Chain Colosseum Phoenix is a turn-based blockchain game where you summon heroes, battle monsters, and earn valuable rewards for trading or upgrading your heroes. The rewards increase based on the rarity of the defeated monsters.
Ways to earn money
You can make real money in this game by:
4 risks identified
Upfront cost
This game requires an initial investment, and it might give the impression of potential future profits. However, unforeseen factors could hinder any returns or even lead to losses. Only invest what you can comfortably afford to lose.
Game token fuels insider profits
Insiders profit by selling their token allocations, which can drive prices down and harm buyers who purchased at higher prices. Moreover, developers often hold significant power over the tokens without safeguards against price manipulation or embezzlement.
The game is still under development
As the game is still a work in progress, please acknowledge that there may be occasional bugs, limited availability, potential hacks due to unknown vulnerabilities, and presales of assets with speculative prices.
Offers non provably fair loot boxes
The game offers loot boxes that provide an opportunity to acquire random valuable items upon opening. Nonetheless, it doesn't incorporate a provably fair algorithm to ensure that the outcomes generated are truly random and free from any manipulation.