How To Buy Gold Fever (NGL)?
A common question you often see on social media from crypto beginners is “Where can I buy Gold Fever?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process.
Step 1: Create an account on an exchange that supports Gold Fever (NGL)
First, you will need to open an account on a cryptocurrency exchange that supports Gold Fever (NGL).
We recommend the following based on functionality, reputation, security, support and fees:
1
Gate.io
Fees (Maker/Taker) 0.2%*-0.2%*
Cryptocurrencies
Available for Trade 1000+
Sign-up bonus
Up to $100 in USDT vouchers*
Available in
North America, South America, Europe, Asia, Oceania, Africa
In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.
Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.
Step 2: Deposit funds into your account
Many cryptocurrency exchanges will allow you to purchase Gold Fever (NGL) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.
Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.
Step 3: Buy Gold Fever (NGL)
This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Gold Fever (NGL) or Gold Fever (NGL) trading pairs. Look for the section that will allow you to buy Gold Fever (NGL), and enter the amount of the cryptocurrency that you want to spend for Gold Fever (NGL) or the amount of fiat currency that you want to spend towards buying Gold Fever (NGL). The exchange will then calculate the equivalent amount of Gold Fever (NGL) based on the current market rate.
Note: Make sure to always double-check your transaction details, such as the amount of Gold Fever (NGL) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.
How to create a Gate.io account
Alternative ways to buy Gold Fever (NGL)
Because the project is very new, it is only offered directly on a select number of exchanges. If you’re not comfortable connecting your bank account to any of these smaller exchanges, or if you cannot connect your bank account to them for geographical reasons. Then you can instead create an account on any of the major exchanges and simply transfer the funds from there.
Out of the major exchanges we recommend the following based on functionality, reputation, security, support and fees:
1
Binance
Fees (Maker/Taker) 0.075%*-0.1%*
Cryptocurrencies
Available for Trade 500+
Sign-up bonus
10% reduced trading fees*
Available in
Europe, Asia, Oceania, Africa
2
Bybit
Fees (Maker/Taker) 0.1%*-0.1%*
Cryptocurrencies
Available for Trade 400+
Sign-up bonus
$30,000 sign-up bonus*
Available in
Europe, Asia, Oceania, Africa
How to create a Binance account
For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out.
Simplecryptoguide.com
What Is Gold Fever (NGL)?
Gold Fever is a Free-to-Play and Play-to-Earn online multiplayer video game that:
- Encourages community building by requiring players to cooperate and engage in a complex strategy
- Leverages a decentralized structure with economic and psychological incentives
- Carefully designed to unleash rapid and scalable growth in terms of players, game infrastructure, and development
- Uses cryptocurrency to provide players with real-world economic incentives for both playing the game and supporting the game.
Gold Fever is first and foremost your typical video game, but it is also an economic game that rewards those who are more successful at analyzing it and taking advantage of it. In the rapidly growing online gaming market, which is anticipated to grow at 17.5% CAGR over the next 7 years to reach annual revenues exceeding $285 billion, Gold Fever sits in the particularly attractive “competitive gaming” segment. The game is designed to appeal to players who enjoy complex strategy, immersive story, and dark themes.
A key differentiating factor from related offerings (such as Rust, SCUM, or DOTA) is that Gold Fever players have the potential to earn income directly through online gameplay, as well as to support the game’s ecosystem. Research shows that 90% of competitive gamers are attracted to the possibility of earning an income through the games they play. Up until now, their primary options for doing so have been limited to securing sponsorships for competitive gaming competitions, winning sponsored tournaments and gold farming – an activity forbidden by the majority of games but still practiced at a massive level by millions of players.
As with professional athletes, gamers who achieve “professional” status are one-in-a-million, meaning the chances of earning an income from gaming are slim to none. Gold Fever brings the potential to democratize obtaining a salary through online gaming by integrating a variety of crypto-enabled “decentralizing” mechanisms.
Thus, Gold Fever players can earn money not only with their playing skills but also by:
- Crafting and selling in-game items
- Hosting Arenas
- Lending in-game currency
- Renting out in-game items
- Offering in-game services through skills or items that help other players
- Selling and trading unique in-game NFTs
In the early but rapidly growing crypto-enabled games segment, Gold Fever sets itself apart by being the first to feature top-grade 3D graphics and a focus on quality gameplay first over being a “crypto-enabled” game. Beyond that, Gold Fever uses cryptocurrency and decentralization as tools to unlock growth and engage a long-lasting community of players and supporters. After the game has been released to the public, decentralized governance mechanisms are gradually introduced. The aim is to create the perfect realm for a self-governing game where players elect a council that will decide upon the best interests, such as whom to work with, what things to tweak, what features to add, what budgets to use, and much more.
Gold Fever plot
Gold Fever is set in the unforgiving wilderness where a gold rush pits the native “Tribes” against the “Adventurers” who come in search of riches. Gold fever has turned the jungle into a dangerous place where those who wish to survive and prosper must form alliances. Tribals seek to kill Adventurers, take their gold, and return it to the rivers of their ancestral gods. Adventurers might face attacks from other gold-fever-stricken Adventurers. The Gold Fever experience is dark and tense, with innumerable horrors lurking in the forest and generous amounts of gory violence.
Gold Fever Gameplay
The game’s virtual 3D world is divided into Mining Claims, which are unique areas of the jungle containing rivers, mountains, traps, and artefacts. Each claim also holds a set amount of gold up for grabs throughout the limited duration of a single game. The amount of gold included in each map is known to all players from the start. Adventurers may have to pay to have a shot at the claims containing the highest amounts of gold, but they stand to benefit if they can find and deposit the gold in the local bank. Tribals, meanwhile, can earn Reputation (see below) and currency by killing Adventurers and returning the recovered gold to the shrines of their ancestral gods. Players take on specific roles that come with unique skills and abilities. Adventurers take the role of a Prospector, Medic or Hunter, while Tribals choose between Sorcerer, Forager, or Warrior. This motivates players to join balanced teams and work together strategically as they combine the uses of each class. For example, in the Adventurer faction, some individuals may focus on gold panning while others guard the camp, search for food or other valuable items. Gold Fever players, whether in Tribal or Adventurer roles, also earn Reputation and Experience, which are defined as follows:
Reputation: A value derived from the cumulative number of characters killed during fights, the quantity of gold saved, and other factors.
Experience: Points collected while completing quests and tasks in the initial tutorial and Free-To-Play arenas.
Note: Reputation and Experience affect players’ abilities such as fighting, movement, mining, and more.
What is the Native Gold (NGL) token?
Native Gold (NGL) is a fungible ERC20 token that represents the gold resource that players can find in the game’s rivers. Approved participants effectively bring NGL into the ecosystem when they use their Mining Claim Licenses to set up an Arena where Adventurers and Tribals fight amongst each other and extract the gold (NGL). Here’s an example of how that works: A player spends 1 ETH on buying a Mining Claim (these claims will take the form of non-fungible tokens). For simplicity’s sake, let’s imagine that this Mining Claim contains 1000 NGL. The problem is, the NGL is locked inside the Mining Claim. The only way for them to extract the NGL from their Mining Claim is to use it to start an Arena in Gold Fever and have the players find the gold (NGL). In this way, players in the Gold Fever ecosystem are analogous to ASIC mining hardware in the Bitcoin ecosystem. Like how Bitcoin mining operators spend electricity on their ASIC miners, a Mining Claim owner in Gold Fever must motivate Adventurers by offering them a share of the gold in each map. Ultimately, the owner will exploit the players towards the goal of gaining NGL for himself. Participants are thus locked in a dance where, as each maximizes his self-interest, everyone gains.
What is the Julius’s Brain (JBR) token?
Julius’s Brain (JBR) is a governance token (also ERC20) airdropped periodically to Gold Fever participants based on an algorithm that takes into consideration your involvement in the game and multiple parameters such as the use of in-game token, rights acquired, reputation, pool liquidity providing, and more. Note that in Gold Fever, Julius was the first to exploit the fictitious jungle. Julius has since ascended to a sort of God-like status in which he influences the world. JBR tokens will control different parts of Julius’s brain and will influence decisions that affect the game. This brings us to the next important element of Gold Fever: Non-Fungible Tokens (NFTs).
Non-fungible ERC1155 tokens: Each non-fungible token is uniquely identifiable, representing characters, artefacts, and other rare items in the game. These tokens (and the items they describe) can be borrowed, traded in-game, or potentially sold on external platforms. This means that each non-fungible token’s value can be different from any other NFT. For example, if we 9 have a token representing a weapon, it has a specific utility in the game, which gives it value, but it may also accrue value through its history. For instance, if the weapon played a pivotal role in a particular legendary battle, it might become a sought-after item in the community. Note that the players’ characters are also represented by NFTs, meaning that as players progress through the game, the Experience and Reputation they garner affects the value of the NFT portraying their character. Since all NFTs can be traded, this implies that a market for player characters themselves can develop.
Gold Fever development updates in 2023
Gold Fever (NGL) cryptocurrency has seen significant developments in 2023. Here’s an overview of the most important updates:
-
Game Development and Features: Gold Fever, an upcoming free-to-play roleplaying game (RPG), integrates high-quality graphics and immersive gameplay with a blockchain-powered economy. It features a complex gameplay system appealing to a broad audience and includes play-to-earn properties. Players can earn income by engaging in various in-game activities like crafting, selling, trading items, and monetizing the game’s service economy. The game leverages non-fungible tokens (NFTs) for player-owned in-game content such as transport vehicles, mining equipment, skins, and buildings. These NFTs have real utility in the game, adding depth to the gaming experience.
-
Listing on KuCoin Exchange: The Native Gold token ($NGL), the in-game currency of the Gold Fever universe, was listed on the KuCoin exchange. This listing offers significant exposure and liquidity to the $NGL token, expanding its reach within the cryptocurrency market. KuCoin added support for NGL/USDT and NGL/BTC trading pairs, enhancing the accessibility of the token for a broader range of investors and traders.
-
Evolving Play-to-Earn Model: Gold Fever is evolving the standard play-to-earn model by focusing on creating a compelling game experience first, which then rewards players with cryptocurrency. The game’s economy mirrors a real economy, and items in the game have genuine utility for players. This approach aims to balance leisure and reward, avoiding the grind common in many play-to-earn games. The game’s infrastructure, including boats, planes, land, and buildings, is transformed into commercial NFTs, allowing players to earn money and contribute to the game’s economy. This model represents a true decentralization of the gaming experience, where players have full ownership over their in-game assets.
These developments mark significant milestones in Gold Fever’s evolution, demonstrating a strong commitment to both the gaming and cryptocurrency communities. The game’s unique approach to integrating blockchain technology into a high-quality gaming experience sets it apart in the play-to-earn space.
Official website: https://goldfever.io/
Best cryptocurrency wallet for Gold Fever (NGL)
There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.
HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for Gold Fever (NGL)?
Deciding which type of wallet to use depends on a variety of factors, including:
- How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades.
- What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
- Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
- How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
- What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.
For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.
If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.
Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).
Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).
Market Overview
Coinmarketcap.com
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