Fun

GAIMIN Launches the World’s First Interoperable, Cross-Game, Utility NFT – GAIMIN’s NFTxg

News Feed - 2022-06-16 08:06:59

GAIMIN Launches the World’s First Interoperable, Cross-Game, Utility NFT - GAIMIN’s NFTxg press release


PRESS RELEASE.GAIMIN has solved a key issue for gamers – re-usable, purchased in-game assets that are not lost when a game closes or the gamer wants to play a different game. With GAIMIN’s world first NFTxg,a gamer can now securely invest in their gaming experience and retain ownership of a cross-game asset inventory.


GAIMIN’s NFTxg delivers true cross-game, cross-device, interoperable utility NFTs to moddable AAA games, enabling a gamer to own and retain full ownership their in-game asset purchases, re-using their NFTs across different games with utility relevant to the specific game in which they are being used.


A gamer can now build up an in-game repository through purchase and other acquisition methods and have an immediately available repository for a new game.


Martin Speight, CEO of GAIMIN stated, “I am delighted to announce GAIMIN’s NFTxg, a world first in the development of a interoperable, cross-game, utility NFT. In releasing the NFTxgwe have solved the gamer’s key problem – true in-game asset ownership. Not only does the NFTxgenable a gamer to own their in-game assets, but it also assures the 60+% of gamers who do not purchase in-game assets they can now purchase and own assets, improving their gaming experience and creating a gaming inventory that can be later sold or rented/loaned to other gamers.”


Martin commented further, “The key feature of the NFTxgis its ability to transfer utility between different games. We have initially implemented NFTxgtechnology into Minecraft and GTA V with other moddable, private server hosted games, such as RUST which is next on the list. One such NFTxgis the “Ridged Quickblade” which is usable in both Minecraft and GTA V and will also be available in RUST shortly – one NFT with interoperable in-game attributes and enchantments , 3 in-game uses!”


Currently only games incorporating GAIMIN NFT and blockchain technology can support the NFTxg – these are Minecraft, GTA V and (soon to be) RUST. However, GAIMIN has developed a plugin for all server owners who run these games, and is developing an SDK which will allow developers of games for the Unreal and Unity game engines to incorporate GAIMIN blockchain and NFT technology into their games and therefore allow the NFTxg to be used in these games. The NFTxg will have a style and attributes relevant to its utility in the game in which it is being used.


Martin concluded, “The launch of GAIMIN’s NFTxginto some of the most popular AAA games allows users to retain ownership of their in-game NFT asset purchases, with utility built into a number of different games. This creates retained value for NFTxgowners and for the first time allows gamers to invest in their gaming experience and retain their purchases. Over the coming months, we expect the number of games supporting NFTxgto increase, we shall be releasing more NFTxgassets and enabling ownership of assets through our PC monetising technology.”


About GAIMIN


GAIMIN.IO Ltd (GAIMIN) is a UK and Swiss based gaming company focused on helping the gaming community monetise the computational power of their gaming PC. GAIMIN has created a decentralised data processing network harnessing under utilised processing power typically found in gaming PC’s to create a world-wide decentralised data processing network, delivering “supercomputer” performance.


With a free to download PC-based application GAIMIN monetises the under utilised performance through innovative approaches to delivering “supercomputer” level data processing performance from a world-wide network of independent processing devices. Focusing initially on the powering of blockchain computations, the GAIMIN data processing network also supports a number of different large scale data processing applications, including video rendering.


GAIMIN pays users in its own crypto currency, GMRX which can then be used for purchases on the GAIMIN Marketplace for NFTs, in-game assets, accessories and merchandise, or it can be converted to fiat or a different crypto currency.


For more information on GAIMIN click on this link: www.gaimin.io


For up to date information, please follow the following GAIMIN social media accounts: Facebook: https://www.facebook.com/Gaimin.io Instagram: https://www.instagram.com/gaimin_io/ Twitter: https://twitter.com/GaiminIo LinkedIn: https://www.linkedin.com/company/gaimin/ YouTube: https://www.youtube.com/c/Gaimin Telegram: https://t.me/officialgaimin Discord: https://discord.gg/Xr3JjYMY


For further information, please contact:


The Americas, Middle East and Australian Pacific – Andrew Faridani, Chief Marketing Officer for GAIMIN (based in Toronto, Canada): andrew@gaimin.io


UK and Europe – Marc Bray, Chief Communications Officer for GAIMIN (based in Manchester, UK): marc@gaimin.io


 


 


  Tags in this story GAIMIN, NFTxg


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Bitcoin.com Media


Bitcoin.com is the premier source for everything crypto-related. Contact ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options. Russia Developing Sandbox for Cross-border Crypto Payments NEWS | 2 hours ago US Central Bank Hikes Benchmark Rate by 75 bps, Fed"s Largest Increase Since 1994 ECONOMICS | 4 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleRussia Developing Sandbox for Cross-border Crypto Payments More Popular NewsIn Case You Missed ItCentral Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year


The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse Economist Predicts the Fed"s Response to Inflation Will Push Crypto Higher

News Feed

Google parent Alphabet profit surges 29% in Q2 amid AI splurge
Brayden Lindrea6 hours agoGoogle parent Alphabet profit surges 29% in Q2 amid AI splurgeThe firm’s CEO, Sundar Pichai, said its AI products have already generated “billions” in revenue from its cloud business.2672
Felix Ng2 hours agoETH DeFi ‘circuit breaker’ could cut hack losses by 70% — DeveloperDiyahir Campos, a smart contract developer behind the new ERC proposal, sought action after falling victim to the Euler Finance
Crypto Analyst Sets $7,000 Target For Ethereum Price — Here’s How
Este artículo también está disponible en español. While several other altcoins have fairly shone in the current bull cycle, the Ethereum price has often struggled to live
John McAfee’s Body Is Still in a Spanish Morgue a Year After He Passed, His Widow Wants Answers
John McAfee"s Body Is Still in a Spanish Morgue a Year After He Passed, His Widow Wants Answers A year ago on June 23, the anti-virus software tycoon John McAfee was found dead in
Tom Blackstone5 hours agoBitcoin Magazine claims Fed accused it of trademark violation for T-shirtsCrypto publication Bitcoin Magazine claims it has been threatened with legal action over “FedNow” T-shirts, hats and
From $100 Million to Nothing — Biographer Claims John McAfee Was Broke When He Died
From $100 Million to Nothing — Biographer Claims John McAfee Was Broke When He Died Just before the antivirus tycoon John McAfee was found dead in Spain, he to
Dogecoin To $1 Is ‘Absolutely’ On The Table This Cycle, Says Analyst
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Ezra Reguerra11 hours agoNFT gas usage shows downward trend, signals shift in landscapeDespite a surge in Ether gas prices in May, NFT marketplaces only accounted for 3% of the entire Ethereum gas consumption.1242 Total
Prashant Jha12 hours agoReddit removes moderators involved in alleged insider trading of MOON tokensOn Oct. 18, Reddit closed its blockchain-based points program that involved the use of certain crypto tokens native to s
Biggest Movers: DASH, CVX and ALGO Lead Monday’s Gainers, APE Falls Further
Biggest Movers: DASH, CVX and ALGO Lead Monday"s Gainers, APE Falls Further CVX was the biggest crypto gainer to start the week, as both DASH and ALGO also climbed higher. Despite
Europe’s Largest Telecom Provider Chooses to Leverage Coinbase Custody to Stake CELO Tokens
Europe’s Largest Telecom Provider Chooses to Leverage Coinbase Custody to Stake CELO Tokens The largest telecommunications provider in Europe, Deutsche Telekom
Michael Saylor ups BTC price forecast to $13M in mega-bullish keynote — Bitcoin 2024
Alex O’Donnell3 hours agoMichael Saylor ups BTC price forecast to $13M in mega-bullish keynote — Bitcoin 2024“Triple maxi” Bitcoin bulls could earn a net worth of $214 million by 2045, Saylor said.4011 Total view