Key points at a glance
AAA games integrate Web3: Gunzilla Games creates its own Avalanche subnet GUNZ to power the cyberpunk masterpiece Off The Grid, realizes real ownership and seamless encryption integration of NFT props, and redefines the blockchain gaming experience.
Powerful token model: $GUN has a total supply of 10 billion, investors’ holdings are strictly locked, and the income-driven buyback mechanism enhances market health. Only 5-6% will be circulated in the early stage, strengthening long-term value alignment.
High-performance technical architecture and validator NFT: GUNZ takes advantage of the low latency of the Avalanche subnet, is compatible with EVM, and launches validator NFT for running nodes and obtaining $GUN rewards.
Strong launch and future planning: In March 2025, $GUN was successfully launched through Binance Launchpool, with support from well-known institutions such as Binance, Delphi Ventures and Animoca Brands. Gunzilla plans to promote multiple games, user-generated content (UGC) and decentralized ecosystem construction.
When AAA game development meets blockchain technology, a new game ecosystem driven by players and full of immersion is quietly emerging. Gunzilla Games is at the forefront of this trend. Its GUNZ is an Avalanche subnet designed for high-performance games, combining NFT-style game item ownership with a native on-chain reward mechanism.
As the native token of GUNZ, GUN/USDT not only drives the NFT trading market in Off The Grid, but also carries the complete Play-to-Earn reward system. This article will comprehensively analyze the token mechanism of $GUN, the GUNZ technology stack and the validator NFT model, review its debut on Binance Launchpool, and look forward to its future development plans.
Table of contents
Token Mechanics: Supply, Distribution, and Locking
Technical Architecture: GUNZ on the Avalanche Subnet
Recent Developments and Release Highlights
Investment institutions and partners
Frequently Asked Questions (FAQs)
Introduction to GUNZ and $GUN
Gunzilla Games was founded by a group of senior game practitioners and has received investment from many well-known venture capital institutions. It has created a new blockchain ecosystem GUNZ, whose native token is GUN/USDT . The core work of this ecosystem is the AAA cyberpunk-themed shooting masterpiece Off The Grid (OTG for short), an innovative extraction battle royale game. With the help of Avalanche subnet technology, GUNZ has achieved a high-speed and low-latency on-chain interactive experience, allowing players to truly own in-game assets (in the form of NFTs) and drive the entire mechanism through $GUN.
From 2022 to 2025, Gunzilla has raised more than $100 million through equity financing and token sales. The development team has always adhered to the concept of game first, focusing on polishing the complete game experience first, and then integrating blockchain functions in an almost invisible way to ensure that traditional players can also smoothly enter the ecosystem. It was not until the end of the key testing phase that Gunzilla officially publicly issued $GUN in March 2025 and chose Binance Launchpool as the distribution channel.
Image Credit: Off The Grid
Token Mechanics: Supply, Distribution, and Lockup Arrangements
Total Supply and Circulation
The total supply of $GUN is 10 billion
Launchpool Allocation: 4% (i.e. 400 million) will be distributed to users through Binance Launchpool
Lock-up and reserve: The remaining 96% will be allocated to investors, teams, consultants, ecological incentives and reward pools, and a strict lock-up and phased release mechanism will be set up.
At the initial launch of the token, only about 5-6% (about 500-600 million) will be freely circulated in the market. Based on the initial price of $0.10, the circulating market value is about $50 million to $60 million, and the fully diluted valuation (FDV) is about $1 billion.
Image Credit: GUNZ Whitepaper
Investor and team lock-up mechanism
Private placement: 35-40% allocated to seed/strategic investors (e.g. Republic Capital, Griffin Gaming, Animoca Brands), with a 12-month lock-up period and an 18-month linear unlock period
Team and consultants: The core team tokens have a 30-month lock-up period, and consultants will be released in installments after 12 months.
Ecosystem incentive and reward fund: locked for at least 12 months, and gradually released to players and the community by the GUNZ Foundation as planned
Image Credit: CryptoRank
Buyback and destruction mechanism
As a non-inflationary token, $GUN has a buyback model driven by game revenue. Gunzilla has pledged to use 30% of Off The Grids revenue to buy back $GUN in the market. These tokens may be used for reward distribution or destroyed at an appropriate time to maintain the balance of token supply and demand, so that its value forms a positive linkage with the development of the game.
Technical architecture: GUNZ based on Avalanche subnet
High throughput and low latency advantages
GUNZ is an independently operated Avalanche subnet that uses the Snowman++ consensus algorithm to achieve near-instant transaction confirmation speed. This architecture is very suitable for real-time multiplayer shooting games like Off The Grid, allowing in-game asset transfers and on-chain transactions to be completed quietly in the background without interfering with the players immersive experience.
Image Credit: Gunz Official Website
Smart Contract and NFT Integration
EVM compatibility: supports contracts written in Solidity, and developers can use familiar tools to build NFT markets, token mechanisms, and other functions
ERC-721 NFT standard: weapons, skins, HEX loot boxes and other items are minted on GUNZ in the form of NFTs and can be freely traded between players
Built-in Market and Wallet: The game has a built-in NFT market and a dedicated wallet to ensure fast transaction process and smooth user experience
Validator NFT and Permissioned Subnet Mechanism
GUNZ runs on a permissioned subnet, and only audited validators can run nodes. Each node is represented by a validator NFT, and the holder is entitled to a share of $GUN transaction fees. Several crypto funds, including Delphi Ventures, have invested $6 million to grab a validator node seat.
$GUNs core functions and uses
Universal currency in the NFT market
All NFT transactions within the GUNZ ecosystem are conducted using $GUN. For example, a rare gun skin can be priced at 100 $GUNs, and after the transaction is completed, its ownership will be transferred to the buyer through an on-chain mechanism.
Play-to-Earn Rewards
In the game Off The Grid (OTG), players can get $GUN rewards when they complete daily tasks, win matches, or bring out high-value loot. Part of these rewards come from the official buyback mechanism to continuously replenish the reward pool.
Gas Fees and Network Transaction Fees
Similar to ETH on Ethereum, $GUN exists as a basic transaction token in the GUNZ network. Although ordinary players may not feel the fee due to the friendly design, this mechanism is still an important part of supporting the normal operation of the entire network.
Node Rewards and Staking Incentives
Operators who run nodes (and may also support delegated staking in the future) can receive $GUN rewards to encourage them to maintain network security and stability. The current validator NFT model will be further opened up as the ecosystem develops, attracting more people to participate in node construction.
Image Credit: Off The Grid
Recent Developments and Important Milestones
2024: Early Access and Testnet Results
Off The Grid Early Access Version Launched: In October 2024, Gunzilla launched the OTG Early Access version for PC, PlayStation 5, and Xbox Series X|S. At the same time, the test network $GUN and NFT system were launched, and players were exposed to its on-chain gameplay mechanism for the first time.
Won multiple awards at the GAM 3 Awards: In November 2024, OTG won four awards including Game of the Year and Best Action Game at the GAM 3 Awards, marking a significant increase in the market recognition of AAA Web3 games.
Image Credit: GUNZ Whitepaper
End of 2024: Strategic cooperation promotion
Delphi Ventures invested $6 million: The organization also obtained the GUNZ network validator qualification and became one of the early core partners.
GUNZ Foundation is established: As a non-profit entity, the Foundation is responsible for key functions such as ecological governance, financial allocation and community development.
Q1 2025: Binance Launchpool and Mainnet Launch
In-depth cooperation with Binance: In March 2025, $GUN was selected as Binances 66th Launchpool project, attracting more than 1.6 million users to participate in staking mining.
Mainnet officially launched: On March 31, 2025, the GUNZ mainnet was officially launched. The initial price of $GUN was about $0.10, and it was stable in the range of $0.10-$0.12 in the past few days.
Investment background and core partners
Gunzilla has gathered support from many top investment institutions in the gaming and blockchain fields:
Seed round (2021-2022): Raised over $46 million from Republic Capital, Griffin Gaming Partners, Animoca Brands and others.
Avalanche/Blizzard Fund: Co-led $10 million token funding round in March 2024.
Delphi Ventures, CoinFund, Morningstar: Provide funding, validator node architecture support and strategic consulting between 2022-2024.
Coinbase Ventures, Jump Crypto, VanEck: Participate in later-stage financing rounds to enhance the project’s institutional credibility and global influence.
Binance: As a core cooperation platform, it supports $GUN to be issued through Launchpool and listed on centralized exchanges.
Epic Games Store: OTG has landed on the mainstream PC gaming platform, further expanding the games visibility among traditional gamer groups.
With strong capital support and strategic cooperation, Gunzilla is expected to play a key leading role in the Web3 gaming field.
Image Credit: ICO Drops
$GUN Market Performance
Initial listing and price fluctuations
Launch time: March 31, 2025, on Binance
Initial offering price: approximately $0.10, corresponding to a fully diluted valuation of approximately $1 billion
First-day trading performance: The trading volume exceeded 20 million $GUN within 24 hours of listing, and the price rose to $0.12 during the trading session. Although the tokens were issued through Launchpool, there was no concentrated selling, but instead showed strong buyer demand.
Trading activity and liquidity
Binance platform: GUN/USDT trading pair has been opened, and GUN/BNB may be supported, with higher daily trading volume
Other exchanges: XT.COM and several second-tier trading platforms also launched GUN/USDT simultaneously
On-chain activity: Thousands of GUNZ wallet addresses have been activated since the mainnet went live, indicating that actual user participation continues to grow
Flow-through Market Value vs. Fully Diluted Valuation (FDV)
Based on an estimate of $0.10-$0.12, the current circulating market value is approximately $60-70 million (corresponding to 5-6% unlocked), and the fully diluted valuation is close to $1.2 billion. This comparison reveals the effectiveness of the projects long-term lock-up mechanism and the markets positive expectations for future development.
Roadmap and future planning
2023-2024: Infrastructure and early experience
GUNZ testnet deployment: launched in Avalanche subnet and released a trial game TECHNOCORE to test network performance
Off The Grid closed beta and early access: Closed beta will start in mid-2024, early access will be available in the fourth quarter, and NFT minting will be available on the testnet
Q1 2025: Mainnet launch and token listing
Binance Launchpool (March 27-30): 400 million $GUN distributed via Launchpool
GUNZ mainnet officially launched (March 31): fully integrated with Off The Grid, supporting real $GUN transactions and reward distribution
End of 2025
Off The Grid is officially released: plans to add new maps, plot content, and may introduce new chapters such as Prisoners Dilemma
Ecosystem expansion: The GUNZ Foundation will attract more developers and game projects to join the ecosystem and share the $GUN/NFT architecture
Upgrade of staking and verification mechanism: Open more validator NFTs, and explore partial open staking and subnet elastic expansion solutions
2026 and beyond
Multi-game ecosystem: Multiple AAA or independent games will run in the GUNZ ecosystem, using $GUN for in-game transactions and incentives
UGC and module support: It is expected to open a user-generated content system to allow players to generate tradable NFT game resources
Cross-chain bridging function: Establish trustless cross-chain bridging with chains such as Ethereum to improve asset liquidity and composability
Gradually decentralized governance: On the basis of ensuring performance, gradually open up verification permissions and community governance mechanisms
Frequently Asked Questions (FAQs)
Q1: What is the relationship between GUNZ and Avalanche?
A: GUNZ is an exclusive subnet based on Avalanche, which uses its consensus mechanism to achieve a fast and secure on-chain experience, while customizing block parameters to meet the high performance requirements in gaming scenarios.
Q2: How do I earn $GUN in Off The Grid?
A: You can get $GUN rewards by completing daily tasks, winning games, or successfully bringing out rare items. This part of the reward funds comes from the 30% repurchase mechanism of the game revenue to ensure long-term sustainable distribution.
Q3: Can I sell the NFT in the game on the external market?
A: Yes. Since GUNZ is compatible with EVM, NFTs can be transferred to supported wallets and traded on NFT markets such as OpenSea. However, if cross-chain transfers are involved, a bridge service may be required.
Q4: Does $GUN have a token destruction mechanism?
A: Currently, the supply is regulated by repurchasing and then injecting it into the reward pool. In the future, some tokens may be destroyed based on demand to maintain ecological balance.
Q 5: How to become a GUNZ validator?
A: You need to hold Validator NFT and have the required hardware. Gunzilla plans to gradually open more nodes and may introduce a delegated staking mechanism to lower the threshold for participation.
Q 6: Why is there a big gap between the market price of $GUN and the private placement price?
A: Early investors participated at a lower price, but their tokens are locked for a long time. The current market price reflects the immediate supply and demand relationship under limited circulation.
Summary and follow-up instructions
$GUN is the core fulcrum of the GUNZ ecosystem, building a player-led system that integrates AAA game development and Web3 innovation. With a friendly user experience, fast on-chain transactions, and true digital asset ownership, Gunzilla Games aims to seamlessly connect crypto users and traditional players to enter the new blockchain-driven gaming economy.
Since its successful debut on Binance Launchpool in March 2025, $GUN has performed steadily in the early stages, sparking widespread interest in AAA blockchain games. Gunzillas next development path will focus on expanding the community, bringing in more partners (including new development studios), and continuously optimizing the gaming experience of Off The Grid.
Want to learn more about the GUNZ ecosystem?
Visit the Gunzilla Games official website for the latest news
Download and play Off The Grid on PC or console
Follow GUNZs X (original Twitter) account to learn about subsequent cooperation and new game launches
Whether you are a gaming enthusiast or a blockchain investor, GUNZ is an important gateway to a new era of AAA Web3 games.
About XT.COM
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