Gaimin - gaming and web3 - Decentralized Finance News

Gaimin – gaming and web3. Find out more about the project and direct access to its website.

Gaimin, the revolutionary gaming platform that encourages its users to use its platform with rewards thanks to Web3.

If you follow GameFi news, then this project should be of particular interest to you, and here’s why?

Make money while enjoying your preferred games. Gain rewards like usable in-game assets. Engage in top-tier AAA games on supported GAIMIN servers, with an expanding library of titles slated for the future.

Gaimin – introduction:

The Gaimin platform emerged from a simple observation: in the age of new technologies, marked by an exponential digitization of our society, the amount of generated computer data is skyrocketing.

This is primarily due to two factors: on one hand, sources such as social media, devices connected to the Internet of Things (IoT), sensors, online transactions, etc., produce a vast amount of data every day.

On the other hand, applications and computing tasks are becoming increasingly complex. Areas such as artificial intelligence (AI), machine learning (ML), modeling, and simulation require considerable computational resources to function effectively.

While the computing power of electronic components increases every year, they fail to keep up with the pace at which demands are rising. “The most valuable resource in the world is no longer oil, but data. That’s why data processing capacity is becoming one of the most valuable commodities in the world,” The Economist stated on this matter.

However, solutions exist, and it is precisely for this purpose that Gaimin was created.

Graphic cards, a problem to be solved:

The platform aims to cleverly address the issues we’ve just mentioned by harnessing the computational power of graphics cards (GPUs). A still innovative process evolving under the name DePIN.

Naturally, each of these cards possesses its own power: some are quite basic and can only meet basic needs, while others are optimized for gaming or modeling, for instance. Graphics cards designed for gaming are particularly powerful, structured to process vast amounts of data and repeat similar operations at very high speeds. According to calculations by Gaimin, the computer gaming community represents approximately $500 billion in hardware equivalent computational power.

This computational power resource currently represents the largest untapped reserve of distributed processing power worldwide. And Gaimin has decided to reward gamers by harnessing the hardware power of their GPUs through blockchain and Web3.

How does Gaimin’s solution work?

You might wonder how graphics cards could meet the needs of data production? Gaimin’s solution is based on its eponymous platform, which is already functional and available for free download on PC.

In practice, Gaimin rewards its users with cryptocurrencies when they have the dedicated launcher activated in the background. Once the Gaimin launcher is started, it analyzes the user’s computer to determine which processor and graphics card are being used. Based on this information, Gaimin adapts to the hardware being used and utilizes a portion of its computing power akin to cloud computing.

This implies that Gaimin’s capacity to monetize users’ computing resources via their passive involvement in gaimin.cloud, and to give back up to 90% of the rewards to its players, ensures that Gaimin will not only attract a significant user base but also a user base with sustained purchasing power, a remarkably potent combination.

This option is entirely optional and customizable by the user. Thus, Gaimin offers a painless solution to earn rewards by allocating unused computing power from a computer.

For your information, the computing power generated by Gaimin users’ GPUs is repurposed to facilitate calculations needed for artificial intelligence (AI), 3D rendering, software, or even blockchains: an innovative solution dubbed gaimin.cloud.

To date, Gaimin taps into over 300,000 graphics cards, positioning it as a leader in its sector, far ahead of competitors.

A unique gaming experience:

Naturally, as you allocate a portion of your GPU’s computing power, Gaimin rewards you for it. These cryptocurrency rewards can be directly used from the Gaimin launcher to purchase a selection of video games or in-game content.

Gaimin’s unique technology allows you to play numerous AAA video games, including Grand Theft Auto V, Minecraft, Apex, and Rust. As Gaimin’s experience is still in its infancy, its game library is continuously updated with the addition of new titles.

In a nutshell:

At the intersection of Web3, blockchain, and gaming, Gaimin offers an environment that addresses numerous challenges encountered by players and even by the games themselves:

Scalability and latency: Current gaming platforms are hindered by speed and limited expansion issues, making them inadequate to handle the increasing number of players in Web3;
Operational costs: Development costs are inflated due to the lack of adequate support for building gaming platforms and chains;
Fragmented ecosystems: The lack of interoperability between gaming platforms leads to fragmentation of gaming environments;
Game monetization: Traditional games fail to effectively reward player engagement and restrict in-game asset exchanges;
High entry barrier: Complexity associated with creating crypto wallets and navigating through games creates significant hurdles for users and Web3 game developers;
High latency in multiplayer environments: Current multiplayer game server providers struggle to offer solutions with low latency.

Utilizing the opBNB Stack and Movements Labs technology, Gaimin now presents one of the most scalable solutions available, theoretically capable of handling up to 160,000 transactions per second. Moreover, developers can seamlessly build within the Gaimin ecosystem using a tailored and simplified software development kit (SDK).