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Gaimin – Decentralized GPUs: Project Breakdown

Tekk by Tekk
December 29, 2023
in Project Breakdown
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Overview

  • Gaimin is a Web3 gaming infrastructure initiative utilizing gamers’ underutilized GPU processing power.
  • It offers a decentralized data processing solution, potentially disrupting gaming and cloud computing.
  • The AI Engine allocates devices to profitable jobs, tapping into 1.3 billion gaming PCs.
  • GMRX, the Gaimin token, is EOS-based and used for gaming enhancements, digital asset purchases, and participation in staking and burning.
  • Gaimin provides true game asset ownership and passive rewards for gamers.
  • The platform is recognized for leveraging global gaming community resources and ranks highly on DappRadar.

Use Case

  • Gaimin’s use case involves aggregating underutilized gaming computer power into a decentralized supercomputer.
  • This supercomputer supports data processing for AI, rendering, and other industries.
  • Gamers can monetize their GPU power, contributing to a shared economy.
  • Gaimin addresses the increasing demand for data processing and supports the play-to-earn gaming model with an NFT marketplace.

Adoption

  • Gaimin is gaining traction, with over 290,000 gamers engaged and a strong social media presence.
  • A mobile app was released in October 2023 to expand capabilities and user base.
  • Details on ecosystem development, partnerships, and TVL require further research.

Team and Investors

  • The team includes Maximiliam Jonsson, Casey James, Joseph Turner, Marc Bray, Miguel Ferrero, Arjan Eikelenboom, Enrique Santos, and Shaun Martelly.
  • Team expertise spans blockchain, gaming, big data, machine learning, finance, legal, communications, and esports.
  • Strategic acquisitions include Team Tickles, now Gaimin Gladiators, indicating a commitment to esports.
  • Investors’ names are not provided, but the team’s public profiles suggest they are doxxed.

Launch

  • Gaimin is launching the GMRX token, rewarding gamers for contributing GPU power.
  • The mobile app was released in October 2023, with no exact launch date for the Gaimin:Decentralized GPUs project.
  • GMRX tokenomics include a price of 0.06 USDT, accepted currencies (ETH, BTC, BCH, EOS, USD.DASH), a total supply of 5 billion GMRX, and sale caps of 10 million USD (soft) and 100 million USD (hard).
  • Gaimin is registered in the UK, and GMRX is an EOS-based utility token.

Summary

  • Gaimin is a Web3 gaming infrastructure project leveraging GPU power from gaming PCs for data processing.
  • It has a strong team, innovative technology, and a growing community, aiming to disrupt gaming and cloud computing.
  • The GMRX token is central to the ecosystem, rewarding gamers and enabling marketplace transactions.
  • The project offers opportunities for gamers to monetize their resources and industries to access decentralized processing power.

Tags: Project BreakdownToken Research
Tekk

Tekk

A humble palm tree that rides waves and writes the best crypto newsletter on the planet | Subscribe https://wavewisdom.beehiiv.com

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