GEAR (GEA) Cryptocoin Logo

GEAR (GEA)

  • Price: $0.0063 - 24h: ▼ 1.23%
  • Market Cap: $0.0000000
  • 24h Volume: $1.6600
  • Rank: # (by Market Cap)
  • Last Updated: 19 days ago

GEAR is a utility token deeply integrated within the Night Crows game, a massively multiplayer online role-playing game (MMORPG) built on the WEMIX3.0 blockchain.

GEAR (GEA) Trust Score !

The Trust Score (0-100) assesses an asset's safety based on its stability, liquidity, and smart contract security. Higher score = Lower risk.

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50.00
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GEAR (GEA) Bull/Bear Trend Strength

7 Day Market Momentum

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0.0000000
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30 Day Market Momentum

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0.0000000
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We collect crypto information and data from numerous API sources. Our unique analytical approach and presentation, developed with the aid of AI tools, is designed to offer a distinct perspective. This information is not financial advice, and given the rapid pace of the crypto market, it may not always be perfectly current or complete. We urge you to always verify details and conduct your own thorough research. Consult with a qualified financial advisor before making any financial decisions.

GEAR (GEA) Latest Market Data

Current Values

  • Current Price: $0.0063
  • 24h Trading Volume: $1.6600
  • Market Cap: $0.0000000
  • 24h Market Cap Change: ▲ $0.0000000
  • Fully Diluted Valuation: $26.07

Price Changes

  • 24 Hour Price Change: ▼ 1.23%
  • 7 Day Price Change: ▼ 0.37%
  • 30 Day Price Change: ▼ 76.25%
  • 60 Day Price Change: ▼ 67.04%
  • 1 Year Price Change: ▼ 99.78%

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GEAR (GEA) 30 Day Open, High, Low, Close Chart

What is GEAR (GEA)?

GEAR is a utility token deeply integrated within the Night Crows game, a massively multiplayer online role-playing game (MMORPG) built on the WEMIX3.0 blockchain. It serves as a crucial component within the game’s economy, facilitating specific crafting processes and playing a vital role in player progression. Unlike many cryptocurrencies, GEAR is backed by an in-game asset, the “Meticulous Aircraft Component,” which reinforces its utility and perceived value within the Night Crows ecosystem.

The token’s primary purpose revolves around acquiring the high-grade Aircraft Toolbox, a sought-after item that enhances gameplay. This direct link to gameplay gives it a real-world purpose for players. GEAR distinguishes itself by having a fixed total supply of 10 million tokens, introducing scarcity.

The token was launched along with the global release of Night Crows in March 2024. Players can acquire GEAR after reaching level 45 in the game. Once this milestone is reached, players can utilize the game’s “TOKEN” menu to mint GEAR. The value of GEAR is designed to maintain a 1:1 relationship with its in-game equivalent, offering a stable and predictable exchange rate within the Night Crows universe.

How Does GEAR Work?

GEAR’s functionality is intrinsically tied to the mechanics of Night Crows, operating within the WEMIX3.0 blockchain environment. Players earn in-game resources, specifically the “Meticulous Aircraft Component,” through various activities and quests. Once a player has enough of this component and has reached level 45, they can exchange it for GEAR.

This process of minting GEAR directly from in-game resources creates a cyclical economy, where engagement translates into tangible value for players. It also ensures that the supply of GEAR is directly tied to player activity and participation within the game. This mechanism of earning and minting is central to how GEAR works within the Night Crows ecosystem.

Once acquired, GEAR serves as a key resource for crafting high-grade Aircraft Toolboxes. These toolboxes provide significant advantages to players, enhancing their performance in the game. This connection to gameplay gives the coin utility in the game. Players can also trade the token on the PNIX decentralized exchange (DEX), providing a liquid market where they can exchange their GEAR for other cryptocurrencies or assets.

GEAR Key Features and Technology

One of the key features of GEAR is its integration with the WEMIX3.0 blockchain. WEMIX3.0 is a public blockchain that focuses on the gaming industry. Night Crows utilizes Unreal Engine 5 to provide high-fidelity gaming experience.

The fixed supply of 10 million GEAR tokens is another important feature. This fixed supply, as opposed to an inflationary or deflationary model, creates scarcity and potentially affects the price and value of the token as the Night Crows player base grows. The 1:1 peg between GEAR and the in-game “Meticulous Aircraft Component” is also important.

Night Crows supports cross-platform accessibility on PC, iOS, and Android. Night Crows boasts impressive player numbers and revenue generation, solidifying its position as a successful blockchain game.

What is GEAR Used For?

GEAR’s primary utility lies within the Night Crows game, where it serves a vital purpose in crafting. Specifically, it is essential for crafting the high-grade Aircraft Toolbox, a valuable item for players looking to enhance their gameplay experience. This central role in crafting makes GEAR a desirable resource for players seeking to progress in the game.

Beyond crafting, GEAR can be traded on the PNIX DEX. The ability to trade GEAR on a DEX creates a liquid marketplace. This allows players to convert their in-game earnings into other cryptocurrencies or assets, creating a bridge between the virtual world of Night Crows and the broader crypto ecosystem.

It also encourages player participation and retention within the game. Players are incentivized to engage with the game’s mechanics and economy to earn GEAR. It also gives them the ability to convert the token to other currencies.

How Do You Buy GEAR?

Acquiring GEAR directly through traditional cryptocurrency exchanges may not be possible. The primary method is through the in-game mechanics of Night Crows. Players need to reach level 45 and participate in activities that reward the “Meticulous Aircraft Component.”

Once acquired, players can use the game’s “TOKEN” menu to mint GEAR. Another option for acquiring GEAR is through decentralized exchanges (DEXs). The PNIX DEX is one such platform where GEAR is traded.

Purchasing GEAR on a DEX typically involves connecting a compatible crypto wallet to the platform, exchanging another cryptocurrency (such as WEMIX) for GEAR, and confirming the transaction. The player may need to do their own research to confirm the coins they are exchanging are compatible. Familiarity with blockchain technology and DEX platforms is recommended.

How Do You Store GEAR?

Because GEAR is a token on the WEMIX3.0 blockchain, you will need a wallet that supports the WEMIX3.0 blockchain. A compatible wallet is essential for securely storing and managing your GEAR tokens. A software wallet can be downloaded and installed on your computer or mobile device.

These wallets offer convenient access to your funds and allow you to interact with the WEMIX3.0 blockchain directly. Some popular software wallets include the WEMIX Wallet. You can also use a hardware wallet.

Hardware wallets provide an extra layer of security. They store your private keys offline. These wallets are considered more secure. Ledger and Trezor are examples of hardware wallets that may support WEMIX3.0 tokens.

Future Outlook and Analysis for GEAR

The future outlook for GEAR is closely intertwined with the success and continued development of Night Crows. The game’s popularity and the continued integration of blockchain technology will dictate its performance. If Night Crows continues to attract and retain players, the demand for GEAR will likely remain strong.

Furthermore, future developments in the Night Crows ecosystem, such as new gameplay features, items, or crafting recipes, could introduce new use cases for GEAR. This would further enhance its utility. Conversely, a decline in the game’s popularity or unforeseen issues with the WEMIX3.0 blockchain could negatively impact the token’s value and adoption.

The ongoing evolution of the broader blockchain gaming landscape will also influence GEAR’s trajectory. As more traditional game developers embrace blockchain technology, competition in the space will likely intensify. It is important to conduct thorough research before investing in any cryptocurrency, including GEAR, understanding the risks involved and considering your own investment goals.

## References
* CoinGecko: [https://www.coingecko.com](https://www.coingecko.com)
* CoinDesk: [https://www.coindesk.com](https://www.coindesk.com)