In today’s digital age, the demand for computational power is ever-increasing, driven by advancements in AI, gaming, and blockchain technology. Traditional methods of sourcing this power often fall short, leading to inefficiencies and high costs. Enter a solution that leverages the vast, untapped potential of idle computing resources. By harnessing the power of distributed networks, this innovative approach not only meets the growing computational needs but also offers an eco-friendly alternative. Gaimin emerges as a pioneering platform, enabling users to monetize their unused computing power efficiently.

What is Gaimin (GMRX)?

Gaimin (GMRX) was founded to harness the increasing demand for computational power driven by advancements in AI, gaming, and blockchain technology. The company was established in the UK and Crypto Valley, Zug, Switzerland, assembling a robust team of experts across gaming, marketing, regulatory, blockchain, Web3, software development, and finance. In its early stages, Gaimin secured funds to develop its platform to the MVP stage, achieving over 50,000 downloads. By 2022, Gaimin had formed the Gaimin Gladiators, a top-tier esports organization, and built the Gaimin.cloud to provide data processing power for technologies like AI and blockchain computations.

In March 2023, Gaimin reached a significant milestone by being approved for SRO membership of the Swiss Financial Services Standards Association under FINMA. This achievement underscored Gaimin’s commitment to compliance and regulatory standards. The company continued establishing key partnerships to integrate leading technologies and drive mass user adoption. By Q4 2024, Gaimin aimed to increase platform downloads, enhance network monetization, test mobile monetization, and expand its game offerings. The company also focused on strategic planning and reviewing its Objectives and Key Results (OKR) to ensure continuous growth and innovation.

Under the leadership of experienced professionals like CEO Martin Speight and CTO Buki Ben Natan, Gaimin evolved into a cutting-edge Web3 gaming infrastructure project. It stands poised to become an important gateway for the mass adoption of Web3 games and blockchain technology, leveraging its strong industry partnerships and innovative platform.

How Does Gaimin Work? Computing Power and Marketplace

Gaimin harnesses the immense computational power available in the global gaming community to meet the growing demand for data processing. Upon installation, the Gaimin application automatically detects available devices on a user’s PC and begins monetization. Using a sophisticated AI decision-making engine, Gaimin identifies the most profitable data processing tasks, such as video rendering or blockchain computations, and allocates the user’s resources accordingly. This approach leverages the high-performance GPUs commonly found in gaming PCs, providing a decentralized solution for data processing needs.

Gaimin’s ecosystem is built around several key products and services. The Gaimin Platform is the central hub, offering access to Web3 games, traditional Web2 games with Web3 integrations, and passive monetization features. Built on the Electron programming framework, the platform ensures scalability and compatibility, providing a seamless gaming experience while managing monetization in the background. Users can track their reward generation and monitor device performance through a comprehensive dashboard.

Additionally, Gaimin.cloud is a decentralized data processing network that aggregates computing resources from users worldwide, initially focusing on high-performance GPU devices. This network leverages the global gaming community’s vast GPU resources to power-intensive computing tasks such as AI and blockchain. Users are rewarded in GMRX tokens for contributing to computing power, creating a transparent and secure system facilitated by blockchain technology.

The demand for computing power is growing exponentially, outpacing processor performance improvements. This situation is exacerbated by increasing IT power consumption from new technologies. Data centers alone cannot keep up, making distributed computing power from the gaming community a viable solution. With over 1.6 billion PC gamers globally, many using advanced GPUs, Gaimin taps into this resource to create a processor power supply network capable of delivering large-scale decentralized data processing solutions.

Gaming computers have GPUs so powerful that Jensen Huang, President and CEO of Nvidia, stated, “Every gamer has a supercomputer in their PC.” GPUs are optimized for taking huge batches of data and performing the same operation quickly, making them perfect for data processing. It is estimated that 500 million of the 1.6 billion PC gamers utilize advanced GPUs, potentially offering access to over $500 billion of high-powered computer processing hardware. This hardware often sits dormant for more than 20 hours a day or is underutilized even when in use.

Gaimin connects this supply of computational power to the growing demand for data processing, providing an effective solution to the global shortage of computer processing power. This strategy not only addresses the demand for computing power but also allows 1.6 billion PC gamers to monetize their unused computational resources via Gaimin.cloud services.

Source: gaimin.cloud

Marketplace

Gaimin’s Marketplace is a core component of the platform, designed to leverage the rewards users earn from their computational contributions. This feature enables users to spend their earnings on various digital and physical items, creating a seamless and engaging ecosystem that extends beyond just gaming.

The Gaimin Marketplace offers a wide range of products and services. Users can purchase Digital Game Assets (DGAs), similar to popular games like Fortnite and APEX Legends. These assets include Gaimin’s own cross-game, interoperable DGAs. The marketplace also supports selling gift cards and branded merchandise, providing users diverse options for spending their earned rewards. This digital and physical goods integration makes the marketplace a versatile and appealing feature for the community.

In addition to direct sales, the Gaimin Marketplace generates revenue from the secondary sales of its DGAs. Digital in-game assets stored as NFTs offer significant revenue potential. According to market research, global in-game asset sales reached approximately $70 billion in 2021. Gaimin’s percentage profit on these items is substantial, highlighting the marketplace’s lucrative potential. This model ensures that users have purchasing power due to the rewards they earn from their contributions to Gaimin.cloud and other monetization mechanisms.

Gaimin’s business model is multifaceted, with revenue streams extending beyond the marketplace. The platform also includes the Gaimin Game Launcher, which positions Gaimin to become the “Steam of Web3.” This launcher provides a gateway for Web2 games to integrate with Web3 functionalities, offering passive purchasing power to users through their computational contributions. The game launcher aims to provide full services to Web3 game creators and studios, similar to the Steam platform, further expanding Gaimin’s ecosystem and revenue potential.

Additionally, Gaimin has a professional esports team, Gaimin Gladiators, which enhances brand visibility and user acquisition. This team competes at a high level, contributing to the overall ecosystem by attracting gamers and enthusiasts to the platform. The esports component also opens up new avenues for monetization through sponsorships, merchandise sales, and event-related revenues.

The Gaimin Marketplace, coupled with the platform’s other features, creates a comprehensive ecosystem that supports a sustainable and socially responsible digital future. By offering users various ways to spend their earned rewards and contributing to the broader gaming community, Gaimin ensures that its platform remains engaging and valuable to its users.

Source: gaimin.io

Gaimin Use Cases

Gaimin’s versatile platform addresses multiple needs within the gaming and computational power sectors, leveraging its unique features to create a comprehensive ecosystem. Here are some key use cases of Gaimin:

• Monetizing Idle Computational Power: Gaimin enables gamers to monetize the unused computational power of their gaming PCs. Through Gaimin.cloud, users can contribute their GPU power to perform data processing tasks such as video rendering and blockchain computations. In return, they earn rewards, providing a passive income stream while their gaming rigs are not in use.
• NFT Marketplace and Digital Game Assets: The Gaimin Marketplace offers users the ability to buy, sell, and trade Digital Game Assets (DGAs). These DGAs, stored as NFTs, include items like in-game assets, gift cards, and branded merchandise. This marketplace allows users to utilize the rewards they’ve earned from Gaimin.cloud, enhancing their gaming experience and providing real-world value.
• Game Launcher and Web3 Integration: Gaimin’s Game Launcher is designed to become the “Steam of Web3,” offering a platform for both Web2 and Web3 games. This launcher provides gamers with a seamless experience while enabling them to earn rewards through passive monetization. For game developers, the launcher offers tools to easily integrate Web3 functionalities into their games, expanding the reach and capabilities of their products.
• Esports and Brand Engagement: Gaimin Gladiators, the platform’s professional esports team, serves as a powerful tool for brand engagement and user acquisition. By competing at a high level in esports tournaments, the team enhances Gaimin’s visibility and attracts a larger audience to the platform.

In conclusion, Gaimin’s innovative platform not only provides value to individual gamers through monetization and enhanced gaming experiences but also supports developers and the broader gaming community by integrating advanced Web3 functionalities and creating new opportunities for engagement and revenue generation.

What is the GMRX Coin?

GMRX is the native cryptocurrency of the Gaimin platform, which is used for transactions and rewards. Its maximum supply is capped at 100 billion units, of which 6.63 billion (6.63%) are already in circulation (June 2024).

GMRX is the native utility token of the Gaimin ecosystem, playing a crucial role in its internal economy. It incentivizes gamers to contribute their computational resources to Gaimin.cloud and can be used to purchase in-game items, NFTs, and other digital assets on the Gaimin marketplace. The GMRX token also powers the Gaimin Gladiators eSports platform, creating a seamless connection between gaming and blockchain technology. As the Gaimin ecosystem expands, the utility of GMRX increases, providing long-term benefits and rewards to gamers through gamification and passive income opportunities.

The GMRX token supports Gaimin’s strategy of a fair and transparent reward system for gamers. The token’s deflationary nature, with built-in staking and burning features, ensures sustainability and stability. 100% of the income from monetization rewards is used to buy back GMRX from the market, maintaining buy pressure and enhancing users’ purchasing power. The tokenomics of GMRX are designed to provide maximum benefits to users, making it a central element in Gaimin’s continued growth and evolving ecosystem.

Gaimin’s platform leverages GMRX to facilitate transactions and interactions, ensuring that users can seamlessly engage with the ecosystem. Whether for acquiring digital assets, participating in eSports, or earning rewards through computational contributions, GMRX is at the core of Gaimin’s offerings. The token’s integration into various aspects of the platform highlights its importance in driving engagement and providing value to users. As Gaimin continues to innovate and expand, GMRX remains a key component in delivering a robust and rewarding experience for its community.

To join Gaimin and start earning rewards, follow these steps:

• Download: Users begin by downloading and installing the GAIMIN platform on their PC. They can create an account using their email or log in with Google.
• Setup your wallet: Participants sign up for a wallet via the Venly platform. Within minutes, they will have a functional wallet integrated with their Gaimin account.
• Play your favorite games: Users keep the platform running in the background while playing games from the Gaimin library or any other games they own.
• Earn rewards: The user’s PC will silently earn rewards and custom-designed in-game assets that can be used anytime.

Gaimin ensures that users earn rewards such as in-game assets by playing their favorite games. They can enjoy triple-A titles on supported GAIMIN servers, with many more games to be added. By getting early access, users can become part of the Gaimin community and enjoy a seamless gaming and rewards experience.

The GMRX token distribution is as follows: 54.5% is allocated for ecosystem development, 21% for contributors, and 13% for private sales. The public sale accounts for 4%, 5% is set aside for the liquidity pool, and 1% for NFT airdrop. Additionally, 1.5% is designated for IDO and CEX listing fees. The contributor unlock schedule post-TGE includes a 3-month cliff with an 18-month linear daily vest for advisors (66%) and a 12-month cliff with a 60-month linear daily vest for the team (15%).

Source: gaimin.io

Gaimin Main Features

Gaimin offers several advanced features designed to elevate the Web3 gaming experience for developers and gamers alike. These features provide innovative tools and platforms to integrate, monetize, and enhance the gaming industry through blockchain technology.

Gaimin’s “GAIMCRAFT” Developer Tools

Gaimin’s GAIMCRAFT developer tools provide a robust base layer for adding Web3 functionalities to existing games. These tools solve several key problems for game developers. The GAIMCRAFT SDK and API allow developers to incorporate blockchain technology, such as NFTs and smart contracts, into their games quickly and easily. Gaimin’s Sandbox allows game studios to test their games with real users and professional esports players, gathering valuable feedback and suggestions for improvement. The Gaimin platform and its user base provide an ideal launchpad for new games, ensuring that developers have access to a ready and enthusiastic audience, enhancing the success of their games.

Source: gaimin.io

Gaimin Gladiators

The Gaimin Gladiators esports organization is a significant part of the Gaimin project, providing brand exposure and credibility in the esports and gaming worlds. With professional teams competing in high-level tournaments, Gaimin Gladiators help establish Gaimin as a leading name in esports. This exposure not only enhances the project’s reputation but also aids in direct user acquisition and engagement. The esports teams’ achievements and large social media following contribute to the project’s growth, creating a dynamic and influential presence in the gaming community. The Gladiators’ competition success further solidifies Gaimin’s position in the esports sector.

Source: gaimin.io

L2

Gaimin is developing a high-performance Layer 2 (L2) blockchain solution in collaboration with Movement Labs and BNB Chain. This L2 solution, designed specifically for gaming, offers a throughput of over 150,000 transactions per second (TPS), significantly reducing latency and operational costs. The gaming-focused L2 integrates seamlessly with Gaimin’s existing infrastructure, providing developers with a scalable and efficient platform for creating Web3 games. By leveraging the computing power of Gaimin.cloud, the L2 solution ensures minimal gas fees and enhances the overall Web3 gaming user experience, addressing key challenges such as scalability and latency in multiplayer environments.

Source: gaimin.io

The Colosseum

The Colosseum is Gaimin’s Web3 fan loyalty membership program for esports fans, offering exclusive features, benefits, and unique experiences. Fans can earn GMRX tokens through activities such as streaming monetization and participation in community events. These tokens provide access to premium content, voting rights on team decisions, and exclusive merchandise. The Colosseum bridges the gap between fans and the esports team, creating a more immersive and engaging experience. It enhances fan loyalty and engagement, contributing to the overall growth and success of the Gaimin Gladiators and the Gaimin ecosystem.

Source: colosseum.gaimingladiators.gg

Gaimin’s comprehensive suite of features and tools offers game developers and gamers an innovative, integrated, and engaging Web3 gaming experience, paving the way for the future of gaming.

Is GMRX a Good Investment?

GMRX is built on an innovative idea—harnessing the computational power of gamers’ PCs to monetize idle resources. This approach has significant potential in providing cost-effective solutions for data processing. However, competition in this sector is intense, with many companies vying for market share. Additionally, the vast token supply of GMRX makes it challenging for the token to achieve a high price. With such a large supply, significant demand is needed to drive up the price, making substantial value appreciation more difficult compared to tokens with a limited supply.

How to Own GMRX?

To own GMRX, you can use the services of a centralized crypto exchange. Start by creating a Gate.io account and get it verified and funded. Then, you are ready to go through the steps to buy GMRX.

News on Gaimin

According to what was reported on the official Gaimin blog in May 2024, Gaimin has achieved significant milestones, including surpassing 400,000 downloads and recording a peak of 15,000 daily active users. The GMRX token’s listing has driven remarkable progress, with new partnerships, collaborations, and plans for a launchpad, fan colosseum, and enterprise cloud solutions. Gaimin Gladiators also gained global exposure by appearing on the Las Vegas Sphere’s digital billboard.

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