P2E Game Cosmic Champs Launched On Algorand Network (ALGO)

JAKARTA – Cosmic Champs, a play-to-earn (P2E) game that was officially launched on the Pure Proof of Stake Algorand (ALGO) network in the 1st quarter of this year. Cosmic Champs is the most technically advanced game in Algorand.

Founder of Cosmic Champs, Matty Blanchard stated that Algorand is designed to be the leading smart-contract platform for decentralized games by 2022. Algorand claims to have a mix of securities, decentralized and high-performance.

As reported by U.Today, the low-cost NFT printing option is one of Algorand's (ALGO) lethal features: NFT represents digital ownership in on-chain gaming, and should therefore be considered a backbone element of GameFi's tokenomic.

The founder of the game Cosmic Champs added that the smart-contract platform Algorand in terms of Web3 is considered very environmentally friendly.

"Thanks to Algorand's Pure Proof of Stake (PPoS) consensus mechanism, Algorand-based P2E games have a significantly lower carbon footprint than other leading blockchain-backed P2E Games," said Blanchard.

The game Cosmic Champs features 5 main types of NFT which include Champs, Ships, Planets, Treasures, and Utilities like spells and buildings. The combination of all of that is able to increase the interesting gameplay and amaze GameFi fans to play while earning cryptocurrency.

Cosmic Champs Have COSG Token

Blanchard confirmed that all in-game transactions based on the Algorand network are authorized by the blockchain digital wallet. Therefore, transactions are transparent and visible to all.

“Transparency is very important to build trust in the community. Cosmic Champs is a community first game, and we have many exciting features in our development roadmap to ensure that playing Cosmic Champs is a rewarding experience that connects and grows the Algorand ecosystem.”

Cosmic Champs players can earn COSG token rewards from the game, besides that COSG can also be staked. The token can also be used in its own NFT marketplace. COSG will be used as an instrument for DAO (Decentralized Autonomous Organization) voting. With the support of DAO, Cosmic Champs is claimed to be developing into a full-stack game metaverse on the Algorand network.