Can GUNZ with only 6.05% initial circulating supply and $76 million in funding revive the GameFi sector?

Author: Asher, Odaily Planet Daily

Last night, Binance officially announced that GUNZ (GUN), the 66th project on its Launchpool, has officially launched. Developed by Gunzilla Games, GUNZ is a Layer-1 blockchain specifically designed for AAA-grade games. The announcement instantly electrified the long-silent blockchain gaming community. Many veteran "blockchain gamers" became active across major social media platforms, sharing their excitement and anticipation, with many exclaiming: "Blockchain gaming is finally coming back!"

As a rare high-profile blockchain gaming project recently, Odaily Planet Daily will walk you through this Binance Launchpool-listed game project GUNZ, covering its tokenomics, staking mining tasks, and more.

Project Overview

GUNZ is a Layer-1 blockchain developed by German game studio Gunzilla Games, built on an Avalanche Subnet and tailored for AAA-grade games. Its first application is Off The Grid, Gunzilla Games’ flagship cyberpunk-themed battle royale game, which has already attracted over 12 million wallets and 230 million transactions. Timur Davidenko, CTO of Gunzilla Games, previously served as Technical Director at Crytek—the developer behind the *Crysis* and *Far Cry* series—for 18 years.

As one of the first crypto economies in the AAA gaming space, the GUNZ chain empowers players with true ownership of in-game assets via NFTs, fostering a fairer and more sustainable gaming ecosystem. GUNZ uses a custom consensus mechanism to achieve tens of thousands of TPS per second, near-zero gas fees, and full compatibility with Unity and Unreal engines, enabling developers to seamlessly migrate traditional games onto the blockchain while significantly lowering development barriers. GUNZ aims to provide verifiable transparency for gaming communities and blockchain enthusiasts alike, ensuring players truly own their in-game items. Currently, GUNZ is in testnet phase (testnet blockchain explorer link: https://testnet.gunzscan.io/), with mainnet launch imminent.

According to ROOTDATA, Gunzilla Games has completed two funding rounds totaling $76 million:

• On August 9, 2022, Gunzilla Games announced a $46 million funding round led by Republic Capital, with participation from Griffin Gaming Partners, Animoca Brands, Jump Crypto, and prominent angel investor Justin Kan, co-founder of Twitch;

• On March 26, 2024, Gunzilla Games announced a $30 million funding round co-led by Avalanche’s Blizzard Fund and CoinFund.

Initial Circulating Supply Only 6.05%

According to information disclosed by Binance, the native token of the GUNZ project is GUN, with a total supply of 10 billion tokens. The initial circulating supply is 604,500,000 GUN, representing 6.05% of the total supply. Of this, 400,000,000 GUN (4% of total supply) are allocated to Binance Launchpool to provide early participants with mining rewards and liquidity incentives.

In addition, GUNZ has reserved a portion of tokens for future game ecosystem incentives, potentially distributed through NFT assets, Play-to-Earn mechanisms, and other incentive programs to continuously empower players and the community. The GUN token serves not only as a medium for on-chain transactions and gas fees but may also play roles in in-game item trading, governance voting, and other aspects, supporting the long-term growth of the GUNZ ecosystem.

A more detailed token distribution plan has yet to be officially released. The market is watching closely for specific allocation ratios among the team, investors, ecosystem funds, and future unlocking schedules.

How to Participate in Binance Launchpool Staking Mining

Odaily Planet Daily demonstrates how to participate in this event via desktop.

STEP 1. Go to the Binance Launchpool page (link: https://launchpad.binance.com/zh-CN) and locate the GUN project.

STEP 2. Select staking asset: This Binance Launchpool supports three pools—BNB, FDUSD, and USDC—with reward allocations of 80%, 10%, and 10% respectively. The hourly reward cap per user is 444,444 GUN for BNB pool, and 55,555 GUN each for FDUSD and USDC pools.

STEP 3. Start mining: Select your preferred staking token and click “Confirm.” Rewards in GUN tokens will be automatically calculated and distributed hourly upon staking.

Key details users should note about this event include:

• Requirements: KYC identity verification is mandatory;

• Total reward pool: 400,000,000 GUN (4% of total token supply);

• Event duration: March 28, 08:00 (UTC+8) – March 31, 08:00 (UTC+8);

• GUN token listing: GUN will go live at 21:00 on March 31 (UTC+8), supporting the following trading pairs: GUN/USDT, GUN/BNB, GUN/FDUSD, GUN/TRY.

Ongoing Engagement Campaigns

In addition to the Binance Launchpool staking campaign, on March 25, GUNZ’s official Twitter announced integration with Zealy. Through this integration, players can complete tasks verified on-chain and claim token rewards. Tasks are categorized into social tasks, GUNZ wallet tasks, and gameplay access missions (participation link: https://zealy.io/cw/gunz/questboard).

GUNZ Quests on Zealy

Summary

Unlike many GameFi projects, Gunzilla Games has chosen a path closer to traditional gaming. As exemplified by its flagship title Off The Grid, the game does not revolve around complex token-based economic models. Instead, it leverages blockchain technology to grant players open ownership of in-game items, enabling free and transparent asset trading. This model could attract more traditional gamers and bring new growth opportunities to blockchain gaming.

Furthermore, with the growing adoption of VR/AR hardware, demand for immersive gaming experiences is rapidly increasing. With AAA-quality graphics and decentralized asset ownership, GUNZ not only enhances player experience but may also become a key infrastructure driving blockchain games into the mainstream, opening up broader development prospects for the entire industry.