{"id":422546,"date":"2019-08-26T02:36:01","date_gmt":"2019-08-26T02:36:01","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=422546"},"modified":"2019-08-26T02:36:01","modified_gmt":"2019-08-26T02:36:01","slug":"gaiminio-positioned-to-capitalize-as-the-blockchain-offers-solutions-to-gaming-industry-problems","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/gaiminio-positioned-to-capitalize-as-the-blockchain-offers-solutions-to-gaming-industry-problems_422546.html","title":{"rendered":"Gaimin.io positioned to capitalize as the blockchain offers solutions to gaming industry problems"},"content":{"rendered":"<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/uploads\/0af0fb9da42b13ecf2e6f98f94d1dc8a.png\" alt=\"\" \/><\/p>\n<p style=\"text-align: justify;\">Within the gaming world, the PC gaming sector is one of the most profitable industries in the world, predicted to rise to $33.6 billion by 2020, representing an increase of +19.83% year on year.&nbsp; With that being said, there are still problems that need solutions. Some of these challenges include global payment issues (multi-currencies), the cost of games and in-game purchases, lack of security for game accounts, the inability of users to resell gaming assets they no longer use, and the initial cost of a PC gaming computer with its ongoing upgrade costs.<\/p>\n<p style=\"text-align: justify;\">To combat these issues, Gaimin.io plans to help gamers by using blockchain based solutions.<\/p>\n<p style=\"text-align: justify;\">Gamers can now connect their PCs to Gaimin.io&rsquo;s platform, when they are not using them for gaming, and have their computer&#8217;s processing power perform tasks ideally suited to a GPU, such as confirming and validating blockchain transactions. In return, gamers are rewarded with Gaimin.io GMRX crypto tokens which they can then use directly for in-game purchases, avoiding any multi-currency payment challenges.<\/p>\n<p style=\"text-align: justify;\">Gaimin.io has future plans that include full blockchain ownership of in-game assets. Providing gamers with this kind of platform will allow them to use virtual items cross platform, in and out of games, which will increase their monetary value.&nbsp; A full peer-to-peer marketplace where gamers can buy, sell and rent gaming purchases between themselves, creating a platform that will allow a gamer to sell the items for fiat or even crypto will also increase the economic value.&nbsp; &ldquo;This healthy marketplace will increase not only the economic value but also the social value,&rdquo; stated Calvin Adamus, the originator of the Gaimin.io concept. &ldquo;Our community will be the most important aspect of everything that we will be doing. Genuinely creating a win-win for everybody concerned, whether it&rsquo;s a blockchain company that requires nodes, or a film studio needing rendering services or an interior design company requiring walk through renders, the gamers will be rewarded for providing the processing power.&rdquo;<\/p>\n<p style=\"text-align: justify;\">EOS public blockchain was chosen in order to offer increased user account security.&nbsp; For full functionality such as for the market and mining application, integration of different elements of Gaiminio&rsquo;s system with &ldquo;smart contracts&rdquo;, use of the RPC API and Wallet RPC API. These API calls will be signed, ensuring the same level of security as SSH.&nbsp; In the future, Gaimin.io&rsquo;s target is to be able to launch its own EOS node to make calls between the blockchain and Gaimin.io&rsquo;s server more secure. Gaimin.io will use &#8220;SMART CONTRACT AUDITS&#8221; like &#8220;QuillAudits&#8221; to find security flaws and errors while avoiding bugs within the contracts. Features such as a &#8220;kill-switch&#8221; will enhance security further creating the possibility of turning off a contract should something go wrong.<\/p>\n<p style=\"text-align: justify;\">Gaimin.io&rsquo;s many solutions will positively impact gamers and the gaming ecosystem as the two worlds of gaming and blockchain converge. Andrew Faridani, the Chief Marketing Officer, was proud to claim that &ldquo;With Gaimin.io every gamer will be at the forefront of progress as cross-platform assets develop and gaming companies integrate their use of the blockchain.&ldquo;<\/p>\n<p style=\"text-align: justify;\">For more information, visit: https:\/\/www.gaimin.io<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/blockcast.cc_42833.html\" rel=\"nofollow\">Blockcast.cc<\/a><br \/><strong>Contact Person:<\/strong> Joann Park<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=gaiminio-positioned-to-capitalize-as-the-blockchain-offers-solutions-to-gaming-industry-problems\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> +65 98832707<br \/><strong>Country:<\/strong> Singapore<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.blockcast.cc\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.blockcast.cc<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/www.blockcast.cc\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=gaiminio-positioned-to-capitalize-as-the-blockchain-offers-solutions-to-gaming-industry-problems\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Within the gaming world, the PC gaming sector is one of the most profitable industries in the world, predicted to rise to $33.6 billion by 2020, representing an increase of +19.83% year on year.&nbsp; With that being said, there are &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/gaiminio-positioned-to-capitalize-as-the-blockchain-offers-solutions-to-gaming-industry-problems_422546.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[435,449,413,431,411],"tags":[],"class_list":["post-422546","post","type-post","status-publish","format-standard","hentry","category-Europe","category-Gaming","category-Services","category-Sports","category-Technology"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/422546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=422546"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/422546\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=422546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=422546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=422546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}