Coinhurt.com

To learn more about this project, check out our deep dive of CryptoZoon.

What Is CryptoZoon (ZOON)?

CryptoZoon is a digital collectible game inspired by Pokémon Story. Its mission is to build a comprehensive platform of digital monsters that will enable millions of individuals to participate in the NFT and blockchain-based gaming world in a simple, creative and enjoyable way.

Players can trade NFTs called ZOANs, digital collectible creatures with different traits, levels and tribes. All ZOAN spawn from eggs and undergo an evolution to reach their final development stage. Players need to spend a few ZOON to take their digital creature from the egg phase to the ZOAN phase.

ZOANs can be trained and grow to fight monsters called Yaki Monsters. By fighting Yaki Monsters, players can earn ZOON, the native token of CryptoZoon as a reward. There are four ZOAN tribes in CryptoZoon and each tribe has different abilities. ZOANs come in six different levels of rarity: Common, Uncommon, Rare, Super Rare, Epic and Legendary.

Furthermore, CryptoZoon offers an NFT marketplace, where players can trade their ZOANs, and farming, where players can put up their NFTs as collateral to farm liquidity. Players can also compete against each other to receive ranking rewards and breed their ZOANs to create new NFTs.

Who Are the Founders of CryptoZoon?

The founders of CryptoZoon are anonymous. On their website, they state the legal situation of cryptocurrency in their country as the reason and point out other successful projects such as Sushi that have been built by anonymous founders, while projects like NanoDoge have been rug pulls even with a public team. This anonymity indicates that the team is not from an English-speaking country. The project might conceivably be from China, where cryptocurrencies repeatedly have met with resistance, although we don't know that for sure.

What Makes CryptoZoon Unique?

CryptoZoon is taking a page out of the playbook that has worked for other play-to-earn games. Players have multiple ways to accumulate ZOON.

First, they can fight Yaki Monsters and earn ZOON for successful battles. The game algorithm selects winners based on different ZOAN.

Characteristics, such as indicators, rarity and evolution levels. The rarer a ZOAN, the more turns it gets to fight a monster every four hours and, thus, the more ZOON it can earn. Turns are split according to the following ascending order of turns per hour:

ZOAN rarity level — frequency of ZOAN — turns to fight monster per four hours

Common 52.25% 1

Uncommon 26.12% 2

Rare 8.7% 3

Super Rare 6.53% 4

Epic 3.48% 5

Legendary 2.92% 6

Besides fighting regular Yaki Monsters, ZOANs can also fight Yaki Bosses once per week. Players need four ZOANs to participate: at least two ZOANs, each from rarity levels two and three, or at least one ZOAN from levels four, five or six. The token reward gets divided among the winners.

ZOANs that have reached level three or higher can be staked to generate farming rewards in the form of ZOON tokens. The team envisions a three-tiered profit system, where players can earn from holding ZOON tokens, use ZOON to buy NFT creatures, and use these NFT creatures in battle and as collateral to generate more ZOON and BNB.

Related Pages:

Check out Axie Infinity (AXS) – another pet-oriented trading game incorporating NFTs.

Check out PancakeSwap (CAKE) — the token of the liquidity pool ZOON is listed on.

Learn how NFTs work in our guide to non-fungible tokens.

Get the latest crypto news and latest trading insights with the CoinMarketCap blog.

How Many CryptoZoon (ZOON) Coins Are There in Circulation?

The total supply of ZOON is 1 billion. 25% have been distributed in an IDO, with a soft cap at 400 BNB and a hard cap at 800 BNB, where each wallet had a 2.5 BNB at a 312,500 BNB/ZOON valuation.

According to the team, the IDO was sold out in less than 25 seconds. 43% of tokens are reserved for play-to-earn features: 15% for farming, 14% for monster battles and 14% for trainings. 25% are reserved for liquidity pools, leaving 2% for airdrops and 5% for developers with a lock-up period of one year.

Furthermore, each transaction incurs a 5% fee for selling and a 2% fee for buying ZOON, which is redistributed to the marketing wallet and used for marketing, development, buybacks and burns. Yaki Boss killer rewards, and CEX listings.

How Is the CryptoZoon Network Secured?

ZOON is a BEP-20 token on the Binance Smart Chain, while the NFTs follow the ERC-721 standard. The team states it chose BSC because it is fully compatible with the Ethereum Virtual Machine, includes pre-integrated oracles such as Chainlink, operates with lower gas fees than Ethereum, and because BSC’s compatibility with EVM makes it easier to list on major exchanges.

BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.

When Will CryptoZoon Trading Begin?

CryptoZoon was launched on July 29, 2021, on Pancakeswap.

Can CryptoZoon Hit $1?

CryptoZoon is an interesting NFT collectible game with a few clever features that incentivize players to keep playing over longer periods. Games like Axie Infinity (AXS) have shown how powerful well-designed NFT games can be and, as a result, how high their price can trade. CryptoZoon already has a big community of over 120,000 followers on Twitter and almost 100,000 subscribers on their Telegram channel, indicating strong initial interest. While it is hard to estimate how high CryptoZoon will trade, it is certainly possible it will appreciate in price.

Where Can You Buy CryptoZoon (ZOON)?

ZOON is available on PancakeSwap. If you want to learn more about how you can start buying cryptocurrencies, you can read more here in our guide.

As the game has grown in popularity, interest in the ZOON to PHP price has increased dramatically in the Philippines.