Cryptocurrency GameCredits

What does the company/project do?

GameCredits is a useful universal currency and virtual wallet that can be used by 2.6 billion players worldwide.
The developers of GameCredits realized that 1 out of every 3 people play video games, which is worth 100 billion dollars. To make transactions between developers and gamers easier and faster, they created GameCredits. The currency and virtual wallet make it safe, fast and private to buy or sell games as well as various game items. Compared to credit cards and other traditional methods of conducting these transactions, GameCredits makes the process seamless, protecting all information and money.

GameCredits: cryptocurrency to ruble rates

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Estimate!

6.12

10010

Peculiarities

• How does GameCredits prevent cheating? When developing GameCredits, the developers believed that 50 to 99 percent of virtual goods purchases were rated as fraudulent. Since GameCredits is blockchain-based, all transactions are permanent and there is absolutely no chance of fraud. This is good news for game developers who won't lose the money they should be making. At the same time, it helps gamers by not having to play against cheaters who have fraudulently purchased bonuses and other in-game enhancements that give them an unfair advantage.
• How does GameCredits help developers? While there are some overlaps in terms of benefits for developers and gamers, it makes sense to look at them separately. Developers will receive their payments faster, providing financial security. There are also unlimited deposits, so there is no limit to your earning potential. The fees charged by GameCredits Inc. are also extremely low. While Apple and Google Play account for 30 percent of its profits, GameCredits Inc. takes a third more, leaving you with 90 percent. Of course, there is also no worry about fraudulent transactions. Everything is recorded on the blockchain, providing security and preventing these fraudulent purchases. Big Data technology, part of GameCredits Inc., ensures scalability. The technology can handle tens of millions of users simultaneously; it doesn't limit your growth. Games that use the GameCredits Inc. gateway may also cross-promote other games.
• How does GameCredits help gamers? Higher deposit limits help developers increase their income, but they also allow players to spend as much as they want. Many feel frustrated by the restrictions set by other platforms, but you can deposit as much money as you want into your GameCredits wallet without worries. The best thing is that when you earn credits by playing one game, they are stored in the GameCredits wallet and you can use them in any other game. All your transactions are anonymous in the security of the chain, so there are no concerns about privacy. You'll also find all your purchases instantly, without having to pause your game. If you start using GameCredits early, you'll make a smart investment and gain more purchasing power later. This is due to the limited supply of GameCredits. So, as more developers and gamers adopt it, the demand increases and so does the cost. With GameCredits, gamers can also participate in various e-sports competitions from home, regardless of whether they are elite gamers.

Gamecredits

Gamecredits (game) is a blockchain-based digital currency. Its goal is to become a universal currency for the 2.6 billion gamers worldwide and empower game developers, both large and small, to further grow the gaming industry to $100 billion and accelerate the widespread adoption of decentralized cryptocurrencies as a better alternative to issued ones. government of fiat currencies.

Speed, privacy and security are just a few of the many benefits Gamecredits offers both gamers and developers.

Rate as of 08/14/2020

• Rate:
  0.066569 USD
• Symbol:
  GAME
• Rating (CMC):
  604

For developers

• High data processing speeds. Own payment system Gamecredits inc. built on big data technologies using hbase and hadoop. She has extremely high speed.
• Scalability. Proprietary big data technology allows you to cope with tens of millions of users simultaneously. You can scale up without any problems.
• Improved fraud protection. The company offers advanced fraud protection and data analytics equivalent to today's bank-grade enterprise payment processing solutions.
• Blockchain security. Transactions are carried out through our blockchain wallet solution, so everything can be verified.
• Bypass fees. Google play and Apple take 30%. Mobile platform and Gamecredits store – 10%.
• Receive payments faster. No 60-day payment periods. With Gamecredits you can receive payments in 60 hours.
• Higher deposit limits. Deposit limits limit the potential income of developers. Gamecredits removes this barrier by allowing you to make deposits without restrictions.
• No chargebacks or fraud. Focus on game development without worrying about fraudulent transactions thanks to the blockchain's immutable ledger.
• Joint promotion. All games using the Gamecredits inc. payment system have the opportunity to benefit from co-promotion with other games.

Gamers

• Smooth and easy integration. Coordinated in-game payments. No interruptions in credit card numbers. Stay immersed.
• Higher deposit limits. There are no restrictions on deposit amounts. You can deposit as much as you want into your Gamecredits wallet.
• More deposit options. The payment system provides a variety of deposit options, including Gamecredits.
• Purchasing power. Players will be encouraged to use Gamecredits (game) to purchase in-game items, and thus receive greater value from their purchases.
• Increase in cost. The value of Gamecredits will increase as more gamers and developers use it. Boats rise with the tide. Early adopters will have greater purchasing power.
• Portability. With the Gamecredits wallet, credits earned in one game can be used in another, effectively combining everything into one big game.
• A safe place to keep your money. Thanks to blockchain technology, in-game purchases are protected from theft, fraud and other security breaches.
• Anonymous sending of money. Keep your personal life private. Gamecredits allows you to enjoy gaming content instead of worrying about privacy.
• Esports for all professional levels. Take part in cyber competitions from the comfort of your home, even if you are not an elite player. Fast matches and fast payouts.

A brief history of the development of the gaming industry

Soon Gamecredits will intervene in half a century of development in the gaming industry.

Among the advantages of the resource are:

• Work stability . Although the presented cryptocurrency did not gain fame among the leading altcoins, it was able to attract a considerable number of loyal supporters who were ready to mine it.
• Sustainability . The site has a high degree of protection. Despite the numerous attacks to which the resource is subjected, it continues to function. This is a clear example of the level of reliability of transactions made on the service.
• Cross-platform. Digital currency supports various operating systems and platforms.
• Immutability . GameCredits adheres to the principles of decentralization and free market. Significant changes can only be introduced after the approval of the entire community. Any external influence is suppressed.
• Speed ​​of operations . Now payments take just minutes.
• Good liquidity indicators . Of course, the coin will not be able to compete with such a titanium as Bitcoin, but it is quite capable of attracting the interest of potential investors. It should be remembered that liquidity refers to one of the main characteristics of the position of an asset on the market.

However, there are certain disadvantages

Unforeseen changes in the exchange rate of a digital currency may negatively affect the income from its mining. There is always a risk of losing your financial investment. Even the most technologically advanced and advanced protection is not able to completely protect against hacking. In addition, access to the wallet will be lost if the user simply forgets the password.

The insecurity of electronic money makes it difficult to accurately predict it in cryptographic asset markets. The main disadvantage of the site is the method of currency mining, since effective mining requires very productive equipment. Accordingly, expenses for purchasing new equipment and paying for electricity increase. But it is impossible to predict whether the investment will pay off.

What other products does GameCredits offer?

GNation is a community for those who play games and those who develop them. This community allows two groups to work together to ensure the best possible experience from all games.

GNation provides GPlay, which is a game store. The developers earn 90% of the payout on every sale, which is more than you get from any other game store. From a gamer's perspective, GPlay allows you to enjoy amazing gaming content and titles.

Game.GG is coming soon and will bring competitive electronic sports to everyone who wants to participate. Weekend warriors can put their skills to the test, and gaming elites can show off their talents. There will always be quick matches as well as quick payouts.

GExchange will become the official exchange office for the GNation community. Here users will trade GameCredits for cryptocurrencies or Fiat currencies. GShare is also coming soon and will be a GNation charity dedicated to helping those in need.

Conclusions and forecast for 2018-2019

GameCredits are rightfully considered the first gaming currency and the team has ambitious plans. According to statistics, today every third person on the planet plays games. This market is estimated at $100 billion, and by 2021 it will exceed $130 billion.

Therefore, if the developers manage to implement all their plans, the most promising prospects for the coin will open up. Currently, the products are gradually being developed; the team reports weekly on their progress on their blog.