Nine Chronicles (WNCG) Price

WNCG is Wrapped NCG, the wrapped version of Nine Chronicles Gold (NCG). It is backed by NCG on a 1:1 basis and exists as an ERC-20 token on Ethereum; NCG is the base currency of the Nine Chronicles network and game economy. Wrapping does not create another independent currency: when NCG is converted into WNCG, the asset form changes from NCG on the game-network side to an ERC-20 form usable on Ethereum; the reverse conversion changes WNCG back into NCG that can be used in the game economy.

WNCG’s direct role is to allow the corresponding NCG to be used in Ethereum-compatible wallets and applications in ERC-20 form; to enter the in-game economy of Nine Chronicles, WNCG must be converted to NCG through the official gateway. After conversion, NCG can be used for in-game activities such as buying and selling items on the market, crafting equipment that requires multiple materials, and accelerating progression. For example, crafting equipment with fewer than three materials does not require NCG; when combining three or more materials, the cost specified by the official rules is “(number of combined materials − 2) × 10 NCG”. This shows that NCG consumption is tied to specific in-game actions, and WNCG itself is not another independent in-game payment unit.

WNCG and NCG correspond on a 1:1 basis; the difference is the network and applicable use cases, not a fixed exchange rate. Users can convert WNCG in an Ethereum wallet into NCG through the Nine Chronicles Portal and send it to a game account; in the reverse direction, the “Send NCG” function in the Nine Chronicles Launcher converts NCG into WNCG. The reverse conversion has operational conditions: official documentation lists a daily limit of 5,000 NCG, a minimum of 100 NCG per transaction, and a deduction of 1% from NCG as a bridging gas fee. Therefore, 1:1 describes the asset-backing relationship; it does not mean the amount received after every cross-network conversion is necessarily unaffected by process fees and limits.

The fixed total supply of 1 billion tokens is a combined measure for NCG and WNCG, not a separate and permanently fixed cap for WNCG alone. Because NCG can be wrapped into WNCG and WNCG can be unwrapped back into NCG, the amount of WNCG shown on Ethereum at any point is only the portion of the 1 billion total that has been bridged. Accordingly, the maximum supply value displayed for WNCG on-chain can increase or decrease with bridging operations and should not be directly conflated with the project’s combined total supply. The official materials also explicitly state that the total supply in the whitepaper consists of NCG and WNCG combined.

25% (250 million tokens) of the combined NCG/WNCG supply is allocated to mining and staking rewards. This reward pool is issued on a target schedule of one block every 10 seconds, starting at 10 NCG per block and halving every four years; halving changes the rate of new issuance per unit of time, rather than halving the number of tokens already in existence. The official issuance table lists: 10 NCG per block in 2020, 5 NCG in 2024, and 2.5 NCG in 2028. The remaining supply is allocated among categories including presales, content and community, the foundation, and partnerships, with each category having its own lock-up or distribution arrangements; wrapping into WNCG does not change the total-supply constraints under this combined measure.

The main in-game function of locking NCG is to periodically receive action point potions, hourglasses, and other limited consumables, rather than to receive a fixed amount of NCG interest. These items can be used to restore action points more quickly or shorten crafting wait times, and players may use them themselves or circulate them among players. This mechanism is related to the game economy because action point potions and hourglasses are generated through locking NCG: players first lock NCG, then receive items according to the mechanism, and subsequently decide whether to use or transfer them. The specific available content, periods, and eligibility are subject to the game rules in effect at the time, and no fixed rate of return can be inferred from the fact that NCG can be locked.