What Is Gamesta(GSG)?
With the introduction of blockchain technology and the ability to create trust less networks, gaming developers are now able to reward the players for their active gaming performance and incentive’s the players that make up the core value of the game. Gamesta In-game asset ownership through the use of NFT’s provides additional value to the players when the in-game asset is used within the game world by playing an active role in the game itself. As players increase the XP of an in-game asset by playing, its value increases, meaning players are incentive to spend time in the game to boost, cashing out by selling their in-game assets and possibly resell them whenever they wish.
Gamesta The play 2 earn model enables game developers to create value in unique tokens associated with the game. These tokens provide utility, and therefore new ways to engage with the game and trade in-game assets. Play 2 Earn is revolutionary as it debases the value of a player’s time regardless of their means, wealth and location. All players are equal. That means players from under-privileged countries such as Vietnam, Philippines, & Thailand can make relatively high full time incomes from actively playing the games.
Gamesta Storage Key Points
|Circulating Supply||27,532,046.00 GSG|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Due to the play 2 earn models’ effectiveness, the prices of the NFTs linked to the in-game assets required to play may be significantly high, meaning barriers of entry exist for those with no money to purchase such NFT. Gamesta Scholarships such as Gamesta’s enable the distribution of these in-game assets to players that can use them in game in exchange for a profit sharing model. This sharing is a consequence of the active gaming performance of the players.
Ecosystem & Treasury
The Gamesta ecosystem revolves around the Treasury, which is an open and transparent funds system, bankrolling all games thereon. All fees collected from players will be collected in this treasury , and it would also pay out players’ winnings. The $GSG token will be used to transact value within the Gamesta Ecosystem. After completion of the private & public sale, G A M E S T A will use capital to purchase in-game assets and begin development work on the infrastructure of the ecosystem.
Tiered 50/50 Profit Split
Gamesta want to attract the BEST players in the world into your ecosystem. They believe that the player’s time is equal in value to the in-game assets being used, so therefore will be operating a tiered reward system for players due to their active gaming performance with up to 50/50 profit share from gaming profits. $GSG will enable players to earn by playing the game, and the treasury funed, via your unique smart contract system of buying back the $GSG token with rewards generated.
Gamesta are currently closing the allocations in the seed round before starting your private rounds allocations, and are looking to raise $8,000,000 USD to assist in building a world class in-game asset base and efficient smart contract system. This will enable to create a DAO which will make key decisions, operate the treasury, and direct the Guild in a fair and equitable manner.
In order for the Gamesta ecosystem to function properly, users would need to be incentive’s to play the role of liquidity providers and stake their digital in-game assets into the Treasury market making pools. As compensation for opportunity costs as well as impermanent losses, these liquidity providers which help to promote adoption of the G A M E S T A ecosystem by staking or including in-game assets to liquidity pools would be rewarded, provided that they actively play or perform other activities for the Guild, with $GSG tokens (i.e. “mining” on the Gamesta ecosystem), according to each user’s relative contribution after various adjustment and correction parameters.