The cryptocurrency sector is constantly growing, and right now, even newcomers are joining the market, getting the attention of both game players and investors. Dragonz Land, through its local token DRAGONZ, has jumped into the crypto world with an absolute blast, showing off huge gains and a perfect balance of gaming innovation and blockchain technology that no other project has yet.
The DRAGONZ token, presently listed at $0.01566, has gone up by an outstanding record of 5.72% within the last 24 hours. It has turned the few who doubted cryptocurrency into fans who now watch it closely. Sitting at a $1.56 million market capitalization, the project is one of the fastest-growing competitors in the world of blockchain gaming.
The plan is centered on having a total supply of 1 billion DRAGONZ tokens in place, 100 million of which are currently circulating. The decision made here was purely to secure the rarity and perhaps lead to a price increase over time for the holders of the token.
Moreover, the fully diluted valuation (FDV) of $15.66 million only reinforces that the project is big and the potential of the market is obviously great.
Doin any completely new operations by setting up a P2E (Play-to-Earn) trading card game in the NFTs; the platform has now become in the Dragonz Land. Consequently, utility and the airdrop feature are not as user-friendly as they once used to be.
The project with which such a unique and revolutionary idea has been born has certainly created a much-needed atmosphere in the game industry, thanks to the time-based sales methods that exist in the game industry.
It must be remembered that a P-to-E trading card game involves real-life assets, the reason why Dragonz Land is harnessing to the maximum capacity the unique characteristic of the NFTs, which is their immutability.
This shift in the concept has enabled the low and middle echelons of the player community to follow their tastes. At the same time, the token has become more accessible and flexible in line with the growing demand and in achieving liquidity.
One significant feature that has been pushing player engagement levels upwards in the game Dragonz Land is the performance-centric progress plan named “Trophy Road.”
The approach provides players with “DRAGON” tokens based on their gaming conditions and ranks, thus creating an important reason for both skills development and game participation. The system is designed in a way that it not only keeps people in the game by offering them incentives, but also helps the game community grow.
The distribution of DRAGONZ not only on the TON network but also on the Venom network is a strategic move that is serving well.
This method of deploying two chains will give users faster and cheaper transactions while empowering them to do better in the scalability sense. Furthermore, Dragonz Land will be situated in a multi-blockchain space, and as a result, it can possibly reach a wider audience and expand its market.
The kind of staking model that has been installed on the DRAGONZ economy is comprehensive enough to meet the needs of the token holders.
It not only helps to create an opportunity for income generation for the token holder but also satisfies their altruistic nature. The list of some of the benefits includes access to the latest in-game cards, makeup purchases, and even physical items such as project-branded merchandise.
As such, the staking mechanism is a win-win situation as it attracts users who can benefit from it while saving on development costs for the platform, through which more substantial market capitalization can be achieved.
One of the significant ways that the team plans to achieve expansion is to create a One native mobile form of the platform. Aside from the existing Progressive Web App (PWA), a new mobile application that is co-operative will soon be launched.
This new move to mobile platforms will indeed increase the potential reach of Dragonz Land and at the same time, it could mean more users and thereby, more DRAGONZ token users.
With the current sector of blockchain gaming maturing, the focus of Dragonz Land on utility-driven tokens proves them different from the speculative nature of other projects. The project, in linking the value of tokens directly to player actions, achievements, and participation in the game, essentially created a positive and verifiable connection between action and the game world.
The recent surge of DRAGONZ pulling out of its niche status was a sensation in crypto circles. The digital money shifted 45.3K dollars in the trading in just 24 hours. The token appears to have a stand-pat liquidity situation and, at the same time, was the attention grabber in the market.
According to the market cap, the relationship of the trading volume to it was calculated to be 2.89%. This suggests that activity-wise the currency and the market were the focus without a situation of an untenable increase, hence, rationality in the market was still maintained.
The idea of Dragonz Land progressing forward is not without reason as it has been announced that the tech group are in the stage of integrating the marketplace section and renovating the seasonal tournament system.
These improvements, in turn, are expected to be instrumental in providing a wider array of competitive and rewarding formats for users and investors, thus at the same time potentially drawing more players and capital to the ecosystem.
Furthermore, the achievement of Dragonz Land and its DRAGONZ token promotes the fact that the sector of games & the blockchain represents a developing trend. The gaming industry is a good example in this case.
It is known that some traditional gaming domains are fighting with problems about the possession of the assets and the level of involvement of players. Projects like Dragonz Land are a whole new world that might be the seeds for the revolution of interactive entertainment.
Both investors and players are looking forward to the Dragonz Land’s advances, the project that can stay on the same level and accomplish all the tasks it gives itself will be the one which makes it in today’s crowded field. In a world that is filled with exciting events happening every day, Dragonz Land is a phenomenon that is spreading in the cryptosphere.
Director of Dragonz Land is the first of the Crypto and Game businesses’ new blood, the players of the game running on the blockchain. The whole situation with the blockchain at this moment is there is a clear view of the chips that we were playing on it, which would get the main points you promised us.