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GameCredits – A Crypto OG Building A 100 Year Decentralized Metaverse on Ethereum And Polygon

Bitcoinist by Bitcoinist
4 months ago
in Press releases
15

GameCredits, the pioneers who hold the distinction of introducing a standalone cryptocurrency for gaming by introducing GAME tokens have taken a giant leap. Following the merger with NovaToken and the integration of a new team leadership, GameCredits has made some fast and steady moves towards their ultimate objective to develop a decentralized and community-backed Metaverse capable of sustaining itself for the next 100 years.

GameCredits Has a Cost-Efficient Platform with Lower Gas Fees

GameCredits has been consolidating partnerships and its GAME community for the past 2 years as they work to build a governance model and tools that will support their vision. In that way, developers, the community, and the team behind the project have been working to grow the GameCredits Metaverse together.

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Due to their integration with Ethereum and its second-layer scalability solution Polygon, GameCredits has the potential to easily onboard millions of users on their evolving and active Metaverse. As transactions aren’t settled on the Ethereum mainnet, users can save money in fees and trade their in-game items without having to worry about network congestion.

This makes GameCredits one of the most affordable ecosystems in the GameFi sector as it has addressed a major concern for both gamers and creators. In addition, the platform offers gamers and developers more power via non-fungible tokens (NFTs) and real ownership over the items or currency they acquired on its Metaverse.

Introducing Genesis Worlds, The Multi-Creator Gaming Universe

As an additional layer that will support their vision of a 100-year decentralized RPG Metaverse, GameCredits recently announced Genesis Worlds, a multi-world Metaverse that will let players earn rewards and create the worlds of their dreams. Supported by the $GENESIS token, players will design quests, explore, and earn NFTs by visiting countless worlds such as Nexus, Neo Tokyo, and Treasure Planet, which are the first three worlds launching on January 18th.

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This evolution of GameCredits was created with help of their GAME community, content creators, and game developers. $GENESIS will operate as the governance token that will support, together with the not-for-profit Genesis Foundation, the governance model for the Genesis Worlds platform.

On January 18th, 2022, GameCredits launches Genesis Worlds mining claims NFTs. These mining claims offer utility, including 1 land per mining claim. Additionally, players will be able to access these digital assets that will emit $GENESIS tokens and allow them to have a voice in the project’s development via governance.

About GameCredits

One of the earliest cryptocurrencies in the nascent crypto industry of 2014, GameCredits is a visionary project focused on gaming since its inception. $GAME digital currency was designed to disrupt in-game transactions and enable an alternative for game developers to monetize their content, which included a platform to sell NFT’s.

In 2020, the GameCredits Network merged with the NovaToken platform. As a consequence, GameCredits migrated to Ethereum via the ERC-20 format and prepared to harvest its capabilities to deliver gamers around the world with tools to empower themselves while maintaining the entertainment factor.

Post-merger, to fulfill its objectives, GameCredits integrated an NFT platform and entered a new phase in blockchain-based gaming. Due to the integration with NovaToken and their multi-year development, GameCredits created a suite of tools for both users and developers to transform the gaming experience on a new model supported by the principles of fairness, transparency, and decentralization of the blockchain.

These tools include smart contracts and APIs that supported the GameCredits ecosystem. On the platform, users can access an exchange, a tournament system, a foundry for users to leverage cost-efficient and fast transactions, and a system of rewards that provides many opportunities.

Learn More about GameCredits:

Official Website: https://gamecredits.org/
Whitepaper: https://gamecredits.org/wp-content/uploads/2021/12/GAMECreditsWhitepaper.pdf
Twitter: https://twitter.com/gamecredits
Medium: https://medium.com/@gamecredits
Contact: [email protected]

 

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