• Latest
  • Trending
Celestial Combines GameFi, SocialFi and NFTSwap in Cross-Chain Gaming Metaverse | by The Capital | The Capital | Oct, 2021

Celestial Combines GameFi, SocialFi and NFTSwap in Cross-Chain Gaming Metaverse | by The Capital | The Capital | Oct, 2021

October 29, 2021
Bitcoin stays out of fear for 11 straight days as price tips near 24K

Bitcoin stays out of fear for 11 straight days as price tips near 24K

January 29, 2023
Lead Shiba Inu (SHIB) Developer Urges Community to Keep Popcorn Ready

Lead Shiba Inu (SHIB) Developer Urges Community to Keep Popcorn Ready

January 29, 2023
Guide to Achieving a Strong Blockchain Marketing Strategy in 2023

Guide to Achieving a Strong Blockchain Marketing Strategy in 2023

January 29, 2023
Panama’s Supreme Court to rule on cryptocurrency legislation

Panama’s Supreme Court to rule on cryptocurrency legislation

January 29, 2023
DOGE Price Analysis for January 29

DOGE Price Analysis for January 29

January 29, 2023
AAVE Gets Cleared Of Bad Debt

AAVE Gets Cleared Of Bad Debt

January 29, 2023
the recent rally in Bitcoin may not be ‘sustainable’

the recent rally in Bitcoin may not be ‘sustainable’

January 29, 2023
North Korean hackers launder $27M ETH from Harmony Bridge attack

North Korean hackers launder $27M ETH from Harmony Bridge attack

January 29, 2023
Mina, MATIC Come Into Spotlight as ZK Tokens Start Gaining Momentum

Mina, MATIC Come Into Spotlight as ZK Tokens Start Gaining Momentum

January 29, 2023
  • Privacy Policy
Sunday, January 29, 2023
Mount Rushmore Crypto
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Mount Rushmore Crypto
No Result
View All Result
Home Crypto Technical Analysis

Celestial Combines GameFi, SocialFi and NFTSwap in Cross-Chain Gaming Metaverse | by The Capital | The Capital | Oct, 2021

J_News by J_News
October 29, 2021
in Crypto Technical Analysis, Top News
0
Celestial Combines GameFi, SocialFi and NFTSwap in Cross-Chain Gaming Metaverse | by The Capital | The Capital | Oct, 2021
0
SHARES
11
VIEWS
Share on FacebookShare on Twitter


The Capital

Finland, Helsinki, October 29, 2021. Coming up as a first-mover on the adoption of blockchain gaming metaverse on the OEC public chain (formerly known as OKExChain) is Celestial, a cross-chain gaming metaverse trending in the crypto airwaves. Deploying the concept of galactic warfare, Celestial combines the concept of GameFi, SocialFi, and NFTSwap to bring one of the finest innovations to the gaming metaverse.

Celestial has grown in popularity in the blockchain gaming ecosystem since its inception. Racking up some impressive figures, Celestial initiated a public BETA test on September 14 that contributed to over 70% of OEC public chain trading activity, resulting in high congestion of the OKexchain, with daily transactions topping 1 million at the time.

After a series of rigorous testing, the official version of the Celestial gaming platform went live on September 29th. Commenting on the impressive launch, the Celestial team reiterated their commitment to the long-term sustainability of the Celestial project:

“We are excited about the launch of our gaming platform. Being the brainchild of a multi-month period of development, innovation, and rigorous backend testing, this marks the beginning of an important phase in the Celestial roadmap just before our token generation events and subsequent listing on exchanges. We are excited about what the future holds for the blockchain gaming metaverse and we are happy to be leading this adoption.”

The Celestial platform is built to enable game players to create federations in the Celestial world, explore planets and galaxy clusters, and mine rich minerals and different resources as part of a meta-universe star-wars style game using GameFi + SocialFi + NFTSwap.

Leading up to TGE: $CELT token has recorded eye-popping success

While the impressive launch of the Celestial gaming metaverse comes as no surprise, seeing that blockchain gaming adoption has maintained an upward trajectory, the token generation event (TGE) also recorded impressive numbers. The token price soared to the top gainers category after listing on OKEx, a leading Asia-based crypto exchange.

CELT is the native token that powers the Celestial metaverse economy and is primarily used to settle all transactions in the Celestial metaverse. Since debuting on OKEx, CELT has amassed massive success for token holders after rising to the top-performing assets on the OEC public chain just after 15 days of trading activities.

Celestial dual token rotation system reduces selling pressure on CELTs

Celestial adopts a unique token system that allows a dual token rotation mechanism. In addition to $CELT, there is a sub token known as Crystals which is engineered to reduce the selling pressure on CELTs and benefit token holders in the long run.

Through an in-house mechanism known as Pledge Mining, Celestial incorporates some DeFi futures into its ecosystem to reward players.

Gamers may utilize this function to pledge mainstream currency like fiat for energy stones (CELT), which can be used to open mystery chests or traded for mainstream currency in CherrySwap. Celestial has introduced an intriguing feature to the DeFi pledge mining — the energy stone mining accelerator, xCELT, which can generate up to three times the earnings of CELT.

To obtain xCELT, users simply need to mortgage CELT. As the total mining power increases, more xCELT will be needed to keep the process running, which ultimately cushions selling pressure. Currently, the project seems to be pivoting towards decentralized finance while developing its GameFi and SocialFi features. According to Celestial:

“We think that a healthy self-rotating economic system is essential for every project; once economic development has reached its ideal state, we will enhance SocialFi and GameFi features, and the game launch will be completed.”

The warring gaming platform seeks to create a socially permeable interplanetary exploration chain game, with player community culture as the pioneer with gaming and decentralized finance as the support. As the blockchain gaming ecosystem expands, Celestial is positioning itself to lead the adoption of the cross-chain warring metaverse.

For more information on the game: Tutorial Download

Celestial Official Channels

Website: https://celt.game

Twitter: https://twitter.com/GameCelt

Telegram: https://t.me/CELT_Game

Medium: https://medium.com/@celestial.gamefi

Whitepaper: https://celt.game/static/CELESTIAL_Whitepaper.pdf

Youtube: https://www.youtube.com/channel/UC3L64zz-sbwaEgMVotqLkTA/videos

Coinmarketcap: https://coinmarketcap.com/currencies/celestial/

Coingecko: https://www.coingecko.com/en/coins/celestial





Source link

Related articles

Bitcoin stays out of fear for 11 straight days as price tips near 24K

Bitcoin stays out of fear for 11 straight days as price tips near 24K

January 29, 2023
Lead Shiba Inu (SHIB) Developer Urges Community to Keep Popcorn Ready

Lead Shiba Inu (SHIB) Developer Urges Community to Keep Popcorn Ready

January 29, 2023
ShareTweetShareShare
Previous Post

A Closer Look at Five Exciting IDO Launches

Next Post

Solve Price Prediction | SimpleSwap

Related Posts

Bitcoin stays out of fear for 11 straight days as price tips near 24K

Bitcoin stays out of fear for 11 straight days as price tips near 24K

by J_News
January 29, 2023
0

Bitcoin (BTC) has just clocked its 11th consecutive day outside the “Fear” zone in the Crypto Fear and Greed Index,...

Lead Shiba Inu (SHIB) Developer Urges Community to Keep Popcorn Ready

Lead Shiba Inu (SHIB) Developer Urges Community to Keep Popcorn Ready

by J_News
January 29, 2023
0

Alex Dovbnya As the launch date inches closer, the Shiba Inu community is patiently awaiting further updates from the development...

Guide to Achieving a Strong Blockchain Marketing Strategy in 2023

Guide to Achieving a Strong Blockchain Marketing Strategy in 2023

by J_News
January 29, 2023
0

Blockchain technology has been rapidly growing in popularity over the past few years, and it is expected to continue its...

Panama’s Supreme Court to rule on cryptocurrency legislation

Panama’s Supreme Court to rule on cryptocurrency legislation

by J_News
January 29, 2023
0

Panama's crypto bill saga has reached a new chapter, with the country’s Supreme Court set to decide the future of...

DOGE Price Analysis for January 29

DOGE Price Analysis for January 29

by J_News
January 29, 2023
0

Buyers remain stronger than sellers even on the last day of the week. DOGE/USD DOGE is not an exception, rising...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

Web3.0 Game project Magic Fantasy has completed $3 M private round investment.

Web3 vs Web2 – What Are Some Of The Core Differences?

Crypto Adventure Launches Crypto Guest Post Services

© 2021 mtrushmorecrypto - Crypto Related News Blog

No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT