CHLL.GG is actively developing its protocol, building a native $CHLL token and integrating many WEB3 games.
They recently released a sandbox version of the platform at sandbox.app.chll.gg with challenges in the game 0xDino. This allowed the CHLL.GG development team to test the platform’s features and functionality, while giving players a glimpse of what CHLL.GG is all about.
Regarding the launch of the $CHLL token, they are just finalizing the initial development work and are moving toward a TGE to be held in October, followed by the listing of the $CHLL token on DEX.
Players will be excited to see the games already integrated with CHLL.GG and what titles will be coming soon. Currently, three games have been integrated where players can participate in challenges. The first integrated game, the aforementioned 0xDino, was created by CHLL.GG itself. The original purpose of the game was to test the platform.
However, it quickly became apparent that this simple game was liked by many players, and for this reason it was made publicly available to everyone. The second integrated game was Degen Youki, developed by Metapro. Like 0xDino, it is also a runner game. And last but not least, Legends of Elysium, which is a fantastic combination of card and board game.
This is just the beginning though, CHLL.GG already has a pretty long queue of more titles to be integrated. The list of games confirmed for integration includes: Katana Inu, Arsenal, Crypto Mayhem, Legends at War and Alaska Gold Rush. More such exciting titles are yet to come!
CHLL.GG co-hosted a series of challenges with their partners in the WEB3 space, allowing participants to not only have fun, but also win great prizes, including virtual NFT WASD keyboards and other prizes sponsored by their partners in the WEB3 space.
The economics and technology behind CHLL.GG
The $CHLL token is a utility token, built on the Polygon blockchain, that allows players, organizers, sponsors and stakers to use all the features of the CHLL.GG platform.
The basic functions of the $CHLL token include: participating in challenges, creating and sponsoring challenges, and earning through both basic staking and real profit staking.
Setting up challenges is very easy and straightforward for organizers. Organizers can choose from a portfolio of integrated games, and then select the goal of the challenge from a number of possible options and other conditions, such as the duration of the challenge, the value of the entry fee. Once the challenge is created, the organizer and players deposit $CHLL tokens, which are locked into the challenge’s smart contract, creating the challenge’s prize pool.
Players play the game as they normally do in their daily routine, while the protocol automatically retrieves in-game data directly from the game via the API and creates a scoreboard. In this way, players compete in the challenge seamlessly, with no special obligations or requirements to manually provide gameplay results. Once the challenge is completed, the protocol determines the winners, and the smart challenge contract distributes 80% of the locked $CHLL tokens to the winners and the organizer, as the organizer is entitled to 10% of the organizing fee.
10% of $CHLL tokens paid by participants and the organizer are forever removed from the supply, and 10% of $CHLL is allocated to the staking pool.
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The organizer has the option to convert all $CHLL tokens from the challenge smart contract to $USDC for the duration of the challenge.
The so-called “prize protection process” not only ensures stable prize value for players, but also opens the possibility of investing TVL from all challenges in DeFi. All owners of the $CHLL token (holders, players and challenge organizers) benefit from its deflationary design.
CHLL.GG has created its own unique collection of 10k NFTs – visual WASD keyboards. Because the design adopts a mindset that puts gamers at the absolute center of everything they do, these virtual keyboards are designed to allow their owners to express themselves as true hardcore gamers who know what the keys mean (and understand their meaning!).
Each NFT keyboard in the collection symbolizes a unique virtual keyboard, showcasing various features such as key layout, backlighting, fonts and other specific elements. The collection is powered by the Polygon blockchain and uses IPFS technology.
You can mint WASD NFT at wasd.chll.gg, and these minted keyboards are listed on the Opensea NFT marketplace.
All WASD NFTs are amazing high-quality, full-resolution images, so they can be used as a profile picture on various social media platforms to make the owner stand out. In addition, they offer their owners exceptional value by granting special privileges on CHLL.GG, including enhanced rewards in challenges, additional staking options for the native $CHLL token, access to the VIP Discord channel and much more.
There is one more thing that is sure to interest EVERY cryptocurrency and blockchain enthusiast – the ongoing PRE-IDO Token Hunt event organized by CHLL.GG. What is it all about? Let’s dive into the details!
The Token Hunt event (hunt.chll.gg) allows each participant to collect points, which are awarded for various activities. Eventually, at the end of the event, the collected points will be converted into Airdrop token $CHLL. Sound good? Of course it does!
To participate in the Token Hunt event, you need to meet only one condition – to own at least one WASD NFT virtual keyboard and put it up. You can find all the information about WASD NFT at wasd.chll.gg.
Let’s go back to the activities for which you can earn points – here they are:
- Staking NFT from the collection of virtual WASD keyboards.
- Inviting friends to the event.
- Completing special tasks.
Stacking WASD keyboards is your main source of daily points. With just one keyboard, you can add a solid portion of points to your Token Hunt account each day! However, the more WASD you stake, the more daily points you will receive. You can bet up to 10 WASD NFTs, and with each successive one you get more and more points per day.
When you bet your first WASD, the 2nd and 3rd activities will be unlocked. You can gain the most by referring friends to the Token Hunt.
Each invited Token Hunt participant generates additional points for you every day. What’s more, there is no limit to the number of friends you can refer. The more people you successfully invite to the event, the more you will gain.
As for the third activity – each day you have the opportunity to earn points for completing special tasks.
Check out the Token Hunt website regularly so you don’t miss any!
Join the Token Hunt at HUNT.CHLL.GG!