What is Cryptoland (CRYPTO)?
"CryptoLand - KINGDOMS WILL RISE" is a virtual game world where players interact with a diverse array of Digital Game Pieces (DGPs) representing in-game assets and actions. Within this fictional world, players can own land, avatars, weapons, and more, each with unique roles and abilities. The in-game currency, "CRYPTO," facilitates various actions, such as raiding, governing, and trading. The game's complex ecosystem involves smart contracts on the Polygon blockchain for security, and it emphasizes transparency by logging all actions on the blockchain. CryptoLand offers a rich and dynamic gaming experience, with players vying for dominance and riches in this imaginative virtual realm.
Who Are the Founders of Cryptoland?
Corey Chadwick, the founder of CryptoLand, boasts a diverse background in business finance and entrepreneurship that has paved his way into the cryptocurrency space. His journey began as a financial analyst at a prominent U.S. financial institution after graduating from Oklahoma State University. However, Corey's entrepreneurial drive soon led him to leave the corporate world behind, focusing on leadership and team building.
Recognizing the potential of Bitcoin as an investment, Corey's early involvement in the cryptocurrency world turned a modest initial investment into substantial returns. This success catalyzed his deep dive into cryptocurrencies, making him an expert in market dynamics, ICO structures, and alternative coins like Ethereum and XRP.
Corey's commitment to financial growth and education has benefited over 20,000 students, empowering them to make informed investment decisions. He established the Crypto Coach course, earning him the moniker "Crypto Corey" within the cryptocurrency education sphere.
In addition to his crypto ventures, Corey founded Team One Percent, LLC, an organization fostering an entrepreneurial mindset and helping individuals achieve financial freedom. His leadership extended to roles like Regional Director at IDT Energy, where he achieved exceptional growth milestones, and as an Analyst at Carlisle & Gallagher Consulting Group, where he optimized controls for a major financial institution. Corey Chadwick's journey exemplifies his dedication to financial growth, education, and entrepreneurship in the cryptocurrency world and beyond.
Furthermore, Corey Chadwick is a notable investor in the popular game Wolf Game and is also affiliated with Kuvera Global, a company operating in the USA under the parent company Investview. Kuvera Global was originally known as Wealth Generators, but the name was changed following a fine of $150,000 by the CTFC in relation to Wealth Generators, showcasing Corey's involvement in various sectors of the financial industry.
What Makes Cryptoland Unique?
CryptoLand distinguishes itself as a unique cryptocurrency and blockchain-based gaming platform with a multifaceted approach to entertainment and education. Founded by Corey Chadwick, a crypto expert with a successful entrepreneurial background, the game introduces a diverse array of Digital Game Pieces (DGPs), including avatars, land plots, weapons, and armor, each with distinct roles and attributes. Powered by the in-game cryptocurrency, CRYPTO, CryptoLand's economy is governed by secure smart contracts on the Polygon blockchain, ensuring transparency and safety. Its engaging lore and backstory, featuring an alien race, enslaved gods, and societal struggles, immerse players in a captivating narrative. The game offers a competitive edge as players strategize, compete, and aim to conquer the CryptoLand world. Moreover, Corey Chadwick's Crypto Coach course provides an educational component, making CryptoLand an innovative blend of entertainment and learning in the cryptocurrency and blockchain arena.
Cryptoland NFT Wash Trading Accusations
The concern expressed by shenxcrypto who serves as the founder of Zerpmon and project lead for Staykx and xScapeNFT on the XRPL revolves around potential wash trading and suspicious activity associated with the CryptoLand NFT collection on the XRPL (XRP Ledger). Several factors raise suspicions:
Low Trade Activity, High Volume: The reported trading volume is significantly higher than the number of actual trades, suggesting artificial inflation.
CEX Activation and Immediate NFT Transfers: Many wallets activate via centralized exchanges (CEX) and then quickly transfer CryptoLand NFTs, potentially creating a false sense of trading activity.
Trustlines for Unreleased Tokens: Some wallets set trustlines for unreleased CryptoLand tokens, possibly to make it seem like genuine activity.
Common Exchange Activation: A significant portion of top buyers' wallets originate from one exchange (KuCoin), raising concerns about coordinated trading.
Unrealistic Sales Volume: The exceptionally high sales volume relative to the XRPL ecosystem's size is suspicious.
Limited XRPL NFT Holders: Most CryptoLand NFT holders do not hold any other XRPL NFTs, suggesting that trading might be internal to the CryptoLand project.
Founder's History and Lack of Integration Details: Concerns arise from the founder's history and a lack of information regarding game-blockchain integration.
The concerns surrounding CryptoLandGame, a project founded by Corey Chadwick, stem from discrepancies in its blockchain usage and trading patterns. Despite being promoted as an "XRP Staking Game," it actually operates on the Polygon blockchain, leading to questions about its XRPL integration. Corey Chadwick's association with Kuvera Global, a company with MLM ties and past controversies, further raises suspicions. Unusual trading activities, such as potential wash trading and a lack of authentic XRPL users, raise red flags. To safeguard the cryptocurrency ecosystem's integrity, investors are advised to conduct thorough research and report suspicious activities. Additionally, platforms endorsing such projects should prioritize credibility and transparency according to shenxcrypto.
Chadwick has strongly refuted these accusations, denying any misconduct at Kuvera Global or with CryptoLand Game. As with any crypto project, due diligence is advised, and these claims highlight the need for transparency and research in the crypto space.
XRPL & Polygon
XRPL (XRP Ledger): CryptoLand leverages the XRPL to create and manage its CRYPTO token. The XRPL is known for its security and speed, making it a suitable choice for issuing and managing tokens within the CryptoLand ecosystem. The CRYPTO token, which is awarded for in-game actions, can be used for various purposes, including paying for in-game actions, purchasing weapons, armor, and other gear, as well as acquiring EnhanceMINTS and items not available for purchase using Cryptopium.
Polygon Blockchain: CryptoLand uses the Polygon blockchain for executing in-game actions via smart contracts. This choice of blockchain technology enhances security by separating in-game actions and rewards from the XRPL, reducing the potential attack surface. All in-game actions, such as mining, raiding, governing, and others, are executed through smart contracts on the Polygon blockchain. This approach ensures the transparency and security of in-game interactions while keeping a clear record of all actions on the blockchain.
By utilizing both the XRPL and Polygon blockchain, CryptoLand combines the strengths of each blockchain to create a secure and efficient gaming ecosystem. The XRPL supports the creation and management of the in-game cryptocurrency (CRYPTO), while the Polygon blockchain handles the execution of complex in-game actions through smart contracts, providing a robust and transparent gaming experience for players.
Cryptoland Community is an online platform designed for players of the CryptoLand - KINGDOMS WILL RISE game. It functions as a social media-like hub where players can discuss game-related topics, connect with fellow gamers, and engage in in-game item trading through a marketplace. The community offers features such as discussion forums, user profiles, a news feed, private messaging, and a marketplace for item trading. It also fosters user-generated content, provides official game announcements, and encourages player feedback. With a focus on community engagement and enhancing the gaming experience, Cryptoland Community serves as a central hub for CryptoLand players to connect and interact.
Tokenomics for the Cryptoland(CRYPTO) token in the Play-to-Earn (P2E) space involves a comprehensive economic model designed to incentivize and reward players within blockchain-based gaming ecosystems. CRYPTO tokens serve as the native currency of these games, enabling users to participate in various in-game activities, purchase virtual assets, and even exchange them for real-world value. The tokenomics of CRYPTO typically encompass elements like staking, yield farming, and governance mechanisms, creating a vibrant and dynamic ecosystem where players can earn and engage. The success of CRYPTO's tokenomics relies on fostering a robust user base, ensuring token scarcity and value appreciation, and maintaining a fair and transparent governance structure to drive the growth of P2E gaming and empower players to earn meaningful rewards while enjoying their gaming experiences.
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Visit Cryptoland website.
How Many CRYPTO Are There in Circulation?
There is an initial maximum supply of 9,999,999,999.98 CRYPTO tokens, of which an estimated 101.02 CRYPTO are currently in circulation as of September 2023.
Where Can You Buy CRYPTO?
onXRP is a token trading on the XRP ledger DEX, the most straight forward way to acquire CRYPTO tokens would be to purchase them through XRPL DEX.
If you are looking for alternative exchanges where you can purchase CRYPTO, Bitrue is a good choice. Keep in mind that investing in cryptocurrency can be risky, just like investing in any other type of asset.
How to stay tuned for further updates?
If you wish to receive more updates about the CryptoLandGame ecosystem, we suggest you follow @CryptoLandGame on Twitter.