2019 marked a significant milestone with the launch of GamerCoin (GHX), the native cryptocurrency powering transactions within the GamerHash platform. Initially released as an ERC-20 token during a Token Generation Event in 2020, GHX swiftly gained traction, securing listings on major exchanges like Bithumb. Over time, its utility expanded to include transactions within the GamerHash Store and rewards for users engaging in Play&Earn tasks. By 2022, GHX had furthered its reach by integrating into the Binance Smart Chain as a BEP-20 token.
GHX Empowering Transactions and Engagement
GamerCoin (GHX) is the heartbeat of the GamerHash ecosystem, offering users versatile utility and rewarding opportunities. With strategic tokenomics and a dual-blockchain approach, GHX ensures accessibility and scalability while empowering users to participate in staking, liquidity mining, and Play&Earn missions. As GamerHash continues to innovate, GHX remains central to its mission, driving growth and fostering a vibrant community at the intersection of gaming and cryptocurrency.
GamerCoin Distribution Strategy
GamerCoin (GHX) distribution is meticulously structured to ensure the long-term sustainability and growth of the GamerHash ecosystem. This strategic allocation plan encompasses various stakeholders and initiatives, fostering community engagement and platform development.
| Allocation | Percentage | Description |
|---|---|---|
| Seed & Private Sale | 36.6% | Allocated for early investors, with structured releases to incentivize support and ensure a fair distribution of tokens. |
| Team | 15% | Reserved for the core team and new hires, vested over 2.5 years to align incentives with the project’s long-term success. |
| Community & Game Mining | 5% | Reserved for community rewards and mining bonuses, fostering engagement and participation within the GamerHash ecosystem. |
| Foundation | 14% | Dedicated to supporting the gaming industry over four years, benefiting developers and event organizers to drive ecosystem growth. |
| Advisors | 4% | Set aside for advisors, providing crucial strategic guidance and expertise to steer the project’s trajectory, released gradually over one year. |
| Ecosystem Fund | 12% | Fuels the growth of the GamerHash platform by facilitating the integration of new partners and features, ensuring continuous innovation. |
| Liquidity Reserve & Marketing | 13.4% | Ensures smooth market operations and promotes ecosystem adoption through liquidity provision and strategic marketing efforts. |
Each allocation plays a pivotal role in the development and sustainability of the GamerHash ecosystem, ensuring that GHX remains a cornerstone of innovation and community-driven progress.
Token Burning Strategy
GamerHash employs a strategic token burning approach to effectively manage the GHX token supply, thereby promoting economic stability within the ecosystem. This transparent process involves the permanent removal of tokens from circulation, aiming to potentially increase scarcity and value over time.
By reducing the circulating supply of GHX, token burning can bolster community trust and enhance the attractiveness of GHX as an investment. This commitment to transparency and sustainable tokenomics serves to strengthen GamerHash’s position as a reliable and forward-thinking platform within the cryptocurrency landscape.
Staking for Rewards
GHX staking presents token holders with an enticing opportunity to earn rewards by locking their tokens for a predetermined duration. This strategic action not only contributes to enhancing network security but also offers attractive returns, with Annual Percentage Rates (APRs) reaching up to 25%.
Available on both Ethereum and Binance Smart Chain networks, GHX staking provides flexibility and accessibility to investors seeking to maximize their returns while actively participating in the GamerHash ecosystem. Whether you’re a seasoned investor or a newcomer to staking, GHX staking offers a seamless and rewarding experience for all.
Liquidity Mining Opportunities
Liquidity mining offers GHX holders an enticing chance to generate income by supplying liquidity to decentralized exchanges like Uniswap and PancakeSwap. By participating in liquidity provision, users not only receive a fraction of transaction fees but also benefit from additional incentives provided by GamerHash.
However, it’s crucial to acknowledge the potential risks associated with liquidity mining, such as impermanent loss. Despite these risks, liquidity mining remains a promising avenue for GHX holders to actively engage with the ecosystem while earning rewards.
The Market Cap of GamerCoin
The market cap of GamerCoin stands impressively at €91.40 million. Market capitalization is a crucial metric in assessing the total market value of a cryptocurrency. GamerCoin’s substantial market cap indicates strong investor confidence and a robust market presence, highlighting its significance in the cryptocurrency ecosystem.
What is the all-time high of GamerCoin?
GamerCoin reached its all-time high at €0.81. This peak represents the highest value investors were willing to pay for GamerCoin since its inception. Understanding these historical price levels can be essential for both potential investors and current holders to evaluate past performance and future potential.
What other assets are similar to GamerCoin?
In the vast universe of cryptocurrencies, GamerCoin shares a market cap similar to several other notable assets. Cryptocurrencies such as Rarible, Omax Coin, and RichQUACK.com also align closely with GamerCoin in terms of market capitalization. For investors looking to diversify their portfolio, considering these comparable assets might provide additional opportunities in the crypto market.
How many GamerCoin are there?
The circulating supply of GamerCoin is currently at 650 million coins. The supply of a cryptocurrency can impact its price and investment attractiveness. A known, finite supply can lead to higher demand, potentially driving up the price, particularly if the coin gains widespread acceptance and use.