n FUD President
NICO – Vice President
SamDogThe5th – Director of communications
Cryptocardsinc – director of gameplay development
TK Universe – director of governmental affairs
ChrisZed – Chief technical officer
Skipper – Project manager
C194 – Lead developer

How to buy Gold Hunt Game NFT (OpenSea)

To showcase the example of buying an NFT, we refer to one of the most popular marketplaces for this – Opensea. Opensea is one of the most trustworthy platforms for purchasing and selling digital tokens.

If you want to purchase the NFT on this platform, you will need to already have your crypto wallet connected and activated. Once you register and create your wallet, you will need to fund it with cryptocurrencies.

The widely used crypto, the second first to the BTC, is Ethereum. Most NFT collections are built on this network. Then you will have to permit the OpenSea platform to use your digital wallet. Once this is finished, all you have to do is to browse among many NFT collections on the platform and pick the one you want.

On the platform, you will find the option to buy the NFT directly from the owner or to make an offer. You can also place bids that must always be higher than the previous one.

Once you click the buy now button, you will be directed to the checkout page. There you will see all the details regarding the purchase, such as the name of NFT, gas fees, the speed of transaction, the total sum, etc.

The OpenSea will then direct you to your crypto wallet to confirm the transaction. The new NFT will appear in a collection on your profile page.

What wallet is the best for buying Gold Hunt Game NFT?

Before venturing into purchasing your Gold Hunt Game NFT make sure you already have an adequate crypto wallet. The choice is immense, but the most used is MetaMask, along with Coinbase, Trust Wallet, Wallet Connect, Phantom, etc. To purchase selected NFT from the collections, you will need to fund the wallet with BTC or Ethereum, depending on the requirements.