AscendEX is excited to announce the listing of the Earn Guild token (EARN)! Trading will begin under the trading pair (EARN/USDT) starting on Feb 23 at 2 p.m. UTC.
Earn Guild is for crypto-players looking to build a strong community through play-to-earn opportunities by providing tools for players to earn more and gain access to new games. Various services will be offered to guild players, including a marketplace for the sale and rental of play-to-earn NFTs, coaching for new players, an exchange for game tokens, fiat gateways using the Earn Guild Mastercard, and credit scores.
The Earn Guild Marketplace is where players will be able to buy and rent play-to-earn NFTs. Earn Guild Marketplace will offer NFTs from all play-to-earn blockchain games. Earn Guild members who own play-to-earn NFTs can sell them at their nominated price on the marketplace. An Earn Guild fee is charged for each NFT sale, which is handled by a smart contract.
Many players join guilds such as Earn Guild to get the NFTs needed to start playing. Those who own a play-to-earn NFT can rent it out on the marketplace to help other players gain access to certain games while earning passive income. The rent can be an agreed upon rate per week or an agreed upon share of the player’s winnings while using the rented NFT. An on-chain smart contract is created for each NFT rental, and Earn Guild charges a fee on each rental transaction.
Most importantly, Earn Guild Exchange allows players to convert the game tokens they win into EARN tokens. A play-to-earn NFT or coaching services can be purchased or rented using EARN tokens within Earn Guild’s ecosystem. Earn Guild is a Decentralized Autonomous Organization (DAO), giving users access to participate in the platform’s governance. Participants can participate in the governance process by proposing and voting on changes to the platform. AscendEX is thrilled to be partnering with Earn Guild to help more users access the benefits of GameFi.
About AscendEX
AscendEX is a global cryptocurrency exchange with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.