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GAIMIN: In-depth Review

Imagine playing a fast-paced action game that’s suffering from lag and glitches. You could get disconnected at different points and become frustrated with the game.  This is caused by the slow speed of the validation process and a lack of GPU juice.

Games need to be built on a solid infrastructure with a fast processing speed to ensure a seamless gameplay experience with no lags or delays in processing transactions. It is one of the reasons many game developers are skeptical about incorporating Web3 technology in their games. According to Stratis and Insight agency Opinions survey on game developers in the UK and US;

Only 23% of the 62% of game developers in the space have launched a Web3 game. And 32% of the surveyed participants aren’t ready to incorporate Web3 tech into their game. 

The international survey of game developers conducted by Coda Labs and Raptor PR spanning through the UK, US, and Turkey revealed that 32% of the 154 participants labeled web3 gaming as a fad. That’s because Web3 games often require significant GPU power to handle complex blockchain transactions and maintain high-quality graphics, leading to performance issues like lag and glitches.

This high demand for GPUs stands as a limit that deters developers from adopting Web3 technology into game development. As it may compromise the seamless gameplay experience that players expect. But Gaimin is changing all that narrative with their L2 blockchain, which processes a staggering 150k TPS. And it is on track to become the world’s fastest gaming blockchain through its partnerships with BNB Chain and MOVEMENT.

Gaimin is a gaming infrastructure that aims to create a processor power supply network adept at delivering large-scale decentralized data processing solutions. 

The source of this enormous data processing power is harnessed from the 1.6 billion-strong worldwide PC gaming community. It is an untapped supply of computing power. Gaimin, with the technology to harness all this computing power. Has not only built the world’s biggest source of decentralized GPUs, that is, powering AI tech, and fueled by 500k+ gamers. 

They are also creating a functional platform for gamers to enjoy their favorite games and earn passively in the process—based on their GPU contribution. In this article, we will explore the various aspects of the GAIMIN project and, most importantly, how GAIMIN is solving the issue of computing lags in games.

How Gaimin is Changing Web3 Gaming

For web3 games to be engaging and truly immersive, which is the key component of games. There has to be fast processing of transactional gameplay data with no lag or delay. Transactions also have to be validated immediately with little cost. The gameplay has to be processed with no lags. And these are areas in the Web3 gaming space that aren’t up to par yet.

Well, not until GAIMIN. GAIMIN offers a range of services that eliminate these entry barriers for Web3 developers. With plans to be the “Amazon of Web3 gaming,” just like Martin Speight, CEO of GAIMIN, said.

With their long list of partners like CoinMarketCap, BNB Chan, Chainlink, Fireblocks, and nxgen. Coupled with their high-end services, GAIMIN’s vision is starting to come alive. Their blockchain solution layer has already improved transaction speed. From 4k Transactions Per Second (TPS) to 150k+ TPS. That’s almost a 40X increase in the speed at which transactions are processed.

Martin Speight, CEO of GAIMIN, while talking about GAIMIN’s strategy to dominate the industry, said:

With a ready-made blockchain, in-game economy, gaming ecosystem, onboarding process, and interoperable digital asset utilization, combined with a ready-made monetization approach to earn whilst they play, GAIMIN will be the “go-to” Web3 infrastructure, service, and technology provider for the next evolution of the gaming industry.

GAIMIN

GAIMIN has built an ecosystem that secures its spot at the forefront of the gaming evolution by leveraging innovative services centered around these 5 areas:

GAIMIN’s Gaming Platform and Game Launcher.

The GAIMIN platform is simply accessed by installing the application on your PC. That’s all it takes to be plugged into its ecosystem; although it’s an MVP, it gives users full access to games in the web2 and web3 spaces.

It leverages the same framework used by top companies like WhatsApp, Spotify, Discord, Microsoft Teams, and Slack. The Electron Programming Framework—to give room for scalability and cross-platform capabilities.

GAIMIN’S Game Launcher enables publishers and developers to add their games (web3 or web2) to the GAIMIN application. And get access to their 60K monthly active users. Gamin also offers a fully integrated marketplace, making in-game assets and customizable skins available to all users. They can easily sell, rent, or trade any item gained from gaming titles.

Content creators can also connect, engage, and build a gaming community on GAIMIN’s platform. And get rewarded for participation and onboarding users into the platform.

The GMRX Token

The GMRX token serves as the cornerstone of the GAIMIN ecosystem. Acting as the native currency that fuels the platform’s internal economy. This token is integral to the functioning and sustainability of the entire GAIMIN network.

Key Functions and Uses

  1. Rewards System: Users earn GMRX tokens as rewards for their participation and contributions within the ecosystem. This includes activities such as gaming, content creation, and other forms of engagement.
  2. Marketplace Transactions: All assets available on the GAIMIN marketplace are valued and transacted using GMRX tokens. This includes in-game items, digital collectibles, and other virtual goods.
  3. Staking and Governance: GMRX tokens can be staked by users to earn additional rewards and participate in the governance of the platform. Token holders have the power to vote on key decisions and proposals, influencing the future direction of GAIMIN.

Tokenomics

  1. Total Supply: The total supply of GMRX tokens is capped at 100 billion. This finite supply ensures scarcity and potential value appreciation over time.
  2. Deflationary Token: To maintain constant buy pressure and support the token’s value, 100% of the income generated from users’ monetization rewards is used to purchase GMRX tokens from the market. This mechanism helps to create a sustainable demand for the token.
  3. Distribution and Allocation: The distribution of GMRX tokens is designed to incentivize early adopters, reward active participants, and ensure the long-term growth of the ecosystem. Specific allocations are made for development, marketing, partnerships, and community rewards.

The GMRX token plays a pivotal role in the expansion of the GAIMIN ecosystem. As the platform grows and attracts more users, the demand for GMRX tokens is expected to increase. Potentially driving up its value. 

Also, the integration of new features and partnerships will further enhance the utility and adoption of the token.

GAIMIN’s “GAIMCRAFT” Developer Tools.

GAIMIN provides tools to help game developers easily create Web3 gaming experiences. 

These tools are powered by their decentralized data platform, which includes APIs and SDKs for smooth integration into different game engines. The API ensures developers can add blockchain technology to their games, create NFTs, connect players’ information through digital wallets, and build their in-game economy smoothly.

The SDK, on the other hand, is a toolkit for developers that helps them seamlessly integrate the GAIMCRAFT API into their games. Also, GAIMIN’s Sandbox tool is a testing ground for game developers. It allows them to try out their games with real users, including professional esports players, before the official launch.

This helps developers gather valuable feedback and improve their game based on real-world experiences. It’s also a great way to build excitement and a player community before release.

GAIMIN’s Data Processing Cloud. 

Many game enthusiasts have spent thousands of dollars to get a high-performance gaming PC. 

But what happens when they are not gaming? The GPU remains switched on, just wasting away. If you’re a gamer, you will instantly relate to how true this is, especially towards your GPU.  Research reveals that the GPU in a gaming PC has a maximum use of 20% per day when gaming. And in a world of over 1.6 million gaming PCs, that sums up to $500 billion worth of GPU processing power staying idle.

GAIMIN presents users with the opportunity to earn passively by contributing the processing power of their gaming PC to the delivery of their L2 blockchain processing services. To run at 150 TPS means that a global DePIN on a massive scale is needed to process and validate transactions, and GAIMIN has provided that through its GAIMIN Cloud DePIN.

The DePIN solution leverages the computational power of GAIMIN users to power AI, rendering, and blockchain computations.

By contributing to it, gamers can earn GMRX coins with a gaming PC with at least a 4 Gigabyte graphics card. GAIMIN already boasts of $500K earned by users from sharing their GPU. This shows gamers are aware of the waste from their GPUs being idle.

Gaimin Gladiators—GAIMIN’s Professional Esports Organization.

The Gaimin Gladiators is a vital part of the GAIMIN project and a major contributor to the exposure of the brand, as seen in its 400K downloads and web3 wallets created. They are the face of GAIMIN and have helped build credibility and trust in the esports and gaming world by completing several high-level tournaments across different genres in their first year.

Their 5 billion+ impressions also brought significant brand awareness to the sponsors of the team: Kaiyun, Stoneforged Technology, and Venly.

With GAIMIN, No Gamer is Left Behind

By allowing gamers to participate, they become much more infused into the GAIMIN ecosystem and are a relevant player in shaping the broader web3 gaming ecosystem.

It´s just like Martin (GAIMIN´S CEO) said,: “allowing their PCs to participate in gaimin.cloud, gamers will now be pivotal in the transformation of their industry.”

With GAIMIN, developers can build more quality games that provide gamers with a seamless immersive experience and more value through the interoperability of the platform.

There is no doubt that GAIMIN is at the forefront of the Web3 evolution in gaming and is perfectly positioned to benefit from the growing adoption of this exciting new technology. It looks set to be one of the main gateways to mass Web3 adoption.