Gamestarter

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Discover Gamestarter's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Gamestarter?

Gamestarter (GAME) is a BEP-20 token that serves as the foundational currency for the Gamestarter ecosystem. It enables holders to stake and earn rewards, providing exclusive access to benefits such as privileged entry to launch events, opportunities to engage with indie games, and participation in the NFT marketplace. The token supports a blockchain-based platform that helps independent game developers raise funds by selling and pre-selling in-game assets as NFTs, while also offering a marketplace for trading digital assets from successfully launched games.

How is Gamestarter used?

The Gamestarter (GAME) token serves as the foundational currency for the Gamestarter ecosystem. It is a BEP-20 token that enables holders to stake and earn rewards. The token is used for various purposes within the platform, including:

  • Staking: Holders can stake GAME tokens to earn rewards and gain access to different levels, which provide varying allocation sizes for participating in Initial Game Offerings (IGOs) and other benefits within the ecosystem.
  • IGOs: GAME tokens are used to participate in IGOs, which involve a registration, sales, and FCFS (first-come, first-served) phase. Users must register for each IGO and can buy allocations based on their staking level.
  • Node Validation: GAME token holders can become node validators, which allows them to participate in the validation process and earn rewards.
  • NFT Marketplace: The token is used for transactions within the integrated NFT marketplace, GameStore, where users can buy and sell in-game assets.
  • GameChain: GAME tokens are used for transactions on GameChain, a gaming-focused Layer 1 blockchain that simplifies the integration of blockchain features into games.

Overall, the GAME token is central to the Gamestarter ecosystem, providing users with various benefits and opportunities for engagement and rewards.

How do I store Gamestarter?

To store Gamestarter (GAME) tokens, you have several options:

  1. Exchanges' Wallets: You can store your GAME tokens on the wallets provided by exchanges such as Binance Wallet.

  2. Crypto Wallets: You can use crypto wallets like Trust Wallet, which offer more control over your assets.

  3. Cold Wallets: For long-term storage, consider using cold wallets, which are offline and more secure than hot wallets.

  1. Self-Custody Wallets: You can also use self-custody wallets like Metamask, which allow you to manage your tokens directly on the blockchain.

Remember to always follow best practices for wallet security and keep your private keys safe to protect your GAME tokens.

How to buy Gamestarter?

To buy Gamestarter (GAME) tokens, you can follow these steps:

Buying from Centralized Exchanges (CEX)
  1. Register and Verify:

    • Create an account on a CEX that supports Gamestarter (GAME) trading, such as Binance.
    • Verify your identity and secure your account with two-step verification.
  2. Buy Fiat Currency:

    • Use fiat to purchase USDT, ETH, or BNB through the CEX or financial services like PayPal or Robinhood (for US residents).
  3. Transfer Fiat Currency:

  • Transfer the purchased USDT, ETH, or BNB to the CEX that supports Gamestarter (GAME) trading.
  1. Buy Gamestarter (GAME):
    • Use the transferred currency to buy Gamestarter (GAME) in the spot market.
Buying from Decentralized Exchanges (DEX)
  1. Choose a DEX:

    • Select a DEX that supports Gamestarter (GAME) trading, such as Uniswap or PancakeSwap.
  2. Set Up a Wallet:

    • Download and install a Web3 crypto wallet like Metamask or an App wallet like Trust Wallet.
    • Create and set up a new wallet.
  3. Transfer Mainnet Cryptocurrency:

  • Transfer ETH, BNB, or other mainnet cryptocurrencies to your wallet address.
  1. Connect to DEX:

    • Connect your wallet to the DEX by clicking "Connect Wallet" and following the instructions.
  2. Swap for Gamestarter (GAME):

    • Find the "Swap" option on the DEX and choose the token you want to trade from the "From" section and Gamestarter (GAME) in the "To" section.
    • Enter the amount and confirm the swap.
  3. Confirm Transaction:

  • Your wallet will ask you to confirm the action. Once confirmed, you can see your transaction details on the block explorer.

Remember to be cautious of fake tokens on DEX and ensure you are using the correct contract address for Gamestarter (GAME).

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History of Gamestarter

Gamestarter, a blockchain-based platform, was launched in 2021 to support independent game developers by providing innovative tools and a supportive ecosystem. The platform helps developers raise funds by selling and pre-selling in-game assets, including unique ones, in the form of non-fungible tokens (NFTs). This allows developers to retain full equity and intellectual property while accessing funding opportunities.

Gamestarter's ecosystem is supported by its native token, 'GAME Coin' (GAME), which is used to buy and sell NFTs during the crowdfunding stage and in the marketplace. The platform also offers a marketplace to trade digital assets from successfully launched games, giving NFT owners agency and the ability to sell and realize real-world value from their holdings.

In addition to its fundraising and marketplace features, Gamestarter offers a community and sharing ecosystem, allowing digital creators to build direct relationships with buyers. The platform includes referral programs that reward users for bringing new users and promoting NFTs sold on the marketplace.

Gamestarter has achieved significant milestones, including the launch of over 50 projects and raising over $23 million since its inception. The platform has partnered with major industry players, including Avalanche, to introduce GameChain, a gaming-focused Layer 1 blockchain designed to provide a secure, transparent, and efficient environment for gaming transactions. This development marks a significant advancement in Gamestarter's commitment to cultivating an ecosystem where developers, players, and investors can unite and thrive.

Gamestarter continues to expand its infrastructure, offering a robust stream of content and innovative features such as GameScan, which detects and shuts down cheating attempts in games, ensuring fair play. The platform remains focused on delivering high-quality gaming experiences to the Web3 industry.

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How Gamestarter works

Gamestarter (GAME) is a blockchain-based platform designed to facilitate the growth of the gaming industry by providing a comprehensive ecosystem for game developers, players, and investors. Here's a detailed overview of how it works:

Key Components
  1. Launchpad and NFT Marketplace: Gamestarter offers a multichain launchpad and NFT marketplace where game developers can raise funds by selling and pre-selling in-game assets or points as non-fungible tokens (NFTs). This platform allows developers to access a large market of gamers and investors, providing a new revenue stream for both parties.

  2. Game Development Studio: Gamestarter has an in-house game development studio, GGXYZ, which focuses on creating high-quality blockchain games. This studio helps to drive innovation and adoption within the GameFi ecosystem.

  3. Gaming News Hub: The platform includes a gaming news hub, providing a central location for gamers and developers to stay updated on the latest trends and developments in the blockchain gaming space.

Functionality
  1. Funding Opportunities: Gamestarter provides developers with advantageous funding opportunities by allowing them to sell and pre-sell in-game assets as NFTs. This model introduces new revenue streams for both developers and gamers.

  2. Token-Based Economy: The platform operates on a token-based economy, which powers referral bonuses, digital goods, reward programs, and more. This economy incentivizes participation and engagement within the ecosystem.

  3. Staking and IGOs: Gamestarter offers staking options with varying lock periods and annual percentage rate (APR) rewards. Users can participate in Initial Game Offerings (IGOs) by registering and staking their $GAME tokens, which grants them access to different allocation sizes based on their staking level.

  1. Liquidity Provision: Users can provide liquidity using Pancake LP Tokens and participate in Gamestarter IGOs, further enhancing the ecosystem's liquidity and accessibility.
Benefits
  1. New Revenue Streams: Gamestarter introduces new revenue streams for both developers and gamers by allowing them to earn cryptocurrency and NFTs through gameplay and participation in the ecosystem.

  2. Community Engagement: The platform fosters a community-driven environment where gamers and developers can interact, share knowledge, and collaborate on projects.

  3. Security and Transparency: By leveraging blockchain technology, Gamestarter ensures transparency and security in all transactions and interactions within the ecosystem.

Risks and Considerations
  1. Timely Token Releases: The timely release of project tokens is crucial to protect the community from potential pump and dump activities.

  2. Regulatory Compliance: Gamestarter must comply with regulations and laws in various countries, which may restrict participation from certain regions.

Conclusion

Gamestarter (GAME) is a comprehensive platform that combines a launchpad, NFT marketplace, game development studio, and gaming news hub to create a thriving ecosystem for blockchain gaming. By providing funding opportunities, new revenue streams, and a token-based economy, Gamestarter aims to drive the growth of the gaming industry and promote mainstream adoption of blockchain technology.

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Gamestarter's strengths

The token Gamestarter (GAME) has several strengths that contribute to its value and utility within the Gamestarter ecosystem:

  1. Native Token: GAME is the native token of the Gamestarter platform, which supports the entire ecosystem. It is used for buying and selling NFTs during the crowdfunding stage and in the marketplace, ensuring a robust and integrated system.

  2. Staking and Rewards: Holders of GAME tokens can stake them to earn rewards, providing an incentive for users to participate in the ecosystem and support its growth.

  3. Exclusive Benefits: GAME token holders enjoy exclusive access to various benefits, including privileged entry to launch events, opportunities to engage with indie games, and participation in the NFT marketplace.

  1. Unified Wallet Management: The platform offers a unified wallet management system, allowing users to own in-game assets, participate in social quests, receive airdrops, and access exclusive community offers.

  2. Node Validation: GAME token holders can become node validators, further enriching their involvement in the ecosystem and contributing to its decentralized nature.

  3. Anti-Cheat Services: GAME tokens are used to access GameScanAI services, ensuring affordability and customization of anti-cheat measures for games.

  1. Marketplace and Launchpad: The token is integral to the Gamestarter marketplace and launchpad, where developers can raise funds by selling NFTs and in-game assets, and users can buy and trade these digital goods.

These strengths collectively create a robust and engaging ecosystem that supports the growth of Gamestarter and its users.

Gamestarter's risks

Gamestarter (GAME) is a cryptocurrency project that operates in the blockchain gaming sector. It is a multichain launchpad and NFT marketplace focused on building high-quality blockchain games. The project also includes an in-house game studio and an accelerator that acts as an investor and advisor to promising games.

Financial Risks

Gamestarter faces several financial risks, primarily due to its involvement in the blockchain gaming sector. These risks include:

  • Market Volatility: The cryptocurrency market is known for its high volatility, which can lead to significant price fluctuations. This volatility can impact the value of GAME tokens and the overall financial stability of the project.

  • Scams and Fraudulent Projects: The blockchain gaming sector has seen a surge in fraudulent projects, known as "rug pulls," which can pose a significant threat to investors. Gamestarter's rigorous process of researching and evaluating projects helps mitigate this risk, but it is still a concern.

  • Regulatory Uncertainty: The regulatory environment for blockchain gaming and cryptocurrencies is still evolving and can be unclear. This uncertainty can lead to potential legal and financial risks for Gamestarter and its investors.

  • Security Risks: As with any cryptocurrency project, Gamestarter is vulnerable to security risks such as hacking and unauthorized transactions. The project must maintain robust security measures to protect its assets and user data.

  • Competition: The blockchain gaming sector is rapidly growing, and Gamestarter faces competition from other projects. The project must continuously innovate and improve its offerings to stay competitive and attract investors.

  • Liquidity Risks: Gamestarter's liquidity can be affected by market conditions, regulatory changes, and other factors. This can impact the project's ability to maintain a stable financial position.

  • Dependence on Gaming Industry Trends: Gamestarter's success is closely tied to the trends and popularity of blockchain gaming. If the sector experiences a downturn, Gamestarter's financial performance may suffer.

These financial risks highlight the importance of thorough research and due diligence for investors considering Gamestarter (GAME) as an investment opportunity.

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Did Gamestarter raise funds?

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Gamestarter’s team

  • The team behind Gamestarter includes Cristian (Listing Manager), Victor (Head of Community), Stefan (Marketing Manager), Lina (Product Owner), and Saule (Lead Designer).

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