What is Gamercoin

Article Summary, Automatically Generated By AI

About GamerCoin

Key Points:

  • GamerCoin (GHX) is the native token of the GamerHash platform.
  • GamerHash has 770,000+ gamers and focuses on crypto mining, AI, 3D renderings, and data analysis.
  • The founders are Patryk Pusch, Artur Pszczolkowski, and Mike Grzybkowski.
  • GamerHash rewards users for sharing excess computing power.
  • Total GHX supply is 880 million, with 322 million released at token sale.
  • Users can earn GHX through mining or tasks from affiliate partners.
  • The network is secured using Docker engine, Linux namespaces, and cgroups.</

Introducing GamerCoin: Revolutionizing the Gaming Ecosystem

Introducing GamerCoin (GHX): The Pioneering Cryptocurrency for Gamers

GamerCoin is the native token of the GamerHash platform, which seamlessly enables gamers to monetize their PC’s processing power. Since its inception in 2017, the platform has amassed a community of over 770,000 gamers, with a primary focus on cryptocurrency mining.

Now, with technical integrations and the introduction of the AI-powered app GamerHash, the platform is expanding to provide GPU power for artificial intelligence, 3D renderings, large language models, and data analysis, thereby perfectly aligning with the new DePIN label due to its architecture.

GamerHash assumes the role of a business-to-consumer computing power provider, capitalizing on the prevailing market scarcity of GPUs.

The Visionaries Behind GamerCoin: Meet the Founders

GamerCoin was established by a team of visionary Polish entrepreneurs. At the helm is CEO and founder Patryk Pusch, a seasoned serial founder with a proven track record in gaming, affiliate, and VR projects, boasting a crypto presence since 2013. CMO and co-founder Artur Pszczolkowski brings a wealth of corporate experience, having served as the head of digital for a Swiss-based global corporation, and is also the founder of the Swiss-Polish Blockchain Association and the Polish Blockchain Chamber. Rounding out the leadership team is CSO and co-founder Mike Grzybkowski, who previously helmed coin-paprika.com and founded Poland’s largest data center, and is an esteemed alumnus of the Oxford Blockchain Strategy Programme.

Unveiling the Unparalleled Attributes of GamerCoin

The GamerHash platform comprises a trifecta of components: a web platform, mobile application, and desktop application. At its core, the platform is designed to incentivize users to share their excess computing power, a valuable resource often underutilized by gamers. Typically, playing resource-intensive games only leverages 15% of a computer’s processing capacity, leaving a significant 85% idle. By downloading and running the application in the background, users can monetize this excess capacity. In return, they receive a substantial 93% to 100% of the mining rewards, with increased payouts correlating directly to the frequency of app usage.

What Is the Circulating Supply of GamerCoin (GHX) Tokens?

The total supply of GHX is capped at 880 million. Of this amount, 322 million GHX was allocated for release during the token sale. The token distribution is structured as follows:

Thirty-six point six percent – Token Allocation for Public Sale

Fifteen percent – allocated to the development team

Fundamental Building Blocks: 14%

Twelve percent will be allocated to the ecosystem fund, fostering a robust and sustainable environment for the project’s continued growth and development.

Nine percent will be allocated towards fostering strategic partnerships and driving marketing initiatives.

Five percent will be allocated to community development and in-game mining initiatives.

A dedicated 4.4% allocation is reserved to ensure optimal liquidity.

Four percent – allocated to our esteemed advisors.

Users can acquire GHX tokens through two primary channels: secondary markets or the network itself. Within the network, there are two methods to obtain GHX tokens. Firstly, users can leverage their idle computing power to mine cryptocurrencies, which yields a 20% bonus in GHX tokens for each daily withdrawal. Alternatively, users can complete tasks assigned by GamerHash’s affiliate partners to receive rewards. Notably, both options come with a 30-month lock-in period. Additionally, there are monthly earning caps in place: $10,000 USD equivalent for GHX earned through mining and $50,000 for Play&Earn rewards.

The GamerCoin Network’s Robust Security Framework

For enhanced isolation and resource control, GamerHash leverages the same cutting-edge technology that drives the Docker engine, harnessing the power of Linux namespaces and cgroups. Each component of the web application is meticulously contained within separate, isolated containers, ensuring a robust and secure environment. The platform is fortified by GreyWizard technology, providing an additional layer of protection against malicious bots, brute force attacks, and devastating DDOS assaults. Furthermore, databases are only accessible via a secure VPN, and Prometheus technology enables real-time monitoring of critical infrastructure performance metrics.

GHX exists as a dual-entity token, concurrently operating as an ERC-20 token on the Ethereum network and a BEP-20 token on the Binance Smart Chain.

ERC-20 is the de facto token standard that most newly minted tokens adhere to when launching on the Ethereum blockchain. As one of the most popular and widely adopted blockchain platforms, Ethereum has established itself as the go-to solution for a multitude of decentralized applications. Its proof-of-work consensus mechanism, which relies on miners to validate new Ether, has earned Ethereum a reputation as one of the most secure blockchains in the cryptocurrency ecosystem. A decentralized network of nodes works in tandem to validate transactions and ensure the integrity of the Ethereum blockchain.

Will GamerCoin Reach the $1 Milestone?

GamerCoin boasts an intriguing and distinctive concept, underscored by tangible utility. Notwithstanding, its value has plummeted significantly from its all-time high of $0.80 in May to a mere $0.10 in October. The prospect of GamerCoin revisiting its former glory hinges largely on the prevailing sentiment of the cryptocurrency market and its ability to rapidly expand its user base, thereby bolstering its profitability.

Acquiring GamerCoin (GHX): A Comprehensive Guide to Exchanges and Marketplaces

GHX is proudly listed on esteemed cryptocurrency exchanges, including KuCoin, FMFW.io (Bitcoin.com Exchange), Bithumb, and Uniswap (V2), further expanding its global reach.

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Delve into our in-depth exploration of the future of gaming in a virtual realm, where boundaries blur and limitless possibilities unfold.

Stay ahead of the curve with the latest cryptocurrency news and expert trading insights, courtesy of the CoinMarketCap blog.

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