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Preparing for GMRX (the imminent listing of GMRX), we would like to share our philosophy, strategy, address a few questions and clear up some common misconceptions.
Why has GAIMIN established a successful esports company – GAIMIN Gladiators?
GAIMIN.IO Ltd (GAIMIN), a UK and Swiss-based gaming company, is dedicated to helping gamers monetise their computing power. GAIMIN has created a decentralised data processing network harnessing under utilised processing power typically found in gaming PC’s to create a world-wide decentralised data processing network, delivering “supercomputer” performance.
GAIMIN targets PC gamers as they have the most powerful devices. Our research has shown that a gamer typically uses only 20% of their computer to play games, with the rest of the time the computer is used for work. GAIMIN connects a user’s device to their GAIMIN network and uses this downtime to allow them to passively monetize it.
Participation in the GAIMIN distributed data processing network rewards the user in the form of GMRX, GAIMIN’s native cryptocurrency. GAIMIN is remunerated for the participation of all devices in the network. GAIMIN consolidates the rewards and gives back up to 90% of the revenue generated. It also retains 10% for operational purposes.
GAIMIN’s business model is based on increasing the number of users who actively participate in the GAIMIN network. There are unlimited users that can join the GAIMIN network. GAIMIN’s approach to identify potential users within the PC gaming industry is to generate brand awareness through the gaming and esports community. GAIMIN created GAIMIN Gladiators to manage 5 esports gaming groups. They are currently focused on DOTA2, Rocket League and Pokemon Unit. CounterStrike:GO is also a focus of GAIMIN Gladiators. This group of five esports players has a combined global audience of nearly 1 million and a reach of almost 5 million people through their participation in events and tournaments. GAIMIN’s global brand awareness is growing thanks to this marketing campaign and the success stories of its esports teams.
GAIMIN Gladiators achieved unprecedented success in its three-months of existence. This is a first for new esports groups. GAIMIN Gladiators already has over $100k in cash and DOTA 2 have just qualified to be one of 18 players in the ESL One Stockholm tournament. It has an estimated prize pool of $500k, and the tournament is watched by more than 5,000,000 people every day.
GAIMIN established an esports business to raise brand awareness.
Is GAIMIN a crypto mining company?
GAIMIN’s approach to monetisation through its distributed data processing network is often associated with “crypto mining”, however this is not a true comparison. GAIMIN offers a variety of monetization options on its platform. Each has its inherent profitability. GAIMIN’s AI engine determines which monetisation function to use. It identifies and assesses profitable functions at all times, then deploys them to process data. This generates a return.
GAIMIN’s network does “mine” (power blockchain computations) however GAIMIN also deploys its data processing network into other monetisation functionality, such as video rendering, which is a more profitable service, but has less continuous business requirements than the powering of blockchain computations. The rewards received by the client will vary, so a direct comparison with a service that is dedicated to mining may not be appropriate.
So GAIMIN is not a “mining” company, it is a monetisation engine, capable of delivering rewards back to the user which are in excess of the rewards generated through mining applications.
Deflationary tokens created
Participants in the distributed data processor network earn GMRX. GMRX earned can be used to boost the reward for higher spending power within the GAIMIN marketplace or in other game economies that support the GMRX token. GMRX listed can also be used to convert into other cryptocurrency or fiat currencies.
GAIMIN’s approach is to incentivise users to utilise their earned GMRX within the GAIMIN ecosystem. GAIMIN created a market for accessories, merchandise, NFTs, and game assets. When using earned GMRX for purchases, GAIMIN will reward the user in a number of ways – bonus GMRX, discounts on prices, enhanced NFT attributes for example.
A deflationary token is a way for token owners to keep a token that has real value by listing it on an exchange and also create value in digital ecosystems.
GAIMIN is implementing an innovative approach to NFT acquisition.
NFTs can be sold for a higher price to preserve them as collector assets and increase in value. GAIMIN’s approach is the opposite. The problem is, these NFTs have to still be used and utility. They also need to be associated with rare and valuable assets that are desirable for trade. Interest in NFTs will decline along with their value if utility is lost and used less frequently.
GAIMIN is a gaming company that integrates blockchain technology and NFTs into its most popular games. GAIMIN will create NFTs which are both affordable and can be used within the games. GAIMIN will offer NFTs at purchase prices that are associated with passive earnings rewards. This is to encourage users to create their own GMRX as well as increase their number.
GAIMIN’s initial research indicates a typical user can earn around $1 per day when monetising their devices with GAIMIN. Actual earnings depend on how long the monetisation process takes and what the device does. Based on this $1 per day typical earning capability, GAIMIN will make available NFTs that can be purchased for less than 1 day’s monetization, or NFTs that can be purchased for say, 1 day’s, 1 week’s, 1 month’s typical monetization, for example – less than $1, $1, $7, $30. Gamers will be able to rapidly build in-game assets by participating in GAIMIN and retaining GMRX.
GAIMIN allows users to obtain NFTs based on their participation in the data processing networks. This is not dependent upon hashrate contributions. The more hours a user is connected to GAIMIN’s network, the better the NFT – this is irrespective of hashrate contribution.
GAIMIN also encourages users to own GMRX. GMRX holders who use their GMRX on the market will get discounts, bonuses, and enhanced NFTs attributes.
GAIMIN’s strategy is to enable as many gamers possible to acquire functional and useable NFTs for gaming and to move those assets into other games while still retaining their investment.
GAIMIN is creating the world’s first interoperable NFT
GAIMIN has been at the forefront in developing gaming technology with NFT and blockchain embedded within games. A gamer could previously purchase an in-game asset such as a sword, but that asset was only allowed to be used within that particular game or for its intended purpose. So, moving to a different game was always a problem – building up an asset repository in one game meant the gamer had to restart building up their asset repository in the new game. NFTs are one solution to this problem – building an NFT based asset repository in a game allows the gamer to remove their NFT from one game and use it in another game, however a sword was always a sword and if the new game did not utilise swords, then this asset would be useless.Interoperable NFTs solve this problem. One game’s sword can be transformed into a game’s flower!
GAIMIN is developing the world’s first interoperable NFTs through its GAIMCRAFT technology components. GAIMCRAFT integrates NFT and blockchain technology in existing games like Minecraft and GTA5. The interoperable NFT that is used in Minecraft will also be available in GTA5, making it more accessible across other games. This allows gamers to develop a complete interoperable asset set based upon their passive GMRX earnings. Users will be motivated to keep their GMRX for GAIMIN-related purchases only.
There will not be a gamer left behind
GAIMIN is soon to list its GMRX token in global exchanges. The GAIMIN platform is set to be made available worldwide once the token goes on sale. The platform is currently only available as a limited download. GAIMIN is asking users interested to sign up on the whiteline. We will be releasing 100 links per week to our users. We are now ready for global growth and this is the final stage of our testing.
We will soon be making it possible for anyone who has a compatible device to earn GMRX passively. They can either use them to make in-game purchases, or to convert into other cryptocurrency or fiat currencies. The GAIMIN ecosystem will offer additional GMRX and discounted merchandise, as well as enhanced NFT attributes, to increase the reward value.
Any user can participate in the GAIMIN network – GAIMIN does not just reward users based on hashpower contribution, GAIMIN has also released a range of in game NFTs based on hours connected to the data processing network. This system is completely hashpower-agnostic. It allows anyone to receive usable, functional NFTs.
Over the next few years, GAIMIN’s strategy is to ensure we can support as many gamers as possible, irrespective of the performance of their device, irrespective of their location whilst improving the gaming experience for gamers and allowing them to retain and grow their investment in their gaming activities.
So,
- GAIMIN can be considered an esports business. It is both!
- Is GAIMIN a “mining” company? Both yes and no!
- GAIMIN can compete with mining companies. No!
- GAIMIN is creating gamers that can keep their gaming investment? Absolutely
- GAIMIN allows a player to invest more in gaming. Yes.
- Gaming is a benefit of the GAIMIN distributed processing network. Yes
- GAIMIN is having this same experience? Most definitely
No gamer left behind!
This link will provide more details about GAIMIN Gladiators: https://linktr.ee/GaiminGladiators
Click this link to find out more about GAIMIN
www.gaimin.io
You can find the most recent information on GAIMIN’s social media pages:
Facebook: https://www.facebook.com/Gaimin.io
Instagram: https://www.instagram.com/gaimin_io/
Twitter: https://twitter.com/GaiminIo
LinkedIn: https://www.linkedin.com/company/gaimin/
YouTube: https://www.youtube.com/c/Gaimin
Telegram: https://t.me/officialgaimin
Discord: https://discord.gg/7XUnd2kjJK
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