Gaimin: Enjoy Gaming on Blockchain

By 9jaflick | Coinloaded | 17 Apr 2020

The video game industry is growing so fast that some believe it will reach over $300 billion by 2025. With billions of dollars in profit and over 2.5 billion gamers around the world, we can expect video game platforms to continue developing in 2020.

Besides the consistent and impressive growth of the industry, it is interesting to note that there has been a shift in revenue sources in the gaming space lately. The gaming industry used to make most of its money by selling games but today its revenue is coming from a different perspective.

BLOCKCHAIN IN GAMING INDUSTRY

The collision of blockchain technology and gaming holds great promise for the growth of industries. Blockchains provide a useful tool for gamers for various reasons including decentralized asset exchanges, verifiable scarcity of virtual objects and collectibles, fast and secure payment networks, and the ability for developers to properly monetize their creations.

The rising internet penetration is driving the demand of the market. The number of people with access to the internet in emerging markets has grown dramatically in the past years, due to the global expansion of Chinese smartphone manufacturers offering affordable smartphones and local government investment in mobile internet infrastructure. GlobalWebIndex’s data also indicates that more than 1 billion people around the world now stream games over the internet each month. The latest numbers indicate that almost a quarter of all internet users, more than 1 billion people watch live streams of other people playing games each month.

The Gaming Industry Overview

Video games have become an irreplaceable part of our global culture.
According to Microsoft, there are more than two billion gamers around the world, and they're all a part of a rapidly growing global community.
As an industry, video games generated $119.6 billion in revenue during 2018, according to SuperData.
Business Insider explored how video games have embraced innovation and reshaped the way we look at the world.

GAIMIN PLATFORM

Gaimin is a Blockchain-Based gaming platform whose Computer processing power is set to become an incredibly high-value commodity

CURRENT PROBLEM IN THE GAMING INDUSTRY

Just like a car or a home, computers require a little upkeep to ensure they continue running smoothly and don’t break down on you at inconvenient times. However, no matter how diligent you are in applying said upkeep, there’s always the possibility that your PC will be hit with a serious hardware or software problem. also, Many industries are already used to outsourcing and paying handsomely for computer processing power. Take online marketing and eCommerce as an example. Typically a small to medium-sized company’s eCommerce department will pay in the thousands of dollars each month to rent processing power (and hard drive space) to run applications that allow them to run web hosting, email services (for newsletters), analytics software, and much much more, all of which are very processor intensive. This trend of renting processing power is growing daily.

Gaimin goal is to connect the vast, dormant supply of GPU processing power, which belongs to the 1.3 billion gaming PCs in the global gaming community, with the rapidly growing, worldwide demand for massive processing power.

HOW GAIMIN BENEFITS GAMERS

Gamers will be rewarded by participating in Gaimin processor power supply network with a blockchain-based crypto token. which can use as settlement for their in-game purchases, directly in Gaimin marketplace and via its network of gaming partnerships.

GAIMIN MISSION: The mission of Gaimin is to become the “Uber” of processing power - passively monetizing a gamer's high powered computer resources when not in use and rewarding them with the purchasing power to fund their gaming experience.

Gaimin will provide the technological solution to utilize these idle computer time by building up a distributed supercomputer gaming network. This will enable computer owners to make a profit from the idle times of their computers. Gaimin achieves this by creating an isolated environment on computers, which allows renting out computing power while still ensuring security against potential threats.

Market Overview

The gaming industry is expected to register a CAGR of 12%, during the forecast period (2020 - 2025). Though people have been talking about it for years now, it is now inevitable that virtual reality will become a major cornerstone piece of the gaming industry. By 2020, players will spend USD 4.5 billion on immersive gaming. It is 20 times more enjoyable and convenient than traditional alternatives. Companies like BigScreenVR and AltspaceVR are two of the leaders in this industry today, accelerating a virtual future perhaps faster than many expect, market

Video games are more than just a booming entertainment business — they're reshaping the way we interact with the world. The gaming industry inspires innovation by constantly pushing the boundaries of what's possible, driving companies like Google and Microsoft to create new technology to serve the billions of gamers around the world.

In fact, according to Microsoft, there are more than two billion gamers around the world. This number includes everyone from those playing free games on their phone to those using a state-of-the-art computer fitted with the latest hardware. And the gaming market is only growing.

Gaimin Token and Token Sales

Gaimin will initially be funded through selling Gaimin Tokens. Gaimin Tokens are ERC-20tokens and compatible with many wallets and other third-party systems. Gaimin aim to have the Gaimin Token placed on several digital currency exchanges to enable their easy trading. All details about the upcoming sale of Gaimin Tokens will be announced on www.gaimin.io appropriately in advance. If you don’t want to miss out your chance to participate, make sure to subscribe to its email newsletter and/or follow our social media channel

Gaimin Token Release

The Gaimin token will be the intrinsic and fundamental currency within the Gaimin platform. a total of 5,000,000,000 (one billion) Gaimin token will be issued.

Tokenomics:

The GMRX Utility Token.
1) Round Structure
- Total Token Supply Fixed at: 5,000,000,000
- Total Tokens to be Sold via Token Sale Events (20%): 1,000,000,000
- Initial Token Sale Price: $0.10 USD / Token
Gaimin will operate multiple rounds for token buyers privately and publicly through token sale
events, full details still to be determined.
Project Softcap: $10 million USD
Project Hardcap: $100 million USD