Gaimin Price
(GMRX)
Gaimin Live Price Data
The live price of Gaimin is $0.000724, with a total trading volume of $ 16,759 in the last 24 hours. The price of Gaimin changed by -0.95% in the past day, and its USD value has decreased by -21.95% over the last week. With a circulating supply of 24.73B GMRX, the market cap of Gaimin is currently 18.02M USD, marking a --% increase today. Gaimin currently ranks #-- in market cap.
How do you feel about Gaimin today?
Note: This data is for reference only.Gaimin(GMRX) Profile
Website
Documentation
Explorer
Contract
- BNB Smart Chain (BEP20) 0x998305...a76
- Solana 76VxJbMF...hr2
Audited By
- --
Code & Community
Investors
- --
- ATH
- $0.039339
- Price Change (1h)
- -0.13%
- Price Change (24h)
- -0.95%
- Price Change (7d)
- -21.95%
- Market Cap
- $18.02M
- 24h Volume
- $16,759
- Circulating Supply
- 24.73B
- Max Supply
- 100B
About GMRX
How can I buy Gaimin (GMRX)?
Buying GMRX on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Gaimin (GMRX) for more information. What Is Gaimin (GMRX) Crypto?
Gaimin (GMRX) is a cryptocurrency deeply integrated into a unique ecosystem focusing on the gaming industry, leveraging Web3 technologies to enhance gamers' experiences and provide real value through in-game accomplishments.
This ecosystem is built around the GMRX token, a native utility token that powers the platform's internal economy. The token facilitates the purchase of digital gaming assets on the marketplace and enhances the gaming experience, particularly rewarding gamers for their contributions and participation.
The GMRX token operates on a deflationary model, featuring gamified staking and burning mechanisms to maintain its purchasing power. The ecosystem encourages users to monetize their computational resources passively, contributing to gaimin.cloud, and rewards them with GMRX tokens. This model allocates a significant portion of the revenue generated from these activities back into the token economy, with 80% going directly to users, 3% being burned to create a deflationary token supply, and 7% dedicated to stakers and yield farmers.
Gaimin's approach integrates gaming with Web3 technologies, allowing for decentralized and trustless transactions, secure exchanges of in-game assets and rewards, and the development of DAOs and communities. It taps into the massive and growing base of over 3 billion gamers worldwide, leveraging their familiarity with digital currencies, marketplaces, and goods to drive the adoption of blockchain-based assets.
How Does Gaimin Work?
Gaimin is a Web3 gaming platform that leverages blockchain technology to create a comprehensive gaming ecosystem. Here's an overview of how it works:
1. Utilization of Gamers' Computational Resources
Gaimin connects the untapped supply of computational power available within the global gaming community to the demand for such resources. Gamers can contribute their spare computational power to Gaimin's network, essentially monetizing their GPU power without negatively impacting their gaming experience.
2. Web3 Gaming Platform
Gaimin's platform leverages Web3 technologies to offer gamers a decentralized and enhanced gaming experience. This includes:
> Decentralized Transactions: Secure and trustless exchanges of in-game assets and rewards.
> DAOs and Communities: Development of decentralized autonomous organizations and communities for a more democratic gaming experience.
> Marketplace: A platform for purchasing digital gaming assets, enhancing the gaming experience through the use of GMRX tokens.
3. Strategic Growth and Adoption
Gaimin aims to capitalize on the massive and growing gaming market by offering innovative Web3 gaming experiences. This includes the development of minigames, monetization options through AI and cloud computing, and building a robust community of gamers and developers.
History of Gaimin Project and GMRX Coin
Gaimin launched its Initial DEX Offering (IDO) on March 22, 2024, and it concluded on March 25, 2024. This marked a significant milestone in the project's development and its introduction to the broader cryptocurrency and gaming communities.
The founders of Gaimin are Martin Speight (CEO), Andrew Faridani (CMO), Robert Van Schaik (CFO), Calvin Adamus (CPO), Clive Aroskin (COO), and Buki Ben Natan (CTO). These individuals have diverse backgrounds in technology, marketing, finance, product development, operations, and technical development, contributing to the project's vision and execution.
The platform's roadmap includes a variety of initiatives aimed at expanding its Web3 gaming offerings, such as launching beta versions of Web3 minigames, testing and launching new monetization options, and growing its ecosystem through strategic partnerships and community building efforts.
What Is GMRX Token Used for?
The Gaimin (GMRX) token serves multiple purposes within its ecosystem, underpinning the functionality of the Gaimin platform and offering various utilities to its users:
1. Monetizing Computational Resources: Gamers can earn GMRX tokens by sharing their unused computational power with Gaimin. This allows them to monetize their gaming hardware when not in use, contributing to a distributed network that powers various services.
2. Purchasing Digital Gaming Assets: $GMRX tokens can be used to purchase in-game items, NFTs, and other digital assets on the Gaimin marketplace. This utility adds value to the gaming experience by enabling true ownership of digital assets within the ecosystem.
3. Deflationary Mechanism: Through gamified staking and token burning strategies, GMRX acts as a deflationary token, potentially increasing in value as the ecosystem grows and tokens are removed from circulation.
4. Trade GMRX on KuCoin: You can trade Gaimin token on the KuCoin Spot Market to make the most of changing market conditions and volatility. You can buy GMRX tokens and potentially profit from trading activities based on market movements. However, this involves risk and requires an understanding of the cryptocurrency markets.
Gaimin (GMRX) Price Movements ($)
Period | Change | Change (%) |
---|---|---|
Today | $-0.000007 | -0.96% |
7 Days | $-0.000204 | -21.96% |
30 Days | $-0.000172 | -19.18% |
3 Months | $0.000034 | 5.07% |
24H Investment Barometer
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- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Gaimin Conversion Rate
FAQ
How much is 1 Gaimin (GMRX) worth?
KuCoin provides real-time USD price updates for Gaimin (GMRX). Gaimin price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time GMRX to USD exchange rates. Is Gaimin (GMRX) a Good Investment?
Investing in Gaimin (GMRX) offers several potential advantages rooted in the project's innovative approach to combining the gaming industry with blockchain technology:
1. Access to the Growing Gaming and Esports Market: Gaimin capitalizes on the massive and rapidly expanding gaming industry. With billions of active gamers worldwide, the demand for gaming experiences and digital assets continues to grow. Gaimin's focus on enhancing the gaming experience through its Web3 platform positions it at the forefront of this growth, providing investors with exposure to the lucrative gaming market.
2. Monetization of Idle Computational Resources: Gaimin's unique value proposition includes enabling gamers to monetize their unused computational resources. This not only provides a passive income stream for users but also represents a scalable business model that leverages the vast amount of untapped GPU power across the global gaming community.
3. Participation in a Deflationary Token Economy: The GMRX token has built-in gamified staking and burning features, making it a deflationary asset. This economic model is designed to maintain and potentially increase the token's value over time, benefitting long-term holders and investors.
4. Innovative Use of Blockchain and Web3 Technologies: Gaimin is at the cutting edge of Web3 gaming, providing a decentralized platform for secure and seamless transactions, true ownership of digital assets, and a community-driven ecosystem. Investing in Gaimin means backing a project pushing the boundaries of how blockchain can enhance the gaming experience.
5. Strong Foundation for Future Growth: With strategic partnerships and a clear roadmap, Gaimin has laid down a solid foundation for future development and expansion. Its plans for new games, features, and monetization strategies suggest a long-term vision that could drive the project's success and, by extension, the value of GMRX tokens.
6. Community and Social Impact: Beyond financial returns, Gaimin focuses on creating a positive social impact by enabling gamers to contribute their computational power towards meaningful causes, including AI research and blockchain technologies. This adds a layer of social responsibility to the investment, appealing to those looking to make a difference alongside seeking returns.
What Is Gaimin Price Prediction?
While we cannot offer a reliable GMRX price prediction owing to the crypto market’s volatility, monitoring the following factors could help you better understand the price changes in the Gaimin crypto:
1. Adoption and User Base Growth: As more gamers and users adopt the Gaimin platform to monetize their computational resources and participate in the gaming ecosystem, demand for GMRX could increase, potentially driving up the Gaimin price.
2. Partnerships and Collaborations: Strategic partnerships with gaming companies, esports organizations, and other blockchain projects can enhance Gaimin's credibility, expand its user base, and increase token utility. Announcements of such partnerships often positively impact the GMRX token price.
3. Platform Development and Feature Releases: The rollout of new features, games, and monetization options can increase the platform's attractiveness to users, boosting the utility and demand for GMRX tokens. Regular updates and progress in line with the project's roadmap can serve as positive price catalysts.
4. Market Sentiment and Cryptocurrency Trends: General market sentiment towards cryptocurrencies and blockchain projects can significantly affect the GMRX to USD price. Positive trends and investor sentiment in the broader crypto market can lead to increased interest and investment in GMRX.
5. GMRX Tokenomics and Supply Dynamics: The deflationary mechanisms of GMRX, including token burning and staking rewards, can influence its supply and, by extension, the GMRX crypto price. If met with steady or increasing demand, a decreasing supply could lead to appreciation in the Gaimin crypto price.
6. Competition: The competitive landscape of blockchain gaming platforms and similar projects can impact Gaimin's market position. Success in distinguishing itself and capturing market share can positively influence the $GMRX price, while failure to do so could have the opposite effect.
7. Technological Innovations: The integration of cutting-edge technologies and features that enhance the gaming experience or provide new utilities for GMRX can drive interest and adoption, potentially influencing the GMRX coin price.
How to Earn on Gaimin Platform
The primary way to earn on Gaimin is by contributing your idle GPU power. Gamers can monetize their unused computational resources by allowing Gaimin to use their PC's processing power when they are not gaming. In return, users receive GMRX tokens, which can be used within the ecosystem or exchanged on supported cryptocurrency platforms.
In the future, Gaimin plans to introduce various gaming and community features, including minigames and esports activities. Participating in these features and competitions could offer opportunities to earn GMRX tokens as rewards for achievements and engagement.
What is the all-time high price of Gaimin (GMRX)?
The all-time high price of Gaimin (GMRX) is $0.039367. The current price of GMRX is down 98.16% from its all-time high.
What is the all-time low price of Gaimin (GMRX)?
The all-time low price of Gaimin (GMRX) is $0.000437. The current price of GMRX is up 65.83% from its all-time low.
How much Gaimin (GMRX) is there in circulation?
As of 12 22, 2024, there is currently 24.73B GMRX in circulation. GMRX has a maximum supply of 100B.
What is the market cap of Gaimin (GMRX)?
The current market cap of GMRX is $18.02M. It is calculated by multiplying the current supply of GMRX by its real-time market price of $18.02M.
How do I store Gaimin (GMRX)?
You can securely store your Gaimin in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your GMRX include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Pepe 2.0 (PEPE2) to cash?
You can instantly exchange your Pepe 2.0 (PEPE2) for cash using KuCoin's Fast Trade feature. This feature enables you to convert PEPE2 to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.