How to invest in gold fever Crypto?

by Nov 9, 2022NFTS Metaverse0 comments

NFT items are the foundation of the survival role-playing game Gold Fever, which lets players own the items they make, find, or buy. Players may participate in action-packed conflicts that are increased by the game’s different character strengths and challenging terrain. The action-packed battles take place in a dark and unsettling jungle backdrop. Players may build infrastructure, buy pricey planes, and earn money by renting them to other players in this intense and extremely strategic game.

In its roadmap, Gold Fever provides a thorough explanation of how it intends to develop into a full-fledged play-to-earn game. Gold Fever has been under development since Q4 2020, and Beta Island is the current version of its first beta. The first free-to-play mining claims are accessible to beta testers, who may join and earn NGL doing so. The developers intend to deepen the tale, work with other blockchain games, provide full operation of the in-game market, add more infrastructure, and build on in-game tasks into 2022.

What Is Special About Gold Fever?

With its intricate tactical elements and use of blockchain technology to encourage player collaboration, Gold Fever stands out. In addition, the game allows players to act in accordance with financial incentives, enabling them to accrue NGL while they play. There are several methods to win in the game, including:

  • Creating and selling items in-game;
  • Hosting arenas;
  • Lending in-game currency;
  • Renting out digital items;
  • Providing assistance to other players;
  • NFT trading.

The story of the game, which has top-notch 3D visuals and a focus on engaging gameplay, is set in a harsh wilderness where a gold rush forces two groups against one another: Tribes and Adventurers. Both are engaged in a conflict over gold and attempt to seize control of the 3D virtual world’s Mining Claims, which are distinct regions of the jungle that each hold a certain quantity of gold.

Both factions are playable, and players can choose from a variety of roles. Tribes are sorcerers, foragers, or warriors, whereas adventurers are prospectors, medics, or hunters. Players can increase their chances of success by working together and combining the abilities of each class.

These various positions engage in conflict over mining claims, with owners hiring explorers to scavenge for the virtual money NGL. Owners are motivated to establish reasonable prices in order to balance the financial goals of both parties. Players can, however, also take on the role of Trives and steal the gold from holders of mining claims. Artifacts and bonus items are present on every map, which further enhances the gameplay’s strategic complexity. Gold Fever is aiming for a degree of complexity where traveling around the virtual world involves the use of trains, aircraft, and other infrastructure, all of which will be ownable.

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How Many Coins of the Gold Fever (NGL) Currency Are in Circulation?

There are four main kinds of tokens used in Gold Fever. Jul is a fictional account unit that can only be used in-game and cannot be withdrawn in cash. A governance token called Julius’s Brain (JBR) is occasionally airdropped to players to sway choices that have an impact on the game. ERC-1155 tokens serve as the game’s representation of each NFT. The game’s gold, upon which the gameplay is based, is NGL.

The payment for access, such as buying a mining claim, is made using NGL. Additionally, it opens up opportunities for discounts, in-game bonuses and talents, exclusive goods, events, and more. Following is how NGL is distributed:

  • Mines: 43.85%
  • Liquidity and staking: 10%
  • Team: 15%
  • Advisors and partners: 5%
  • VC round: 10.35%, 10.07% on TGE, and 3.91% every month following a cliff of three months
  • Seed round: 6%, 10% on TGE, and 3.6% every month after the cliff of three months
  • Angel round: 3.8%, 10.07% on TGE, and 3.91% every month after the cliff of three months
  • Acquisition and marketing: 5.55%
  • SHG: 0.45%, 20% on TGE, and 20% every three months after that.

The Gold Fever Network: How Secure Is It?

On Ethereum, one of the most well-known blockchains and the platform of choice for many decentralized apps, NGL is an ERC-20 token. Ethereum is one of the most secure blockchains in the cryptocurrency sector because of its proof-of-work consensus process, which forces miners to create new Ether. The Ethereum blockchain is secured and transactions are verified by a group of autonomous nodes.

Where is Gold Fever (NGL) sold?

NGL can be purchased on Uniswap, Huobi Global, KuCoin, Gate.io, and (V2).

NGL began trading on November 19, 2021. 170,000,000,000 units are available in total. NGL’s market capitalization as of this moment is USD $47,555,126.58. NGL now costs $0.280, is ranked 2924 on Coinmarketcap, and has had a recent increase of 39.59 percent as of this writing.

NGL has been listed on several cryptocurrency exchanges, however, unlike other major cryptocurrencies, it cannot be bought with fiat money straight away. However, you may still purchase this coin with ease by first purchasing Bitcoin on any fiat-to-crypto exchange, and then transferring to the exchange that deals in this currency. In this post, we will go through the specific methods required to get NGL. 80.82.77.206

Step 1: Register on Fiat-to-Crypto Exchange

KuCoin is a fantastic first cryptocurrency exchange if you’re a non-US citizen. Since its launch in 2017, KuCoin has established itself as a reputable cryptocurrency exchange. It includes an easy-to-use user interface and mobile apps for both iOS and Android users. P2P trading is among the fiat-to-crypto gateways that have recently been created. Additionally, it has an above-average liquidity level and a sizable daily trading volume, which shows that it is a reliable exchange platform. There are presently over 700 trade pairs available, meaning a large number of alternative currencies. The withdrawal/deposit process is rather easy and quick; we’ll go over it in more depth in the next section.

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If you live in the US, keep reading the fiat guide below with the suggested fiat-to-crypto exchanges, or click the button below to be immediately sent to an exchange that welcomes US residents.

First, you must purchase one of the more popular cryptocurrencies, in this case, Bitcoin (BTC). In this essay, we’ll go through in detail Uphold.com and Coinbase, two of the most popular fiat-to-crypto exchanges. We will go through the specific price structures and other characteristics of each exchange. It is advised that you test both of them to determine which one best suits you.

Step 2: Purchase Bitcoin using fiat money

Select “Buy Crypto” > “One Click Buy” from the top menu. Choose your chosen payment options after deciding how much BTC you wish to buy. Depending on the nation you are situated in, ByBit offers a fairly broad selection of payment alternatives, including credit cards, bank transfers, and many more. According to our testing, using a credit card, which has relatively low costs, is the quickest method.

Although you may use alternative payment options like bank transfers or third parties like Monday, doing so will need you to go through identification verification, which could take some extra time. Click on read more below to view the whole process. The verification procedure might take anywhere from five minutes to an hour, depending on the method you select. You may also purchase goods from P2P vendors on ByBit. We strongly encourage you to use this approach with extreme caution since there may be fraudsters on the platform even though these merchants are independent contractors and are not affiliated with ByBit.

Following your selection of a payment option, click “Buy” to complete your purchase and congratulations! You just bought your first cryptocurrency!

Step 3: Send Bitcoin to an Alternative Currency Exchange

We must still move our Bitcoin to an exchange where NGL may be exchanged because it is an alternative cryptocurrency; in this case, KuCoin will serve as our exchange. A lot of cryptocurrency pairings may be traded on KuCoin, a well-known exchange for doing so. For your new account registration, click the link below.

You will be instructed to set up 2FA authentication after going through a similar procedure to what we did with ByBit previously. Please complete this step since it will further secure your account.

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Step 4: Make a BTC deposit to exchange.

You could be asked to go through another KYC procedure, which typically takes between 30 minutes and a few days at the most, depending on the exchange’s requirements. Nevertheless, the procedure needs to be simple to understand and adhere to. You should have complete access to your exchange wallet once you’re done with it.

Return to Bybit now and select withdraw from the Asset page. On your list of assets, select BTC.

Once you click “Submit,” you should immediately receive a confirmation email. Simply click the link in the email to send your money to KuCoin!

Don’t worry if you can’t see your deposit in your exchange wallets when you return to KuCoin. It may take a little while for your money to arrive since it is likely still being validated in the blockchain network. It might take much longer during peak periods depending on the Bitcoin network’s traffic situation.

Step 5: Trade NGL

Return to KuCoin and select “Exchange.” Boom! Amazing view! The continually flickering figures may seem a little unsettling but calm down—think let this out.

As we are trading the BTC to altcoin pair, make sure “BTC” is chosen in the search field in the right-hand column. When you click on it and enter “NGL,” you should see NGL/BTC; choose that combination, and a price chart for NGL/BTC should appear in the center of the page.

The most straightforward kind of purchasing order is the “Market” option, which can be found inside the box below with a green button that reads “Buy NGL.” You may either fill in the amount or click on the percentage boxes to choose how much of your deposit you want to put toward purchases. Click “Buy NGL” once everything has been verified. Voila! You’ve finally purchased NGL!

Final Words: NGL Price Prediction and Price Movement

Since NGL has a modest market capitalization and has dropped 63.55 percent over the past three months, it is quite probable that this price movement will continue. Although three months is still viewed as early in the cryptocurrency market, it is possible that NGL’s price may rise again if the company has a strong staff and has fulfilled the promises made in its white papers. Because of this, traders should exercise caution and do in-depth research to determine whether NGL is supported by a reliable development team and whether its technology has room to evolve.

Please be aware that this research does not constitute financial advice and is solely based on historical price movements for NGL. Traders must always conduct their own research and exercise extreme caution.

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