Video gaming industry has grown seven fold over the years, and it continues to surge higher and higher. Every year, there are new games being launched in PC, and millions of gaming enthusiasts can't stop themselves to play them along with their friends.
Popular games like Defense of the Ancients 2 (DOTA 2), League of Legends (LOL), Counter-Strike Global Offensive (CSGO), SMITE and the rest are gaining traction to the international gaming market through the years, and continues to develop and improve the gaming experience to all of the hardcore gamers out there.
To be honest, I'm a hardcore gamer. I love to play games during my spare time, especially those games that are hot in the PC market right now. I was looking for something that could benefit a lot of developers and players in the future.
The problem of developers and investors in today's generation
Before I'm introduced to cryptocurrency, I was already looking at some of the projects that are developed in various crowdfunding sites. The problem for the investors is that it is difficult for them to choose a game that they would fund for the game developers to continue with their project. Connection between the developers and investors are quite difficult nowadays. As a result, investors are having a hard to decide if they want to invest in that game or not.
Another problem is that when it comes to these games funded through crowdfunding sites, you need some kind of high expertise in the gaming industry. Apart from that, cryptocurrency was not an option for developing these games because they cannot get money on the early stages of project development.
With the recent surge of initial coin offerings (ICOs), crowdfunding has taken a major shift for game developers and backers to raise funds for creating unique and innovative games in PC and other platforms.
Without further ado, I would like to review about a promising cryptocurrency project known as #GameMachine.
What is GameMachine and how it can be a game-changer to this industry?
GameMachine is a revolutionized blockchain platform that focuses on investing in the industry of gaming. It is meant for developers, investors and players who want to make a difference in this industry with the power of the disruptive blockchain technology. Here's how it works.
* Various investors worldwide are going to participate in this project's ICO and buys token from developers.
* After that, GameMachine investors are going to sell their tokens to the gamers.
* Gaming enthusiasts are going to use the tokens they've bought or generated from the mining app to pay for a game of their choosing after it was released.
Not only that, there are some benefits that you can get as an investor, developer or gamer.
* For developers, it allows them to connect easily to the gaming community. Connecting between developers, investors and gamers are essential to make their project successful.
* For investors, it is easy for them to choose a game to fund. Not only that, it doesn't require high expertise because of the detailed analytics being shown in that project and is available for crypto investors.
* For gamers, they can fund to some games through the tokens mined from their mining app. They don't need to cash out fiat money from their pocket, bank account, credit card or payment processors such as Paypal. They can mine as much cryptocurrencies as they want to buy in-game items and fund upcoming projects from game developers.
Here are some features that I want to point out that is attractive and appealing to the eyes of the gaming developers and enthusiasts worldwide:
1 - GameMachine mining app for gamers
With their state-of-the-art client, it gives you the chance to get in-game items, gold and skins for free. However, in order for the client to work, your computer needs to have at least Windows 7 and above. Once you've successfully downloaded and installed the GameMachine client, you can now start earning cryptocurrencies on your computer. So far, there are only 8 games that are integrated, but others will just follow suit.
The good thing about the GameMachine client is that you can mine cryptocurrencies and play games at the same time because it only used the CPU and graphics card for data processing. In that way, you may have no problem buying in-game items from the cryptocurrency being generated by your client instead of fiat currency.
For me, I think you have the edge if your PC or laptop is suitable for hardcore gaming. I believe that gaming PCs and laptops have the edge when it comes to mining cryptocurrencies and playing games at the same time.
2 - GameMachine developer app
Although that it is still on the works, I honestly think that this shows a lot of promise for the game developers. The main purpose of the GameMachine developer app is for them to create tokens and providing initial coin offerings to the gaming community.
Right now, the GameMachine developer app is still in progress and may launch within this year. In this way, it will be easy for them to raise funds from the gaming community with its app alone.
3 - GameMachine for investors
Lastly, this platform for investors would make it easy for them to see the analytics of the entire project. Not only that, they can see a lot of information regarding the gamers interest and they can invest in just one click.
Just like developers, this one is still a work in progress and may launch this year. How cool is that for gaming investors.
About their ICO
The GameMachine ICO is running under the Ethereum Smart Contract (ERC20). If you want to participate in their crowdsale, you have until January 31 to register and deposit your funds. Speaking of depositing funds, they're currently accepting BTC, ETH, LTC, DASH, XRP, BCH and credit card payments.
You can get 2,500 GameMachine tokens (GMiT) for 1 ETH without bonus. During the crowdsale period, you can get 15% (1st week), 10% (2nd week) and 5% (3rd week) bonus on top of the number of tokens you bought respectively. They can create up to 140 million GMiT, but the remaining tokens that aren't sold will be burned for good. They will distribute the tokens after the crowdsale.
Here's how they'll distribute for business and tokens:
For business distribution, it's quite simple. 50% goes to the project development, 35% for marketing and press release, 10% for legal maintenance and 5% for operating expenses of the project.
As for the token distribution, 71.4% goes to the crowdsale participants, 14.2% goes to the token storage for withdrawals of starting in-game items, 7.1% for the team, 4.2% for the referral program, 1.4% for the advisors and 1.4% for the bounty program.
As for the exchanges, it was confirmed that GameMachine tokens will be listed on Etherdelta and YoBit. Others will follow suit, but I hope they'll be listed in big exchanges such as Binance, Okex, Cryptopia, HitBTC and so on.
My personal thoughts on GameMachine
To be honest, I like the overall concept of the project. The entire development team is doing a great job in putting up this wonderful and amazing project in the world of gaming industry. Now that they've almost reached hard cap which is 100 million GMiT (equivalent to $3 million), I'm highly impressed and this cannot be underestimated. I believe that GameMachine will be one of the biggest and hottest ICOs of 2018, and their future is bright.
Taras Dovgal (CEO) is doing well along with Alex Isaev (COO), and Ekaterina Kulakova (CTO) who are making a difference in this project. Due to their passion and experience in the world of gaming, they think that GameMachine is something that the developers, investors and gamers like me are looking for these days. You guys rock!
I like to buy a lot of in-game items in my favorite games such as DOTA 2 and CSGO, so therefore this client alone can give us a head start to enjoy playing and mining cryptocurrencies at the same time. I'm looking forward to be a part of this huge project and there's no doubt that it's going to be successful today and in many years to come.
To your future success, GameMachine!
Official website: https://www.gamemachine.io/
Whitepaper: https://www.gamemachine.io/en/token-sale/whitepaper
My Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=254229