BTSE will add Nine Chronicles (WNCG) onto its platform on July 27, 2023, adding to its users’ selection of quality digital assets. Additionally, WNCG will be listed on BTSE’s wider ecosystem of 10+ white label crypto exchanges, enabling better liquidity and pricing. Users will be able to trade WNCG via the WNCG/USDT and WNCG/USDC trading pairs.
Key Dates
1. Deposits enabled: 3:00 AM (UTC) on July 27, 2023 (supported network: ERC-20)
2. Trading enabled: 8:00 AM (UTC) on July 27, 2023
3. Withdrawals enabled: 8:00 AM (UTC) on July 28, 2023
What Is Nine Chronicles?
Nine Chronicles is an open-source online RPG that functions without servers. It’s a blockchain-based game powered by its community of players and miners. The game world is sprawling, filled with fantasy elements, and fully governed by its players.
Every action taken in the game, from battling monsters to crafting items, is recorded on the blockchain. This blockchain, created by the game’s development team, Planetarium Labs, is sustained by the players themselves. In this respect, Nine Chronicles revolutionizes the gaming landscape by merging blockchain technology and gameplay.
The Unique Nature of NCG and WNCG
At the heart of Nine Chronicles’ economy is its native currency, Nine Chronicles Gold (NCG). NCG is employed in various game activities, from crafting and trading items to challenging other players and boosting the game’s pace.
A noteworthy aspect of NCG is that it gradually becomes essential as players level up in the game, giving it an interesting economic and utility dynamic. Players can even stake NCG to earn potions and unique items, providing another layer of engagement and incentive within the game.
However, users can’t buy NCG directly from DEXs or centralized exchanges. Wrapped NCG (WNCG), a 1:1 NCG-backed ERC-20 token, then comes into play, bringing the power of NCG with the flexibility of an ERC-20 token. WNCG can be purchased on an exchange, such as BTSE, and then transferred into Nine Chronicles, where it’ll be automatically converted into NCG with a 1% gas fee. This makes NCG publicly tradable and permanently immutable, adding to the liquidity and accessibility of the game’s economy.
What Traders See in WNCG
1. Immersive Economy: Trading WNCG is not just about financial transactions; it’s part of a vibrant, player-driven economy within a game world. Traders indirectly participate in crafting, trading, combat, and more.
2. Growing Demand: The utility and demand of NCG within the game can potentially drive its value. As players progress, their need for NCG increases, which can lead to a rise in demand for WNCG.
3. Staking Opportunity: The staking feature in Nine Chronicles allows players to receive in-game items by staking NCG. Not only does this generate valuable in-game items, but it also reduces the surplus supply of NCG, which could contribute to NCG’s value appreciation.
4. Interoperability: As an ERC-20 token, WNCG brings interoperability, allowing it to interact with the wider Ethereum ecosystem.
5. Novelty of the Space: Blockchain gaming is an exciting and rapidly growing industry. As a trader, diversifying your portfolio to include gaming tokens like WNCG could be a fascinating venture.
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