GAIMIN is a decentralized platform facilitating an easy transition for game developers to Web3 and offering gamers the chance to earn in-game assets and NFTs.
Blockchain gaming continues to be a major driver in the Web3 space, enjoying a 54% increase in average active users in early 2024. As the gaming ecosystem continues to look for ways to tap into the community-oriented environment of Web3 to explore new economic models, the complexity of tokenomics and the lack of an easy-to-use platform for Web3 game development become apparent.
Blockchain platform by gamers, for gamers
GAIMIN, a decentralized data processing network, recently introduced its Games Launcher platform to simplify game developers’ migration to Web3 while incentivizing the community's engagement.
Gamers can access the platform via PC or mobile apps to play Web3-friendly titles made by GAIMIN or a different developer, earning GMRX tokens —the upcoming token of the GAIMIN ecosystem— or other in-game assets such as nonfungible tokens (NFTs), or as GAIMIN calls them, Digital Gaming Assets (DGAs), as part of their experience. Players will acquire exclusive assets and keep their inventory between the games within the GAIMIN network.
Developers can use the Games Launcher to kickstart their Web3 journey without the hassle of becoming experts on advanced blockchain infrastructure or tokenomics. GAIMIN can provide Web3 elements for games through a library of well-designed development tools, including layer-2 blockchain technology, blockchain wallet functionality, smart contracts and NFT assets.
Web3 transition simplified for game developers
Named Gaimcraft API and SDK, the platform’s tools currently support Unreal Engine — one of the most popular engines with over 7.5 million active developers — with expansion plans to add more engines.
“Integrating Web3 functionality and services enables gamers to benefit from the technology,” GAIMIN CEO Martin Speight said in the initial announcement, adding that:
“For example, retaining their gaming investment from in-game asset purchases, and enhancing their ownership through the ability to rent, sell and auction these assets, controlled through smart contract technology.”
The Web3 layer adds new utilities revolving around the capabilities of blockchain technology to traditional gaming. With Web3 gaming, players get access to tradable in-game assets through NFTs and a native token as the heart of the game’s community-driven economy. Each game gets a listed token, and all the back end Web3 functionality is provided by GAIMIN, allowing developers to focus on gameplay and business strategy.
DePIN for Web3-powered game development
The GAIMIN Games Launcher plays a key role in the expansion of the GAIMINecosystem, which will consist of a layer-2 blockchain on BNB Chain dedicated to gaming and a decentralized physical infrastructure network (DePIN) — the blockchain version of the Internet of Things (IoT).
BREAKING 📢@GaiminIo, @movementlabsxyz and @BNBChain collaborate to create the fastest gaming blockchain in the world.
— GAIMIN (@GaiminIo) February 21, 2024
A Move language based L2 on BSC with 150k TPS, the lowest latency, native gaming and DePIN features, and watched by millions of gamers.
Litepaper link👇🏼 pic.twitter.com/XehAFxWq49
The Gaimin DePIN, called gaimin.cloud, aims to turn gamers into an active stakeholder in software development, enabling PC users to ‘lend’ their computing power — namely their GPU — for demanding software tasks such as 3D rendering or AI processing. Users are rewarded for their participation in GMRX tokens, and GAIMIN returns up to 90% of the job fee to its participants.
GAIMIN’s Games Launcher, as well as its blockchain-based ecosystem, represents a significant leap forward for the gaming industry, harnessing the power of blockchain to create a more inclusive and rewarding environment for gamers and developers alike. Simplifying the transition to a blockchain-powered environment means more people will find their footing in Web3 space, paving the way for new revenue streams for game developers and unique experiences for players.
As blockchain gaming continues to grow, innovative solutions such as GAIMIN’s Games Launcher will continue to lead this exciting new frontier, promising a future where gaming is more accessible, rewarding and interconnected.
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