Hello dear readers! A new article-analysis of a very interesting play to earn project is not long in coming, and all thanks to Fantomstarter!
More recently, I described the problem of the fact that it is now becoming increasingly difficult to find a really worthwhile project in which it would be profitable to invest your efforts, time and money. After getting acquainted with the GAMI project, I realized that you need to go from the opposite and look for the people who are behind the creation of play to earn masterpieces, they will lead you to what you have been looking for for so long.
Don’t quite get my point? It’s okay, I’ll explain now, because we are all here now for this purpose!
GAMI project
The masterpiece that I veiledly described at the beginning — GAMI — is nothing less than a play to earn game development studio.
Surprised? I was too, but then I found out the following: the project team develops games using such technical innovations as NFT, AR and VR.
If NFT doesn’t surprise anyone now, what are these remaining acronyms?
Let’s start with the more familiar — VR — virtual reality, immersion in which is achieved through special devices that provide a sense of real presence and personal control.
But what kind of curiosity is this your AR (augmented reality)?
Augmented reality is the integration of digital information with the real time environment of the user. Augmented reality utilises the existing environment and enhances it with an overlay of distinct virtual features. In addition to this, augmented reality helps in creating a view for the gamers with intense video, graphics and sound by using a device-camera.
For games on smartphones, augmented reality has become an important tool as it enables the gamers to create their own characters, targets and racing terrains. It also enables them to scan their local surroundings so as to invite their neighbors and create a virtual track.
If you, like me, have not yet encountered this kind of technology and think that it will take years to develop this area, and even more time to attract users and investors, then you are mistaken!
The global augmented reality gaming market has reached a value of US$ 4.7 Billion in 2020. Looking forward, the global augmented reality gaming market is to reach a value of US$ 28.60 Billion by 2026.
Already based on this, we can see that the project has chosen the path of development with the help of innovative technologies that are gaining popularity every day. Thus, the project team wants to bite off significant pieces from the NFT, AR, VR and Blockchain pies. Success is simply irreversible!
Missions and goals
For decades, the giants of the gaming industry have been creating games that are completely centralized, where absolutely nothing truly belongs to the player.
Thanks to modern Blockchain and Play to earn technologies, enthusiasts have begun their struggle for a place in the sun and the GAMI team is joining their ranks!
The project team aims to create games where gamers truly own what they collect (pay for) and their favorite game becomes a source of reward for their enjoyment.
Thanks to the aforementioned technologies, the team highlights several areas of development:
- Ownership
- Play to earn
- Governance
- Staking
Let’s briefly analyze each of the directions.
Ownership
GAMI solves ownership problem by adopting the power of NFT technology. All in-game assets will be NFTs allowing gamers to maintain ownership of all their purchases. All NFTs will reside in the personal wallets of gamers and no one other than the wallet holder can access the NFTs.
Play to earn
The team is sure that your enjoyment should have value! You have the freedom to personalize and develop your favorite character and empower him/her with the best skills, weapons & skins (NFTs) to advance you in the game and ensure qualification for the most rewarding battle tournaments.
Governance (or as it is now fashionable to call it — DAO)
Each community member that stakes their GAMI token will have a voice that can be expressed through votes on the future decisions of the platform.
Staking
Up to two percent of the total GAMI tokens will be set aside to reward liquidity providers. They will be able to stake their LP tokens to earn GAMI tokens based on a variable APY.
This new gaming world begins with two epic games.
Last Warriors
A fast-paced close combat fighting game with weapons of your choice using AR. This innovative development allows you to battle against players around the world, enter tournaments and taste victory as you earn and bring glory to your Empire!
Knockout wars
Battle experience on mobile using AR. Battle one on one or team vs team in a fast action fireball frenzy match, earning booty and winning victory for your Empire!
We have sorted out the technologies a little, but if we are considering a cryptocurrency project, then we cannot do without considering the token, tokenomics and other conditions for obtaining it.
GAMI token, tokenomics and more
- Total Supply: 1.5 Billion
- Launch Price: $0.10
- Circulating Supply At Launch: 9,750,000
- Market Cap At Launch: $975,000
- Fix Supply, No Inflation
- Liquidity Locked for 1 Year
- Token Will Be On Multi-Chains But Launch On BSC
The choice of BSC blockchain, which offers cheap and fast transactions, is very encouraging, but it is also a great sign that the door is open for other blockchains in the future.
In this picture, which was taken from the official website, you can see the vesting schedule, this information will help you make certain decisions / predict the movement of the token price.
Many tokens of other projects die / work according to the “Ponzi” pyramid scheme, but the result is always the same — players lose interest, which entails an economic crisis, making it illiquid to stay in it, GAMI — the one and only crypto token for all games that will appear in the future, that is, demand and interest will only grow, and there can be no more tokens than the maximum supply, which makes it extremely promising.
GAMI is the in-game Cryptocurrency that can be traded on a public exchange. The token will be utilized for the following:
- Buying/Selling/Trading NFTs
- Staking
- Governance
- Cosmetics
- Packs
Moreover, the project has a buy-back mechanic, which leads to the burning of tokens, which makes it deflationary!
It all sounds too good, but you are not the type of person to trust everything on the internet? Then your concern is overridden by the fact that Liquidity, Team and other vested tokens will be locked in a smart contract via Team.Finance (biggest and most trusted third party provider for projects), ensuring transparency and trust for the community.
The success of the project promises not only thoughtful mechanics and professionals in the team, but also an already formed community, namely:
- over 100,000 followers across different socials
- with over 500,000 app downloads
Summing up all of the above, I have identified for myself a few points thanks to which I am ready to invest in this project not only my money, but also the most precious thing we have — time! An original idea with products under development, directions for the development of the project that are close to my interests, the security and trust that the team inspires through certain actions, a great economic component with many use cases of the token — this is exactly what should lead this project to success.
