Militia Games (MILIT) Metrics
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Price Chart
Militia Games (MILIT)
What is Militia Games?
Militia Games (MILIT) is a blockchain-based gaming platform launched in 2021, designed to create immersive gaming experiences that integrate decentralized finance (DeFi) elements. The project aims to empower players by allowing them to earn rewards through gameplay while fostering a community-driven ecosystem. Militia Games operates on the Ethereum blockchain, utilizing smart contracts to facilitate in-game transactions and interactions. Its native token, MILIT, serves multiple purposes within the ecosystem, including transaction fees, staking rewards, and governance, enabling token holders to participate in decision-making processes regarding the platform's development and future direction. What sets Militia Games apart is its unique blend of gaming and DeFi, offering players not only entertainment but also financial incentives. This innovative approach positions Militia Games as a significant player in the evolving landscape of blockchain gaming, appealing to both gamers and crypto enthusiasts alike.
When and how did Militia Games start?
Militia Games originated in March 2021 when the founding team released its whitepaper, outlining the project's vision and objectives within the gaming and blockchain sectors. The project launched its testnet in June 2021, allowing early users to engage with the platform and provide feedback. This was followed by the mainnet launch in December 2021, marking the official public availability of the Militia Games ecosystem. Early development focused on creating a decentralized gaming environment that integrates blockchain technology, enabling players to own in-game assets and participate in a play-to-earn model. The initial distribution of tokens occurred through a fair launch mechanism in January 2022, which aimed to ensure equitable access for participants. These foundational steps established the groundwork for Militia Games's growth and the development of its community-driven ecosystem.
What’s coming up for Militia Games?
According to official updates, Militia Games is preparing for the launch of its new gaming platform, which is scheduled for Q1 2024. This platform aims to enhance user experience by integrating advanced blockchain technology for seamless gameplay and transactions. Additionally, Militia Games is working on a significant partnership with a leading gaming studio, expected to be announced in early 2024, which will expand its game offerings and community engagement. The team is also focused on implementing a governance model that will allow token holders to participate in decision-making processes, with a targeted rollout in Q2 2024. These milestones aim to improve user engagement and expand the ecosystem, with progress being tracked through their official channels.
What makes Militia Games stand out?
Militia Games distinguishes itself through its innovative use of blockchain technology tailored specifically for gaming applications, enabling seamless integration of decentralized finance (DeFi) elements within its gaming ecosystem. The platform operates on a unique Layer 2 architecture that enhances transaction throughput and reduces latency, ensuring a smooth gaming experience for users. Additionally, Militia Games incorporates advanced interoperability features, allowing players to engage with multiple blockchain networks and access a diverse range of assets and functionalities. This cross-chain capability not only broadens the user base but also enriches the gaming experience by integrating various DeFi services. The ecosystem is further strengthened by strategic partnerships with established blockchain projects and gaming studios, fostering a collaborative environment that enhances development resources and community engagement. Militia Games also emphasizes a decentralized governance model, empowering players to participate in decision-making processes, which contributes to a more engaged and invested community. These elements collectively position Militia Games as a unique player in the evolving landscape of blockchain gaming.
What can you do with Militia Games?
The MILIT token serves multiple practical utilities within the Militia Games ecosystem. Users can utilize MILIT for in-game transactions, enabling them to purchase items, access premium content, and participate in various gaming experiences. Holders have the option to stake their tokens, contributing to the network's security while potentially earning rewards based on their stake. Additionally, MILIT may be used for governance purposes, allowing holders to vote on key decisions regarding game development and ecosystem changes, fostering a community-driven approach. Developers can leverage the Militia Games platform to create and integrate decentralized applications (dApps), enhancing the gaming experience and expanding the ecosystem's offerings. The ecosystem also supports various wallets and marketplaces that facilitate the use of MILIT for transactions and interactions within the gaming environment. Overall, Militia Games provides a comprehensive framework for users, holders, and developers to engage actively and benefit from the growing gaming landscape.
Is Militia Games still active or relevant?
Militia Games remains active through a series of recent updates and community engagements. In September 2023, the project announced a new game feature aimed at enhancing user interaction and gameplay experience. Development currently focuses on expanding its gaming ecosystem and integrating blockchain technology to improve transparency and security for players. The project has maintained a presence on various trading platforms, with consistent trading volume indicating ongoing interest from the community. Additionally, Militia Games has been active on social media, engaging with its user base and providing updates on upcoming events and features. These indicators support its continued relevance within the gaming and blockchain sectors, showcasing a commitment to innovation and community involvement.
Who is Militia Games designed for?
Militia Games is designed for gamers and developers, enabling them to engage in immersive gaming experiences while contributing to the development of the gaming ecosystem. It provides tools and resources, including game development kits (SDKs) and APIs, to support the creation and integration of blockchain-based gaming applications. Primary users, such as gamers, benefit from unique gameplay experiences that leverage blockchain technology, allowing for true ownership of in-game assets and enhanced interaction within the gaming community. Developers are empowered to create innovative games that utilize the platform's capabilities, fostering creativity and collaboration. Secondary participants, including content creators and community contributors, engage through various roles such as game design, content creation, and community management. They contribute to the ecosystem by sharing their creations and participating in governance, which helps shape the future direction of Militia Games. This collaborative environment supports a vibrant community focused on advancing the gaming landscape.
How is Militia Games secured?
Militia Games employs a Proof of Stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining the integrity of the network. In this model, participants can become validators by staking a certain amount of the native token, which not only secures the network but also aligns their financial interests with its success. The protocol utilizes advanced cryptographic techniques, such as Elliptic Curve Digital Signature Algorithm (ECDSA), to ensure secure authentication and data integrity. This cryptography safeguards user transactions and protects against unauthorized access. Incentives for validators include staking rewards, which are distributed based on their participation in the network. To deter malicious behavior, the protocol incorporates slashing penalties, where a portion of a validator's staked tokens can be forfeited if they act dishonestly or fail to validate transactions properly. Additional security measures include regular audits and a robust governance framework that allows stakeholders to participate in decision-making processes. This multi-faceted approach enhances the resilience of Militia Games, ensuring a secure and trustworthy environment for its users.
Has Militia Games faced any controversy or risks?
Militia Games has faced some controversy related to community governance disputes and regulatory scrutiny. In early 2023, the project encountered challenges regarding its token distribution model, which led to concerns among community members about fairness and transparency. The team responded by implementing a revised governance framework that allowed for more community input and decision-making power, aiming to rebuild trust and engagement. Additionally, there were regulatory inquiries regarding compliance with local laws, particularly concerning the classification of its tokens. The Militia Games team addressed these concerns by conducting a thorough legal review and adjusting their tokenomics to align with regulatory standards. They also initiated a series of community forums to keep stakeholders informed and involved in the decision-making process. Ongoing risks for Militia Games include market volatility and potential regulatory changes, which are mitigated through regular audits, transparent communication, and a commitment to adapting their practices in response to evolving legal landscapes.
Militia Games (MILIT) FAQ – Key Metrics & Market Insights
Where can I buy Militia Games (MILIT)?
Militia Games (MILIT) is widely available on centralized cryptocurrency exchanges. The most active platform is PancakeSwap V2 (BSC), where the WBNB/MILIT trading pair recorded a 24-hour volume of over $3.86.
What's the current daily trading volume of Militia Games?
As of the last 24 hours, Militia Games's trading volume stands at $3.88 .
What's Militia Games's price range history?
All-Time High (ATH): $0.462293
All-Time Low (ATL): $0.00000000
Militia Games is currently trading ~99.96% below its ATH
.
How is Militia Games performing compared to the broader crypto market?
Over the past 7 days, Militia Games has gained 1.87%, outperforming the overall crypto market which posted a 0.02% decline. This indicates strong performance in MILIT's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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Militia Games Basics
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Popular Calculators
Militia Games Exchanges
Militia Games Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
Militia Games




